News / Middle East

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.

Saudi National Housing Company CEO: Housing Supply to Reach 300,000 Units

Mohammed bin Saleh Al-Buty, CEO of Saudi Arabia’s National Housing Company (NHC), announced that the company’s real estate portfolio is expected to exceed SAR225 bn by the end of 2025, Invest-Gate reports.

Horizon Egypt Developments Partners with Social Association of Appeal Court Advisors to Develop Al Adalah Village Land on the North Coast

Horizon Egypt Developments, a renowned leader in real estate development, has entered into a partnership agreement with the Social Association of Appeal Court Advisors to develop the Al Adalah Village, a 125-feddan land located at kilometer 183 on the North Coast, known for its prime location, Invest-Gate reports.

Saudi Arabia Implements Over 18 Real Estate Regulations, Boosts Sector Growth

Taysir bin Mohammed Al-Mufrej, the official spokesperson for Saudi Arabia's General Authority for Real Estate, announced that the Kingdom has implemented more than 18 real estate regulations to date, Invest-Gate reports.

Dubai’s Property Market Soars: CBRE Report Highlights 20.7% Annual Growth

The global real estate firm CBRE revealed a flourishing residential property market in the UAE, with Dubai experiencing continued robust performance in the first quarter of 2024, Invest-Gate reports.

Mazaya Developments Showcases “NORM SPACES” Project at Hazi Misr Exhibition in Riyadh

Mazaya Developments has announced its participation in its fourth project in the New Administrative Capital (NAC), called "NORM SPACES," during the Hazi Misr exhibition in Riyadh, Invest-Gate reports.

Infath to Hold 29 Auctions for 286 Properties and Vehicles Across Saudi Arabia

For the convenience of all interested parties, the Center for Liquidation and Clearance (Infath) is organizing 29 public auctions. These auctions, offering 286 residential and commercial properties and a collection of vehicles, will be held in-person and online across seven regions in Saudi Arabia from May 15-20, 2024, Invest-Gate reports.

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