Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.

Egypt's Cabinet has approved some far-reaching legislative amendments to the Capital Markets Act, which governs real estate funds, in a bid to facilitate and reduce burdens halting property investment.

Dubai-based wasl properties has kicked off a new app, called "wasl properties Leasing," enabling clients to find, book, and lease new real estate units online from its extensive portfolio of properties

Bahrain suspended three of its big annual events, namely the Gulf Property Show, Gulf Construction, and Interiors Expo, which were scheduled to be held in April

Kuwait's real estate sector witnessed solid growth in 2019, with the value of the transactions recording KWD 3.7 bn (USD 12.04 bn), the second-highest in the last four years, based on a report by Kuwait Finance House (KFH)

Abu Dhabi-based developer Imkan announced the completion of the concrete substructure for its seven Pixel Towers on Reem Island, with three towers launched to date

Prime Minister Mostafa Madbouly has signed off on granting the Egyptian citizenship to foreigners who either buy assets or invest at least USD 250,000 (EGP 4.03 mn) in the country.

Abu Dhabi-based Imkan has joined forces with Nael and Bin Harmal Hydroexport Establishment (NBHH) to begin construction work for the first phase of AlJurf on Sahel Al Emarat in Abu Dhabi, UAE.

The Lounge, Burj Khalifa has officially been verified by Guinness World Records (GWR) as the world's "Highest Lounge in a Building."