News / Middle East

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.

Foreign Demand for Turkish Real Estate Drops by 46% in H1 of 2024

Foreign purchases of Turkish real estate have plummeted by 46% in the first half of this year, totaling 10,500 properties, Invest-Gate reports.

Alabbar Delighted to Extend Operations in Marassi on Egypt’s North Coast

Emirati businessman Mohamed Alabbar, Chairman of Emaar Properties, has expressed his delight at the positive reception and warm welcome to the proposal of extending operations in Marassi on the North Coast of Egypt by an additional two months, Invest-Gate reports.

Dubai Reports 17,000 Sales Transactions Totaling AED 55.5 Bn

Dubai’s real estate market has achieved a historic feat in July, boasting 17,000 sales transactions totaling AED 55.5 bn, Invest-Gate reports.

Empire State Developments Plans EGP 17 Bn Investment Over the Next Few Years

Mostafa Mohsen, Chairman of Empire State Developments, disclosed that the company is currently evaluating numerous investment ventures in both East and West Cairo, Invest-Gate reports.

Real Estate Prices in Saudi Arabia Increase by 1.7% in Q2

The real estate price index in Saudi Arabia rose by 1.7% in the second quarter of 2024 compared to the same period in 2023, driven by a 2.8% increase in residential property prices and a 1.5% rise in agricultural property prices, Invest-Gate reports.

Half a Million Properties Traded on Saudi Real Estate Exchange

The Ministry of Justice revealed that approximately 500,000 properties have been traded through the Saudi Real Estate Exchange since its official launch in late August 2023, Invest-Gate reports.  

Dubai’s Real Estate Boom Driven by Safety, Security

Dubai has cemented its status as a global real estate hub, characterized by high investment returns and a secure environment, Invest-Gate reports.

Arab Developers Holding Commences Delivery of 294 Units in “Sia Villaggio” Project in New Alamein City, Completing Diverse Services

Arab Developers Holding has announced the commencement of villa deliveries for 294 units across the first and second phases of the "Sia Villaggio" project in New Alamein City, Invest-Gate reports.

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