AccorHotels to develop Qatar’s first Sofitel property
AccorHotels, one of the world’s leading hotel operators, has signed a management agreement with AlBaker Investments to develop a new...
Real Estate
Egypt’s housing ministry increases its urban development budget to $2.8 billion
Minister of Housing Mostafa Madbouly said that the ministry will offer 2,500 acres of land in new cities to real...
New mortgage law would double size of Egypt’s real estate market in less than a year
The shortage of affordable residential units has created a rise in the size of illegal construction that is estimated at...
$1 billion real estate company to be launched in Lebanon
A real estate company with a capital of $1 billion is expected to be launched in the first half of...
Kuwait unveils $132 billion island development plan
Kuwait has embarked on an ambitious project to develop five islands at an investment of nearly KD40 billion ($132 billion),...
Samcrete invests $165 million in Egypt’s real estate sector
Samcrete Development has invested 3.2 billion Egyptian Pounds ($165 million) in real estate sector, comprised of 2 billion pounds to...
UDC signs $197 million Pearl Qatar project contracts
United Development Company (UDC) has announced the signing of three contracts, worth a total of 716 million Qatari riyals ($197m),...
Lebanese Green Homes in the pipeline
Ten pilot low-carbon emitting homes have been developed under the National Action for Green Energy Efficiency Buildings (NAGEEB) program, a...
Dubai property market looks to potential rebound
While the first half of 2016 saw property values fall in Dubai’s real estate sector, strong fundamentals and consistent demand...
Jordan’s residential property market set to rebound
Although recently faced with lower activity, increased economic growth and new projects coming on-line could see demand rise in Jordan’s...
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