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