Real estate is second contributing sector to Saudi GDP, housing minister says
Real estate is the second largest contributing sector to the Saudi GDP and it is linked to the growth of…
Property & Real Estate
2485 articles found
Saudi Central Bank issues draft rules on real estate refinancing
The Saudi Central Bank has issued preliminary draft rules on new regulations for real estate refinancing companies. The rules…
Amaar Real Estate and McKinsey & Company sign agreement
“Amaar Real Estate Company” and “McKinsey & Company” for management consultancy have signed an agreement. As per the agreement, the…
Saudi Arabia’s Jadwa launches $66.6m fund to invest in property market
Saudi Arabian asset management and advisory company Jadwa Investment has set up a property fund worth 250 million Saudi riyals…
Kuwait's National Real Estate sells stake in Iraq unit for $15mln
Kuwait's National Real Estate Company (NREC) said it has sold its entire shares in a subsidiary in Iraq for 4.54…
UAE central bank increases oversight of banks’ real estate exposures
The Central Bank of the UAE has announced that an enhanced framework to better monitor and supervise banks’ exposures to…
Ultra-wealthy buyers enable Dubai property sector to escape six-year slump
Dubai’s property sector has been an unlikely beneficiary of COVID-19, with the ongoing pandemic sparking a long-awaited turnaround in 2021.…
Dubai World Trade Centre to become comprehensive zone and regulator for virtual assets and Crypto
As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World…
UAE central bank to increase oversight of banks' real estate exposure
The Central Bank of the United Arab Emirates said on Monday it would use new criteria to supervise banks'…
Qatari realty firms named among region’s top firms
Qatari real estate companies have been ranked among the region’s top companies by Forbes magazine. Qatari Diar, Ezdan Holding Group,…
Knight Frank launches retail property consultancy team in Saudi
Global real estate consultancy Knight Frank has launched its retail property consultancy team in Saudi Arabia, bringing on board Pedro…
Capital gains of Dubai villas 'slowing' to sustainable levels: ValuStrat
Villa prices in Dubai have reached pre-pandemic levels and are inching towards their 2014 peak, but capital gains are slowing…