News / Middle East

Musharaka REIT Buys Dubai’s DMCC Plot for USD 12.6 mn

Saudi-based Musharaka REIT has purchased a 5,400-square-meter land plot in Jumeirah Lakes Towers from Dubai Multi Commodities Center (DMCC), at a total cost of USD 12.6 mn.

Cityscape Egypt Is Back This November

Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.

ADTIC Announces Renovation of its Egyptian Hotels

Abu Dhabi Tourism Investment Company (ADTIC), a subsidiary of the Abu Dhabi Fund for Development (ADFD), has uncovered a major refurbishment project for its hotels in Egypt, aiming for completion in H2 2021.

Cityscape Presents New Look for Dubai 2020 Show Amid Corona

Informa Markets, the organizer of the multi-market Cityscape portfolio of property events, has announced the reinvention of its Dubai event in 2020, aiming to rebuild growth in MENA real estate, amidst the continuing Coronavirus crisis.

Expo One to Launch 1st Virtual Property Show in Africa, MENA

Egypt's Expo One, in collaboration with Grand Technology, will kick off the "VEstate Expo 2020," bringing four quarterly live real estate exhibitions to present the first-of-its-kind virtual gateway in Africa and the Middle East.

Invest-Gate Takes Real Estate Digital Via DigitalWeek

As part of our keenness to enhance and revolutionize the real estate industry, Invest-Gate is to launch its #DigitalWeek from July 19-22, presenting new innovative means through technology and smart solutions to take the property sector to its rightful course.

Egypt Leads MENA in Property Investment in 2019: Dhaman

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) has uncovered that three MENA counties managed to solely move the needle on property investment in 2019, led by Egypt by a significant margin at USD 7.1 bn (EGP 113.7 bn).

Savills to Property Manage Bahrain’s Enma Mall

UK-based property advisor Savills has been appointed by one of Bahrain's leading shopping destinations, Enma Mall, as its exclusive property management and leasing services manager.

Ascott Secures 25 New Properties Globally Despite Pandemic

CapitaLand’s wholly-owned lodging subsidiary The Ascott Limited has secured contracts for 25 new properties that contribute over 5,400 units across 19 cities around the world, amid the COVID-19 headwinds.

Elsewedy Electric Among Forbes’ 100 Top Mideast Companies in 2020

Egypt-based Elsewedy Electric has been recognized among the top 100 companies in the Middle East by Forbes, due to its sector-based contribution to significantly boost local economic growth.

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