News / Middle East

TMG Holding Signs MoU for New Project in Iraq

TMG Holding signs MoU for the development of its new large-scale mixed-use project in Iraq, accelerating its Regional Expansion Plan focused on exporting its pioneering integrated city model in the broader Middle East and bringing its land bank in regional markets to 29 mn sq, Invest-Gate reports.

TMG, Oman Ministry of Housing Signs OMR 1.5 bn Real Estate, Tourism Deal

TMG and the Omani Ministry of Housing and Urban Planning today, Monday, May 19, 2025, signed an agreement to develop two projects – a real estate and a tourism-related venture – west of Muscat, the Omani capital, Invest-Gate reports.

Kuwaiti Urbnlanes and UAE-based STORY Hospitality Sign Partnership Agreement on the Sidelines of “The Investor Real Estate” Conference

The Kuwaiti company Urbnlanes, a subsidiary of Emeel Abdalla Investments, signed a partnership agreement with STORY Hospitality, which manages a portfolio of leading hotel and commercial brands worldwide and is a subsidiary of Abu Dhabi Capital Group, one of the UAE’s leading investment firms, Invest-Gate reports.

Arab Bank Group’s Profits Reach $271 Mn for Q1 2025, Marking a Growth Rate of 7%

Arab Bank Group reported solid results for the first quarter of 2025 (Q1 2025), with a 7% increase in net income after tax, reaching $271 mn compared to $252.8 mn as of March 31, 2024, Invest-Gate reports.

Majid Al Futtaim Celebrates Orphans’ Day by Welcoming Over 300 Children to Its Malls in Egypt

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, marked Orphans’ Day with a heartwarming initiative that provided meaningful and joyful experiences to 325 children across its malls, including Mall of Egypt, City Centre Almaza, City Centre Alexandria, and City Centre Maadi, Invest-Gate reports.

Grande-Sabbour Signs Cooperation Agreement with Sarat Investments to Develop Real Estate Projects in Saudi Arabia

Grande By Al Ahly Sabbour, a subsidiary of Al Ahly Sabbour Developments, has signed a cooperation agreement with Prince Saud bin Abdulaziz bin Fahd bin Farhan Al Saud, Chairman of Sarat Investments, Invest-Gate reports.

MDP Sets New Standards for Sustainability Across Africa with Mastercard Certification

MDP has successfully obtained the Card Eco Certification badge from Mastercard. In line with Mastercard’s Sustainable Card Program launched in 2018, MDP is the first card issuer to acquire this sustainability badge in Egypt, Invest-Gate reports.

Under the patronage of Dr. Mostafa Madbouly and with the participation of the «Dubai Land Department», as well as companies like «DAMAC», «Binghatti», and «Aldar»… «UAE» is the Guest of Honor at the 15th edition of the «Nile Property Expo» in Riyadh.

As a step towards boosting investment exchange and reinforcing the bonds between Arab brothers, «Kalila Company for Exhibitions and Conferences» announced the participation of the «United Arab Emirates» as the Guest of Honor at the 15th edition of the «Nile Property Expo», which is set to take place in «Riyadh, Saudi Arabia», from May 1 to 3, under the patronage of Dr. Mostafa Madbouly, Prime Minister of Egypt, Invest-Gate reports.

Akam Al Rajhi Developments Launches New Branch in Saudi Arabia to Explore Investment Opportunities

Akam Al Rajhi Developments, an Egyptian-Saudi company, celebrated the opening of its new branch in Riyadh, Invest-Gate reports.

Winvestor Development Completes 50% of Construction on “I Sheraton” Project in Heliopolis

Winvestor Development has completed 50% of the concrete work for the “I Sheraton” project, the first smart compound in the Sheraton area of Heliopolis, according to the specified schedule, Invest-Gate reports.

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