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Real Estate
Dubai real estate transactions reach $490mln
Dubai real estate market has reached 526 sales transactions worth $315 million, 89 mortgage deals worth $170…
European real estate stocks ricochet after recent turmoil
European real estate stocks have performed well this Thursday, after experiencing a troubling month that impacted…
Foreigners to own property in Saudi Arabia
Saudi Arabia is planning to pass a new law that allows non-Saudi residents to own property in the Kingdom, Real…
SODIC pulls offer to buy Orascom Real Estate
Egyptian real estate developer SODIC said on Sunday it had withdrawn its non-binding offer to buy the entire share…
New mansion tax to impact Los Angeles real estate deals
Los Angeles will be applying a new mansion tax on commercial and residential real estate transactions that exceed…
Concerns about US commercial real estate risks on rise
The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase,…
Real-estate rental deals up by 81% in Saudi Arabia
Residential and commercial rent deals in Saudi Arabia have doubled during the past year, going up to $20.2 billion,…
Taylor Swift’s real-estate empire reaches $150mln
Singer-songwriter, Taylor Swift’s real-estate, which she has been growing since she was 19 years old, has been…
Orascom Development records 45.2% profit increase in 2022
Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
Tycoon Tower in NAC sells 50% of its units for EGP 2bln
Nile Developments announced on Monday that its Tycoon tower sold 50 percent of its first phase for EGP 2 billion.