News / Middle East

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.

Expo 2020 Pavilions Premiere Launched

Expo 2020 Pavilions Premiere is launched and will offer visitors an opportunity to be among the first to experience Terra – The Sustainability Pavilion... The Expo continues until April 10, 2021

Saudi Arabia Releases 3,181 New Contracts for Residential Plots

Saudi Arabia has issued a total of 3,181 new contracts for residential plots in December 2020 under its Sakani Housing project

Real Estate Transactions in 2020 Hits USD 2.42bn

The annual real estate report issued by the Department of Land and Real Estate Regulation in Ajman has revealed the performance of the emirate’s real estate transactions in 2020 which worth USD 2.42bn

Dubai Property Sales Boost to USD 5.99bn in Q4 2020

A record of 2,485 secondary and ready property transactions worth USD1.67 bn have taken place in December 2020, increasing the total value of the fourth quarter sales in Dubai to USD5.99 bn

Real Estate Trade Volume in Jordan Dropped by 26% in 2020

The real estate trade volume in the Jordan dropped by 26 % in 2020 compared to 2019 to reach JD3.418 bn, the Department of Land and Survey announced on January 5

Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020

The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.

Dubai’s Resale Home Deals Hit 7-Yr High: Property Finder

The latest data by Property Finder Group shows Dubai's resale home deals have hit the highest record in almost seven years, with 2,179 transactions sealed in just one month.

Seef Properties’ Al Liwan Project in Bahrain Nears Completion

Bahrain’s Seef Properties CEO Ahmed Youssef has revealed that construction on its mixed-use project, "Al Liwan" is nearing completion for the official opening in Q1 2021.

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