News / Middle East

International Artists Showcase Masterpieces at Art Space Exhibition in North Square Mall in New Alamein Under the Auspices of Counsel Masters

Art Space and Ostraca Arts, under the guidance of Counsel Masters, are hosting the "Art Space" Contemporary Arts Exhibition starting on August 24 for a 15-day duration at the "North Square Mall" in New Alamein City, Invest-Gate reports.

MARAKEZ Introduces Adrère Amellal Eco-Lodge to Egypt’s North Coast

MARAKEZ, Egypt’s premier and award-winning mixed-use real estate developer, has announced a partnership with the esteemed Adrère Amellal Eco-Lodge for its flagship project on Egypt’s North Coast, Ramla, set to debut in Summer 2027, Invest-Gate reports.

UAE Real Estate Companies Demonstrate Robust Profit Growth in 2024

The real estate sector in the UAE has continued to flourish in Q2 2024, with real estate development companies in Dubai and Abu Dhabi growing by 29%, recording 5.7 billion dirhams ($1.5 billion).

Housing, Local Development Ministers Meet with UN-Habitat Regional Director to Monitor Preparations for Egypt to Host WUF12

Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities; Manal Awad, Minister of Local Development; and Rania Hedeya, the Regional Director of the United Nations Human Settlements Programme (UN-Habitat), convened an extensive meeting to oversee the arrangements for Egypt's hosting of the 12th session of the World Urban Forum (WUF12) this coming November in collaboration with UN-Habitat, Invest-Gate reports.

FDI in Abu Dhabi’s Real Estate Sector Reaches Record High

The Abu Dhabi Real Estate Centre (ADREC) has announced that foreign direct investments (FDI) in the emirate’s real estate market recorded an exceptional growth of 225% during the first half of 2024 compared to the same period in 2023.

REGA Issues Over 250,000 New Property Ownership Deeds During May 2023

Saudi Arabia's Real Estate General Authority (REGA) has announced the registration and issuance of more than 250,000 new property ownership deeds on the real estate registry platform since the beginning of the in-kind real estate registration work in May 2023.

Dubai Residential Rentals Experience Significant Growth in H1 2024

During the first half of the year 2024, the performance of Dubai's residential rental market witnessed variation, particularly in the residential apartments and villas price index, compared to the same period in 2023.

Orascom Development Egypt Reports Strong Financial Results for Q2 2024

Orascom Development Egypt (ODE) has reported exceptional operational and financial performance, with a significant surge in net profit for Q2 2024, up by an impressive 210% to EGP 1.9 bn, resulting in a H1 2024 net profit of EGP 943 mn, Invest-Gate reports.

Mito Consult Selected as Electromechanical Consultant for Giza Zoo Development Project

Tamer Mito, Chairman of the engineering consulting office Mito Consult, has affirmed the office's intentions to expand into foreign markets in the near future, leveraging its robust expertise and highly skilled workforce, alongside the burgeoning investment prospects in several countries within the region, Invest-Gate reports.

Dubai Real Estate Companies Report H1 2024 Profits of AED 7.01 Bn, Showing 19% Growth

The net profits of four real estate companies listed on the Dubai Financial Market surged by 19% during H1 2024, propelled by robust sales growth amidst the strengthening real estate and tourism sectors, alongside the accelerating pace of economic recovery in Dubai, Invest-Gate reports.

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