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Majid Al Futtaim Opens First Supeco Store in Fayoum, Advancing Expansion Strategy in Upper Egypt

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, has announced the opening of its latest Supeco store, the first in the Fayoum Governorate, with investments exceeding EGP 36 mn, Invest-Gate reports.

Hilton Plans to Open 25 New Hotels in Egypt

Hilton aims to triple its presence in Egypt, with plans to open 25 hotels across the country in the next few years, including the signing of more than 10 new properties under the global hospitality company’s award-winning brands, Invest-Gate reports.

Dubai Breaks Records with the World’s Largest Airport

Dubai has once again rewritten the rulebook with the unveiling of the world’s largest airport, a groundbreaking development that cements the city’s status as a global leader in innovation and luxury, Invest-Gate reports.

Saudi Arabia Requires 115,000 New Homes Annually to Achieve 2030 Homeownership Goal

Knight Frank stated in a recent report that Saudi Arabia may need to construct 115,000 homes annually over the next six years to meet the growing demand from young people and achieve the goals of Saudi Vision 2030, which aims to raise home ownership to 70%, Invest-Gate reports.

Details Announced for Inaugural GAMERGY Egypt Festival Hosted by IMKAN Misr with International Participation on Monday

GAMERGY Egypt is organizing a press conference on Monday to announce the details of the first edition of the festival in Egypt, which will be hosted by IMKAN Misr in the Alburouj project from January 30 to February 1, 2025, Invest-Gate reports.

Times Developments, ABB Form Strategic Partnership to Enhance Electrical Infrastructure for Avelin, Aster Projects

Times Developments has announced a strategic partnership with ABB, a global leader in electrical and automation solutions, to provide advanced electrical systems and supply the latest medium-voltage devices for its flagship projects, Avelin and Aster, Invest-Gate reports.

Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Recent data reveals that the prices of mid-range properties in Dubai have increased by between 12% and 40% from the beginning of 2024 through the end of the third quarter, compared to the same period in 2023. This significant increase reflects the high demand for this segment of the real estate products in Dubai, Invest-Gate reports.

Saudi Arabia Set to Host Largest-Ever Electronic Real Estate Auction

Saudi Arabia is set to host its largest-ever electronic real estate auction, featuring 103 properties across six different areas, Invest-Gate reports.

Binghatti Completes 6 Landmark Projects with 2,062 Luxury Residential Units in Jumeirah Village Circle

Binghatti Developers has once again solidified its reputation as the UAE’s fastest property developer by delivering six major residential projects in record time, Invest-Gate reports.

Hassan Allam Holding, Nesma Holding Form Strategic Partnership to Boost Logistics Infrastructure, Regional Economic Growth 

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, in joint venture with Defaf United for Logistics, a subsidiary of Nesma Holding, announces a strategic collaboration to invest in and develop an advanced off-port terminal in King Abdullah Economic City (KAEC), adjacent to King Abdullah Port, Invest-Gate reports.

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