News / Land

El-Gazzar: Surge in Dollar Investment Demand in Upper Egypt, Fourth Gen Cities

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced a significant rise in applications from investors and companies for investment opportunities in dollar-denominated sectors in various Upper Egypt and fourth generation cities, Invest-Gate reports.

10 Most Expensive Celebrity Real Estate Transactions of 2023

As the curtain falls on 2023, it’s time to recap the year's jaw-dropping celebrity real estate dealings, Invest-Gate reports.

Ministry of Housing to Hand Over Beni Suef Housing Plots Starting 3 December

Egypt's Minister of Housing Assem El-Gazzar said the New Beni Suef City Authority will begin the delivery of medium and social housing plots in the new Beni Suef city from 3 December until 1 February, Invest-Gate reports.

Real Estate Prices in Saudi Arabia Rise 0.7% in Q3

The general index of real estate prices in the Kingdom of Saudi Arabia rose by 0.7% year-on-year (YoY) in the third quarter of 2023, Invest-Gate reports.

New Suez, Industrial Development Chiefs Review Ataqa Land Plots

Asmaa Makhlouf, head of the New Suez City Development Authority, met with Nahed Youssef, acting chair of the Industrial Development Authority, to discuss industrial land plots in Ataqa, Invest-Gate reports.

Land Plots Allocation Mechanism for Foreign Investors Extends for 6 Months

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, announced that the New Urban Communities Authority's (NUCA) board of directors approved extending the decision No. 174 on December 20, 2022, Invest-Gate reports.

Housing Minister Issues New Decisions To Remove Lands Violations

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, issued four decisions to remove encroachments and building violations on lands owned by the New Urban Communities Authority, Invest-Gate reports.

Egypt Offers Two-Month Grace Period to Claim Housing Plots

Egyptian Minister of Housing Assem El-Gazzar said the New Urban Communities Authority agreed to a two-month grace period from the announcement date for citizens to claim allocated small residential plots, including Bait Al Watan lands, Invest-Gate reports.

Dubai Property Sales Surge 43.5% in 7 Months

The value of daily property sales in Dubai was up 43.5% in the first seven months of 2023 compared to the same period last year, according to data from the Dubai Land Department, Invest-Gate reports.

Dubai Completes Distribution of 3,200 Residential Plots

The Dubai Municipality completes the distribution of 3,200 residential plots to its citizens living in the emirate, Invest-Gate reports.

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