News / Middle East

Saudi Arabia Allows Government Agencies to Rent Properties Abroad

The regulations stipulate that the lease contract shall be for a period not exceeding five years, with the possibility to renew that contract for a maximum period of 10 years.

Office Rent Soars 12% in Abu Dhabi in 2022

Office leasing rates in three out of the submarkets in Abu Dhabi rise from 3.5% to 12% in 2022.

1st Earthna Summit to Start in Doha March 8th

Titled, ‘Building New Sustainability Pathways for Hot and Arid Environments’, the event will convene over 500 participants for plenary speeches, panel discussions, roundtables, and workshops.

Saudi Arabia’s NHC Launches 35 Mn Sqm Residential Project in Riyadh

The new suburb, Al Fursan, features 50,000 residential units and more than 190 facilities. It is surrounded by 6 mn sqm of green space.

The Icon Show Concludes Activities in Dammam

The Ministry of Housing organizes an integrated set of activities to exchange knowledge within an interactive environment that contributes to introducing participants to market trends, investment strategies, and the latest developments in the real estate sector in Egypt as a platform for government sector institutions and private companies operating in the field and wishing to highlight their services and achievements in the field of designing and managing distinct and sustainable real estate projects.

Saudi Arabia Unveils Giant Cube-Shaped Skyscraper in Riyadh

Described as the "new face of Riyadh", it will be built around the Mukaab structure, which will be "one of the largest built structures in the world".

The Icon Show Exhibition Kicks Off in Dammam

The event sees the participation of 6 major Egyptian real estate development companies, presenting projects ready for delivery and projects under construction, in addition to the participation of the banking sector to provide various payment systems for Egyptians and foreigners. During the exhibition, the Ministry of Housing displays investment opportunities in the areas affiliated with the New Urban Communities Authority, in addition to seminars and an international press conference to present investment opportunities in the Egyptian real estate sector.

Emaar Properties Considers New Investments in Egypt

Al Abbar notes that the company believes in the Egyptian economy, adding that now is the ideal time to invest in the country.

Saudi Egyptian Developers Pens EGP 382 Mn Contract with Kuwait’s Al-Kharafi Group

Situated on 70 feddans, the Bleu Vert is located at the New Administrative Capital. The project comprises 208 villas of different styles and 34 buildings that include apartments of different sizes.

Atkins Inaugurates Office in Saudi Arabia’s Al Ula City

The new office is located in the Alruzayqiyah area. It features several top-class facilities and can house more than 100 employees.

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