News / Middle East

Kuwait Real Estate Deals Jump to KWD 84 Mn within a Week

The total value of real estate contracts registered with the Kuwaiti Ministry of Justice during the period from 3 to 7 December 2023 amounted to about KWD 83.95 mn, Invest-Gate reports.

Real Estate Titans: Top Billionaires Dominate Industry Wealth in 2023

As of December 12, 2023, the real estate sector boasts an elite league of billionaires, with Lee Shau Kee reigning supreme at a staggering $27.0 bn net worth, securing his spot as the wealthiest in the industry, Invest-Gate reports.

Dubai Real Estate Market Witnesses Sale of AED60 Mn Property in Water Canal Area

Dubai's real estate market witnessed a significant transaction, Invest-Gate reports.

Registered Rental Contracts in Saudi Arabia Exceed 2.8 Mn in 2023

The Real Estate General Authority (REGA) in Saudi Arabia announced on Sunday that the country's rental service, Ejar, has achieved a significant milestone by recording over 8 mn lease contracts since its launch, Invest-Gate reports.

Dubai Real Estate Exceeds AED10.9 Bn in Weekly Transactions

Real estate transactions in Dubai's Land Department reached over AED10.9 bn this week, with the department witnessing 2,470 transactions totalling AED7.04 bn, Invest-Gate reports.

Schneider Electric, LMD Sign MOU to Deliver Smart City Management Solutions for LMD’s Projects in Egypt, UAE

Schneider Electric, a global leader in energy management and automation, and LMD, a prominent real estate company, have signed a Memorandum of Understanding (MOU) to implement sustainable solutions for smart city management in Egypt and UAE, Invest-Gate reports.

Binghatti Developers, Mercedes-Benz Team Up to Launch Luxury Mercedes-Benz Places in Dubai

Binghatti Developers, a prominent real estate development company in Dubai, has partnered with Mercedes-Benz, the renowned German luxury car brand, to unveil their first joint real estate project called "Mercedes-Benz Places/Binghatti", Invest-Gate reports.

El-Gazzar Highlights Egypt’s Urban Renaissance, Works Toward Closer Collaboration with Oman

During a visit to Oman, Egypt's Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, highlighted Egypt's progress in city development over nine years under the role of President Abdel Fattah el-Sisi, Invest-Gate reports.

Partment Expands into Greece, Offering a Range of Real Estate Investment Opportunities

Partment, a real estate technology startup specializing in shared home ownership, has announced its expansion into the Greek market, Invest-Gate reports.

Minister of Environment, Schneider Electric Hold Talks to Explore Enhancing Sustainability in Egypt at COP28

Amid the ongoing United Nations Climate Change Conference (COP28) in Dubai, Egypt's Minister of Environment, Yasmine Fouad, engaged in discussions with senior officials from Schneider Electric, Invest-Gate reports.

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