News / Middle East

Saudi Arabia’s REGA to Launch Real Estate Brokerage Forum

Saudi Arabia's Real Estate General Authority (REGA) is set to launch the Real Estate Brokerage Forum and its accompanying exhibition on Wednesday, July 17, at the Riyadh International Convention and Exhibition Center, Invest-Gate reports.

Arab Bank Launches Electronic Payment Service via POS Devices

Arab Bank has launched an electronic payment service through point of sale (POS) devices in collaboration with Geidea, a leading company in financial technology and payment solutions., Invest-Gate reports.

Unprecedented Demand Recovery: Dubai’s Villa Market Witnesses Soaring Interest

Property consultancy firm ValuStrat has revealed that in June, the average price of villas in Dubai's freehold areas surpassed AED 10 mn for the first time in the emirate's real estate market history. This followed a previous threshold of AED 9.82 mn in May, Invest-Gate reports.

Dubai’s High-End Property Sales Remain Stable Despite Decline in Listings

According to a report by property consultancy Knight Frank, the number of homes valued at $10 mn or more sold in Dubai remained stable in the first half of 2024, despite a decrease in listings, Invest-Gate reports.

Paragon Developments, ADEER International Forge Strategic Alliance for 1 Million Square Meter Project in East Cairo

Paragon Developments has announced a strategic alliance with ADEER International to develop a massive mixed-use project spanning 1 million square meters in East Cairo, Invest-Gate reports.

Global Pioneer Investment and Development Inaugurates Pioneer Plaza Project in NAC

Global Pioneer Investment and Development, under the leadership of Eng. Samy Sayed, inaugurated their latest commercial project, Pioneer Plaza, in the New Administrative Capital (NAC), Invest-Gate reports.

Dubai Real Estate Market Achieves Record-Breaking Sales in Q2 2024

Dubai's real estate market has shattered records, achieving its highest quarterly sales with transactions worth AED 124.5 bn in Q2 2024, Invest-Gate reports.

Radix Development Launches “Spinner” Project in NAC

Radix Development launched its third project, "Spinner" Mall, in the New Administrative Capital (NAC) during a press conference held at the Hilton Heliopolis Hotel, Invest-Gate reports.

JLL Report Indicates Egypt’s Construction Industry Set for Robust Growth

According to JLL's latest Egypt Construction Market Intelligence Report, the construction industry in Egypt, as the largest project market in Africa and the third largest in the Middle East and North Africa (MENA), is projected to experience consistent value growth until the end of the decade, Invest-Gate reports.

Saudi Shura Council Urges Development of Tools and Incentives for Export Houses Licensing, Boosting Exports

The Saudi Shura Council has requested the Saudi Export Development Authority, in coordination with relevant authorities, to develop criteria for determining priority sub-brands within the "Made in Saudi Arabia" program, Invest-Gate reports.

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