Saudi Arabia stands to collect an “infrastructure dividend” worth billions as it pushes ahead with its diversification drive, powered by a localization program involving partnerships between KSA enterprises and overseas firms to ensure wealth cascades down to the wider population, say experts.

RAK Properties, one of the UAE’s leading property development and tourism infrastructure companies, introduced its newly appointed CEO Mr Samuel Dean Sidiqi for an update on progress at its innovative and luxurious leisure development on Hayat Island, this came during a press conference held Thursday evening at Dubai Four Seasons Hotel and Resort.

Property developer Emaar Properties on Tuesday rejected media report that it plans to offer 10-year visa to investors on purchase of properties in its projects.

Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, today announces the creation of Aldar Investment Properties, the region’s largest diversified real estate investment company.

Trade volume in the Kingdom’s real estate market reached JD3.5 billion as of August 2018, dropping by 13 per cent from JD4.038 billion in the same period last year.

Construction and transport project contract awards in the GCC totalled about $63 billion in 2017, a 21 percent fall from the $76.5 billion awarded in 2016, Middle East Economic Digest (MEED) has said in its latest report.

As Syrian President Bashar al-Assad attempts to turn military success into postwar reconstruction, Western sanctions are a major obstacle that could scare off foreign companies.

RAK Properties is collaborating with leading international British architectural design firm RMJM to create a unique take on outdoor entertainment on Hayat Island at Mina Al Arab, Ras Al Khaimah (RAK) that will create a destination in which to visit and live.

MAG Lifestyle Development (MAG LD), the property development arm of MAG Group Holding, is proud to reveal the successful sales numbers of MAG EYE units.

The right to possess real estate properties in the country is limited to citizens – either usufruct or absolute ownership.

Construction permits in Lebanon in the first seven months of 2018 declined by 20.1 percent compared to the same period of 2017, according to the Order of Engineers of Beirut and Tripoli.

The plunge in the value of the Turkish lira has fueled a foreign investor buying spree for Istanbul apartments, with the most interest coming from Gulf countries.

Dubai Hills Estate, one of the largest master-planned communities in the city developed by Emaar Properties as a joint venture with Meraas, is underlining its commitment to environmental sustainability by saying no to plastic bottles across its site offices.

Emaar Development PJSC, the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC, reported a net profit of AED 1.82 billion (US$ 496 million) during the first six months.

The government of Egypt intends to offer residency to investors that purchase property within the country.