News / Middle East

Infath to Hold 21 Auctions for 165 Properties Across Saudi Arabia

The Saudi Entrustment and Liquidation Center (Infath) has announced the organization of 21 public auctions scheduled to take place from the 11th to the 20th of December, Invest-Gate reports.

SODIC Receives EDGE Advanced Certification for Green Buildings

SODIC, Egypt's leading real estate development company, proudly secures the highest certification for green buildings, EDGE Advanced, from the International Finance Corporation (IFC) under the umbrella of the Commercial International Bank (CIB) Egypt’s "Green Bonds and Sector Sustainability" programs, Invest-Gate reports.

Turkey Amends Citizenship Through Property Purchase Law

Turkish President Recep Tayyip Erdogan has approved a new amendment to the law regarding foreigners acquiring Turkish citizenship through property purchases via a presidential decree, Invest-Gate reports.

Tatweer Misr Signs New Agreements with UNGCNE, Joins ABLC in COP28

Tatweer Misr has announced its active participation in the COP28 conference, demonstrating its commitment to sustainability and climate action, Invest-Gate reports.

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.

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