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Real Estate

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29 September 01:09 PM ONE Development enters Egyptian market to expand regional expansion
Cairo - Mubasher: UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s …
Global Economy
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20 May 08:11 AM TMG Holding boosts regional expansion via development deal with Oman
Cairo – Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) signed a deal with the Omani Ministry of Housing and Urban Planning to develop two projects in Oman, according to a press release. Hisham Talaat Moustafa, Chairman of Talaat …
Real estate
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23 April 05:52 PM Global group Hilton pens 2 development deals in Egypt
Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …
Global Economy
UAE Ministry of Finance
10 April 11:53 PM UAE Cabinet issues decision on non-residence’s nexus linked to corporate tax law
UAE – Mubasher: The UAE Ministry of Finance has announced a new decision that specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real Estate Investment Trust (REIT) is considered to have a nexus …
Real estate
Ras El-Hekma
1 April 04:09 PM Modon collaborates with Elsewedy Industrial Development for Egypt’s Ras El-Hekma
Abu Dhabi – Mubasher: The UAE’s Modon Holding has teamed up with Elsewedy Industrial Development to build and operate a new industrial zone for the Ras El-Hekma city megaproject in Egypt, according to a press release. The two companies signed a …
Real estate
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9 March 08:49 AM Palm Hills unveils EGP 3.2bn consolidated profits in 2024, regional expansion plans
Cairo – Mubasher: Palm Hills Developments Company registered 106% higher consolidated net profits after tax and minority interest at EGP 3.25 billion in 2024, compared to EGP 1.58 billion. Earnings per share (EPS) increased to EGP 1.12 last year …
Financial Results
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4 March 04:21 PM DAMAC Properties joins ADIB to facilitate home ownership for UAE residents
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has teamed up with DAMAC Properties to introduce a home financing solution enabling UAE residents to secure financing for off-plan properties once construction reaches 35% completion. This makes …
Banking and Finance
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29 January 04:44 PM REGA unveils partnerships at RFF2025 to boost real estate sector’s efficiency
Riyadh – Mubasher: The Real Estate General Authority (REGA) has partnered with the public as well as private sectors to develop the real estate sector in a way that boosts efficiency and transparency. REGA seeks to provide the best model for the …
Event
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28 January 05:33 PM NHC mulls offering subsidiaries for public subscription – CEO at RFF2025
Riyadh – Mubasher: The National Housing Company (NHC) is studying the possibility of offering some of its subsidiaries, including NHC Innovation, for public subscription, the group’s CEO, Mohammed Al Batty, unveiled. The proposed offerings, which …
Companies Investments
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28 January 05:12 PM NHC secures SAR 30bn agreement at Real Estate Future Forum 2025
Riyadh – Mubasher: The National Housing Company (NHC) has signed a series of agreements and memoranda of understanding (MoUs) at a combined value of SAR 30 billion, the Saudi Press Agency (SPA) reported. The joint deals were penned with government …
Event
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28 January 04:55 PM PIF-owned ROSHN Group acts as strategic partner of Real Estate Future Forum 2025
Riyadh – Mubasher: ROSHN Group, a multi-asset class property developer and a wholly-owned company by the Saudi Public Investment Fund (PIF), is acting as the strategic partner of the Real Estate Future Forum in its fourth edition, according to a …
Event
Majid Al Hogail, Saudi Minister of Municipalities and Housing
28 January 04:31 PM Al Hogail outlines plans for 20k housing units at RFF2025
Riyadh – Mubasher: Majid Al Hogail, Saudi Minister of Municipalities and Housing, unveiled plans to deliver 20,000 housing units in 2025 at prices less than SAR 450,000. Al Hogail also stated that the government will team up with the private …
Global Economy
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28 January 03:04 PM Two events kick off in Saudi Arabia, bring together world’s pioneering minds for 3 days
Riyadh – Mubasher: Saudi Arabia has witnessed the launch of two events on 27 January 2025 where attendees and speakers from across the globe discuss the future of real estate and franchising. The Real Estate Future Forum is taking place at the …
Event
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21 January 04:18 PM Aldar initiates region’s 1st sustainability incentive programme
Abu Dhabi – Mubasher: Aldar Properties has launched a sustainability incentive programme to be the first of its kind in the region aimed at rewarding suppliers with green bonuses that include financial and non-financial benefits, according to a …
Real estate
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21 January 02:19 PM MENA real estate activity likely to witness increase in 2025 – Savills
Mubasher: Real estate investment activity is expected to improve significantly in 2025, with a strong recovery in capital values also anticipated, according to a recent Savills report. Researchers expect that the MENA region, including key markets …
Real estate
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9 January 03:22 PM Aldar issues $1bn hybrid notes; regional, international investors partake in issuance
Abu Dhabi – Mubasher: Aldar Properties has priced its inaugural $1 billion hybrid capital issuance, attracting robust demand from a wide range of regional and international investors, according to a press release. The issuance by Aldar at a public …
Real estate
Photo Archive
2 January 02:16 PM India, Pakistan, Egypt top non-Emirati businesses joining Dubai Chamber of Commerce until 9M-24
UAE – Mubasher: Indian businesses and entrepreneurs acquired the majority of nationalities, non-Emirati companies list, joining the Dubai Chamber of Commerce during the first nine months (9M) of 2024 with 12,142 new firms. Pakistan ranked second …
Global Economy
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16 December 2024 04:42 PM Dar Global, Trump Organization launch SAR 2bn tower in Jeddah
Riyadh – Mubasher: London-listed real estate developer Dar Global has launched Trump Tower Jeddah with investments valued at SAR 2 billion, according to a press release. Designed to meet the need for more vibrant developments, the 47-floor tower …
Real estate
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12 December 2024 05:33 PM Hilton to triple development portfolio in Egypt
Mubasher: Hilton plans to inaugurate 25 hotels across Egypt, tripling its presence in the Arab Republic, according to a press release. The growth plans include the signing of more than ten new properties under the global hospitality company’s …
Global Economy
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9 December 2024 05:40 PM Hilton, Knowledge Economic City to boost hospitality offerings in MEA
Riyadh – Mubasher: Knowledge Economic City and Hilton signed a joint agreement with Al Gharaa International for Real Estate Development to open three hotels in Madinah, according to a press release. The project marks the debut of Hilton’s Home2 …
Global Economy
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20 November 2024 03:12 PM PIF’s Diriyah plans to become vibrant global hub via SAR 13.6bn projects
Riyadh – Mubasher: Diriyah Company, owned by the Saudi Public Investment Fund (PIF), plans to develop two high-profile multi-billion dollar educational and arts districts. The two schemes will be implemented on the outskirts of Riyadh within the …
Companies Investments
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3 October 2024 02:14 PM Kingdom Holding announces world's tallest tower in Saudi Arabia
Riyadh – Mubasher: Jeddah Economic Company, a subsidiary of Kingdom Holding Company, signed an agreement with Saudi Binladin Group Company, on 2 October, to resume the construction of the Jeddah Economic Company Tower project. The project’s value …
Real estate
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20 August 2024 02:12 PM Meteora acquires property crowdfunding platform Maisour; regional expansion plans unveiled
UAE – Mubasher: Dubai-based Meteora Developers has acquired the DIFC-based property crowdfunding platform Maisour in a multimillion-dollar deal, according to a press release. The transaction aims to reshape the UAE's real estate investment …
Real estate