The surge in oil prices fueled the start of the week's high for the Saudi stock market, while the UAE indices fluctuated throughout the week.

The General Authority for Statistics (GASTAT) released today through its official website a report on Real Estate Price Index in the Kingdom of Saudi Arabia for the fourth quarter (Q4) of 2021. According to the GASTAT, the real estate price index (RPI) increased by 0.9 percent in the fourth quarter...

During the course of last year, Dubai real estate saw a momentous growth, resulting in deals worth close to $41.1 billion, the highest value since 2009.

The real estate housing price rose in Kuwait last year, where investors focused on Kuwaitis' residential areas dealing in uninhabited plots of land, capitalizing on government subsidies and transforming residential units into rental houses. In 2022, the housing rates may drop by five percent if interest rates are increased on...

During the week ending January 14, the transactions numbered 1,559, according to the Dubai Land Department.

Government spending on infrastructure projects as part of the Vision 2030 program is expected to boost non-oil GDP growth.

The total value of real estate transactions recorded in the first week of the new year exceeded AED7.24 billion (around $1.97 billion), with 1,766 transactions.

Dubai's real estate market recorded 84,772 transactions representing a value of AED300 billion ($81 billion) in 2021, according to the annual transaction report issued by the Dubai Land Department (DLD). The report revealed a 65 percent growth in the number of transactions and a 71 percent increase in value compared...

The total number and value of sold real estate in Qatar have increased at a monthly rate of 2.8 percent and 28.2 percent respectively in November, compared to October 2021. The issued cash increased by 3 percent, compared to October 2021, and at an annual rate of 20.7 percent, compared...

Bader Hareb resigned with effect from December 30 for ‘personal reasons.’

The Saudi Central Bank "SAMA" has released a public consultation on rules for regulating the business of real estate refinance companies. The release comes in continuation of SAMA's efforts to develop the financial sector and to keep abreast with developments of the financing industry in general, Saudi media reports said....

The Chinese real-estate firm has $300 billion in liabilities.

With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.

Dubai’s real estate market recorded 246 sales transactions worth AED610.89 million ($166 million) and mortgage deals of AED151.82 million in addition to 10 gift transactions amounting to AED17.58 million Monday, data released by the emirate’s Land Department (DLD) showed. Local media reports said the sales covered 223 villas and apartments...

The acquisition is part of Al Qudra's diversification strategy.

A total of 13, 978 Bahraini nationals have invested in UAE public shareholding companies in 2020 and 331 licenses for various economic activities were granted to them, the UAE Ministry of Finance has said. The Ministry said on the occasion of Bahrain National Day that trade between the UAE and...

Over the last three years, ADIB has catered to the growing demand for commercial property investments in London as well as major regional cities in the UK.

International Holding Company has formally agreed to the merger.

It also formed a risk committee before upcoming payment deadlines.

The move is expected to raise the country’s ranking in relevant international indexes.

Acquisition aimed at diversifying Emirates Stallions' business.

Abu Dhabi-based AD Ports Group has inked an initial agreement with Bahrain-based real-estate firms Diyar Al Muharraq and the Eagle Hills Diyar Company to explore cruise-sector opportunities in their home country. As part of the agreement, they are expected to develop and operate new cruise infrastructure in Bahrain.

The Dubai Land Department or DLD said the emirate saw a total of 1,850 real-estate transactions over the seven-day period.

Expo 2020 Dubai, the largest global event and the first-of-its-kind in the Middle East, boosted the Dubai real estate market that registered the highest number of transactions, worth AED13.12 billion ($3.57 billion), in the past eight years. According to the data of the 20th edition of Mo’asher, Dubai’s official sales...

The economy of China is weighed down by electricity shortages and a vast real-estate crisis.

Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase of 22.7 percent compared to the same period last year. A report by the Sharjah Real Estate Registration Department said the rise in the number of transactions indicated a retreat...

Since launching its European real estate business in 2017, Investcorp has invested close to €1 billion into 80 properties across the UK, Germany, The Netherlands, Italy and Belgium.

The firm will focus on the real estate market, its CEO said.

The oil prices would average US$70 per barrel in 2021, Garbis Iradian, chief economist for MENA at IIF, tells TRENDS in an exclusive interview.

Saudi Real Estate Refinance Company of the Public Investment Fund has announced the signing of a refinancing partnership agreement with the Real Estate Development Fund (REDF) to refinance a real estate portfolio worth SAR 10 billion.

Q3 net profit rose to AED197.9 million from AED40.97 million last year.

The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million).

The UAE was among the first countries to return to normalcy after the pandemic and is currently hosting Expo 2020 Dubai, said Mohammed Al Tair.

Rise in net profit attributed to a slew of acquisitions.

The Chinese firm has restarted work on 10 projects.

The UAE prosecutors have begun an investigation into Union Properties, the Dubai-based real estate developer, after allegations arose of the company selling property at less than its real value.

Property owners list their property on Mazad Aqari and the platform does the rest in terms of evaluating the property, marketing and sales.

The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.

The Middle East’s real estate sector may benefit from the return of global population movement to pre-pandemic levels in 2024.

Real estate and property transactions worth AED 7.1 billion ($1.93 billion) were recorded in Dubai during the week ending October 7, a report by the Dubai Land Department said. A total of 1,959 transactions comprised 158 plots for AED 586.15 million and 1,307 apartments and villas for AED 3.08 billion....

Mubadala is biggest shareholder of asset manager Investcorp.

DUBAI: Dubai has recorded 1,592 real estate and properties transactions worth AED6 billion ($1.6 billion) in total during the week ending September 30, according to Dubai Land Department (DLD). The DLD weekly report said 73 plots were sold for AED350.29 million, 1,080 apartments and villas were sold for AED2.74 billion....

The real-estate sector in Abu Dhabi recorded 3,425 real-estate sales transactions worth AED9.02 billion (around $2.46 billion), and 3,621 mortgage transactions worth AED14.55 billion (around $3.96 billion), according to the Department of Municipalities and Transport.

Saudi Arabia has managed to digitize some 50 million real estate documents under the Real Estate Title Digitization Initiative. It is one of the initiatives of the Ministry of Justice in the National Transformation Program.

Under the deal, EEC transferred part of its loan to PIF in exchange for company shares.

The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the Federation of Saudi Chambers on various ways to explore investment opportunities in the real-estate sector.

Saudi Arabia and the United Arab Emirates contributed about 70 percent of the total value of the Gulf Cooperation Council's real estate deals in the first half of 2021

These are the latest numbers from the 18th edition of Mo’asher, which is Dubai’s official sales price index.

Arabian Ranches, Dubailand, Dubai South, Palm Jumeirah, MBR City, Dubai Hills Estate and DAMAC Hills 2 are likely to be prime areas for villa transactions during the fourth quarter as they are receiving a lot of enquiries from the investors and end-users

The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for AED 2.25 billion