News / Middle East

Real Estate prices in Saudi Arabia Rise 1.6% YoY in Q4

The increase in property prices in the kingdom is attributed to a rise in residential property prices.

Dubai’s Real Estate Transactions Record AED 500 Bn in 2022

A total of 350 real estate projects are currently underway in Dubai.

OIG Opens Headquarters for Digital Subsidiary in Cairo

OIG aims to become the business partner of choice in digital transformation in manufacturing, education, human capital management (HCM), and enterprises.

Ellington Properties, DMCC to Launch AED 1.2 Bn Residential Project

It will also comprise a skate park, a pet play area, and a 37 m horizon pool.

The Arab Contractors Wins Contract in Nigeria

The Oyo Ibada project stretches over 43 km with a width of 12.45 m for each side of the road.

Elsewedy Electric’s Unit to Build $1.2 Bn Solar Power Plant for Saudi Company

The agreement includes design, procurement, and installment works for the project.

Dubai’s Luxury Property Market Closes AED 14.3 Bn Deals in 2022

Luxury communities in Dubai, including Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, surge 44% YoY in 2022.

Emirati Strategic Marketing & Exhibitions to Hold 19th Edition of IPS in February

The exhibition, being held under the auspices of the Dubai Land Department, will take place from February 12th to 14th.

Egypt’s HCCD In Talks with GCC Entities to Sell Assets

Talks include injecting investments for the acquisition of land owned by the company in a group of areas in Egypt, sources add.

Abu Dhabi Ports Negotiates Developing Suez Port

AD Ports develops and manages Ain Sokhna port with investments of up to $1.2 bn.

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