News / Middle East

Real Estate Prices in Saudi Arabia Rise 0.7% in Q3

The general index of real estate prices in the Kingdom of Saudi Arabia rose by 0.7% year-on-year (YoY) in the third quarter of 2023, Invest-Gate reports.

W Capital Reveals Top 10 Land Deals of 2023 Valued at AED 8.6 Bn

Dubai-based real estate brokerage firm, W Capital, has compiled a list of Dubai's ten largest land deals since the beginning of this year, with a combined value of AED 8.6 bn, Invest-Gate reports.

Saudi Arabia Launches ARDARA Company to Develop Abha Valley To Boost Tourism

Mohammed bin Salman, the Crown Prince, Chairman of the Council of Ministers, and Chairman of the Public Investment Fund, announced the company "ARDARA" launch to develop the "Abha Valley" project in the Asir region, Invest-Gate reports.

Egyptian Businesses Hope to Boost Trade Ties at Upcoming IATF2023 Fair

Egyptian businesses are encouraged to attend the Intra-African Trade Fair (IATF) in Cairo next month to take full advantage of the growth opportunities that the African free trade area has to offer, said Afreximbank's IATF Bank Executive Vice President Kanayo Awani at the event's media on Wednesday, Invest-Gate reports.

Majid Al Futtaim Marks 25 Years in Egypt, Contributing to Retail and Economic Growth

Majid Al Futtaim, the leading shopping malls, retail and entertainment company in the Middle East, Africa and Asia, is celebrating 25 years of operations in Egypt this month, Invest-Gate reports.

Real Estate Projects Under Construction in Egypt Reach $500 Bn in H1 2023: JLL

Real estate projects under construction in Egypt reached a value of $500 bn by the end of the first six months of 2023, according to a report by global property intelligence JLL.

Dubai Property Sales Hit AED 45 bn in Third Quarter

Residential apartment sales in Dubai reached approximately AED 45 bn in the third quarter of 2023, accounting for the largest value in the emirate's real estate market, according to Dubai Lands Department data.

American Report: High Demand for Luxury Properties in Dubai

An American report has confirmed that Dubai is witnessing the construction of a growing number of real estate projects to meet the increasing demand, especially for luxury properties, Invest-Gate reports.

Dubai Real Estate Sales Soar 50% to AED 102 Bn During Summer

W Capital Real Estate has witnessed a record surge in real estate sales in Dubai during the summer of 2023, reaching the highest level in its history at AED 102 bn, Invest-Gate reports

Dubai Real Estate Market Surges with AED 8 bn in Weeklong Transactions

Real estate transactions in Dubai Land Department during the current week amounted to more than AED eight bn, Invest-Gate reports.

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