News / Middle East

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.

Saudi Ministers Approve System for Off-Plan Property Sales, Leasing

The Saudi Council of Ministers has given the green light to regulations governing the pre-construction sales and leasing of real estate projects, Invest-Gate reports.

Akam AlRajhi’s D.O.S.E Project: EGP 5 Bn Sales, Expansion in Egypt & Saudi Arabia

Idris Mohamed, CEO of Akam AlRajhi Developments, reveals the company's intention to enter the Saudi market soon, Invest-Gate reports.

Ajman Real Estate Transactions Surge 61.5% in August

Real estate transactions in the UAE's Emirate of Ajman surged 61.5% in August compared to the same period last year, reaching a total value of AED 1.5 bn ($408 million), according to the Department of Land and Real Estate Regulation.

Dubai Real Estate Market Surges with AED12.7 bn in Weeklong Transactions

Real estate transactions in the Dubai Land Department during the current week amounted to more than AED12.7 bn, Invest-Gate reports.

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