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Saudi Real Estate Authority Issues New Licenses for Off-Plan Projects

The Saudi Real Estate Authority has issued new licenses for marketing and selling off-plan residential and commercial projects by local, regional, and international developers, Invest-Gate reports.

Dubai Real Estate Sales Reach Highest Level in 5 Months

According to monitoring based on data from the Dubai Land Department, Dubai's real estate sector has witnessed record-breaking sales in the first five months of 2024, growing by 25.4% to reach AED 186.87 bn, compared to AED 148.96 bn during the same period in 2023, Invest-Gate reports.

Egypt Secures 30% of Saudi Investment Licenses in Q1 2024

Egypt has secured a notable 30% of the total investment licenses issued by the Saudi Ministry of Investment in the first quarter of 2024, Invest-Gate reports.

TLD- The Land Developers, Prime Properties Forge Strategic Partnership to Enable Foreigners to Acquire Egyptian Citizenship, Real Estate Ownership in TLD’s Flagship Projects

TLD-The Land Developers, a leading company in real estate development, has announced the signing of a strategic partnership with Prime Properties, a prominent company specializing in real estate investment consulting, including citizenship by investment programs, Invest-Gate reports.

Egyptian-Nigerian Partnership Formed for Electricity Production, Transmission, and Distribution in Imo State, Nigeria

Madkour Group, specializing in energy, contracting, and industrial solutions, has signed a memorandum of understanding (MoU) with the Nigerian government of Imo State to develop the entire electricity network in the state, Invest-Gate reports.

Real Estate Registration Concludes in 7 Regions in Riyadh, Makkah on August 29th

The Real Estate General Authority (REGA) in Saudi Arabia has announced the commencement of real estate registrations in seven areas, comprising 18 neighborhoods in Riyadh and Makkah, Invest-Gate reports.

Dr. Ahmed Shalaby Appointed as Board Member of United Nations Global Compact Network Egypt

The United Nations Global Compact Network Egypt has appointed Dr. Ahmed Shalaby, Co-Founder, President, and CEO of Tatweer Misr, as an elected board member for a three-year term, Invest-Gate reports.

Total Housing Support in Saudi Arabia Reaches SAR 59.5 Bn over 7 Years

The Real Estate Development Fund (REDF) in Saudi Arabia has deposited today SAR 978 mn into the accounts of beneficiaries enrolled in the "Sakani" program, which is overseen by the Ministry of Municipal, Rural Affairs and Housing and the Real Estate Fund, Invest-Gate reports.

Birdnest Secures Pre-Series A Funding Led by Beltone Venture Capital to Drive Growth, Expand Market Presence

Birdnest, a pioneering proptech startup that is revolutionizing the real estate investment landscape, has announced the successful closing of a significant pre-Series A funding round, Invest-Gate reports.

World’s Wealthy Poised to Invest $4.4 Bn in Dubai’s Residential Real Estate

According to a survey conducted by Knight Frank, the world's wealthy are preparing to spend $4.4 bn (AED 16.161 bn) on purchasing residential real estate in Dubai this year, Invest-Gate reports.

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