Korea led consortium inks $20 billion Saudi housing deal
A consortium including Korean group Hanwha Engineering & Construction has inked a $20 billion deal to build 100,000 homes in...
Real Estate
Property developers report record activity in Egypt
Local property developers are reporting unprecedented activity as a result of residential projects and regeneration developments, many of which are...
Barwa plans multi-billion USD new projects in Qatar
Qatar-based Barwa Real Estate Company plans to develop several new projects this year including a 350-unit residential project and a...
$5 billion real estate investment in Egypt by Capital Group Properties (CGP)
Capital Group Properties (CGP) Real Estate Development launched its first project in the Egyptian market with a total investment amounting...
Majid Al Futtaim to build $500 million shopping mall in Cairo
Dubai-based retail group Majid Al-Futtaim (MAF) announced it will invest LE4 billion (around $500 million) in building a new shopping...
Kuwait well positioned to weather lower oil prices
The need for economic diversification was underscored this past year as the Kuwaiti economy came under pressure from lower oil...
Growth in Qatar’s real estate market remains robust
Falling energy prices weighed on Qatar’s economic performance in 2015, with lower demand across key export markets and tougher competition...
Two-tiered real estate demand in Egypt
With economic growth steadily picking up, real estate developers in Egypt are looking to opportunities at opposite ends of the...
Dubai’s property market sees price adjustments in some segments
A growing oversupply in some segments of Dubai’s residential real estate sector is encouraging developers to reposition their offering towards...
Abu Dhabi real estate bucks regional trend
The residential property market in Abu Dhabi is defying the broader trend of declining prices in the UAE, as steady...
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