News / Middle East

Dubai to Host Egypt 2030 Exhibition in February 2022

Dubai will host the first edition of “Egypt 2030” exhibition, launched by AL Etegah Al Awal, on February 18-20 in Dusit Thani Dubai Hotel, Invest-Gate reports.

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

UAE’s Chimera Acquires 25% of Sawiris’ Gemini

The UAE’s Chimera acquires 25% of Sawiris’ Gemini in a USD 100 mn transaction

Tabarak Developments Lands its A’Aly Al Riyadh in GCC

Tabarak  Developments expands in the Gulf real estate market with its first project outside Egypt, A'Aly Al Riyadh, with SAR 100 mn of investments

Starlight Developments Announces Life Sports Club its Official Sports Partner

Starlight Developments signed a partnership agreement with Life Sports Club to be the official sports partner of Starlight Developments' projects

Reportage Properties Sales hit AED 900mn End of July

Reportage Properties announces that its sales hiked 110% YoY by the end of July 2021, Invest-Gate reports.

Sky Abu Dhabi Developments launches a New Phase of Residence Eight

Sky Abu Dhabi Developments has announced the launch of a new sales phase of its “Residence Eight” project at the New Administrative Capital (NAC), following the overwhelming success of the first phase

IPM Commences One Last Time Before Expo 2020 Dubai’s Launch

Before its anticipated launch in October 2021, the sixth International Participants Meeting (IPM) with its 370 members from around the world met on May 6 to see the final stages of the Expo 2020 preparations

Elsewedy Electric & Kuwait Sign Energy Infrastructure Contract

Elsewedy Electric for Transmission & Distribution of Energy signs a new contract with the Kuwaiti Ministry of Electricity and Water, to supply and install overhead transmission lines with a value of KD 16.1 mn to connect Boubyan's main distribution substation, Invest-Gate reports.

Dubai Property Market Recovers

The Dubai property market has shown signs of recovery in the second half of 2020, despite the mobility restrictions and economic downturn caused by the coronavirus pandemic, Zawya reports.

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