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Economy Middle East Summit
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Real Estate
Bahrain
Bahrain’s economic growth spurs positive momentum in real estate sector
Transactions increased by 17% YoY in Q1
Real Estate
Riyadh neighborhoods get a Royal renaming
New name, new development
Real Estate
Deyaar’s Q1 2023 profits soar to AED56.4 mn
A 125% increase
Qatar
Qatar’s Ashghal initiates 22 new projects worth QR4.1bn
6 projects awarded worth QR1.1 bn
Real Estate
New entrants and consolidation drive Dubai office space Q1 demand
Dubai office rental values rise amid limited availability, upcoming supply
Real Estate
Abu Dhabi records $7.59 billion in real estate transactions in Q1 2023
A 147 percent increase
Oman
Oman’s real estate market booms: Transactions worth OMR730.1 mn
Mortgage contracts surged by 52.3% to OMR433.3 mn
Real Estate
Dubai’s residential market sees 11.4% annual growth: ValuStrat
55,863 new build units ecpected to enter market
Interviews
Thakher Makkah: Developing Holy Makkah’s newest urban landscape
Project answers prayers for modern, connected and sustainable living
Op-eds
Keturah Reserve: Luxury meets nature in the heart of Meydan, Dubai
Keturah Reserve offers transformational living through the design of space
Kuwait
Kuwait the latest GCC country to provide humanitarian aid to Ukraine
Kuwait pledged $1 mn for the purchase and installation of electric generators
Op-eds
Biophilic designs enabling wellbeing in built environment
biophilic designs can improve workplace productivity and creativity
Real Estate
Dubai’s super-prime residential market sees $14 bn transactions in Q1
Super prime property prices are increasing by 27.49% QoQ
Kuwait
Kuwait seeks new architectural heights with $1.2 bn tower
A new landmark in the sky
Real Estate
Knight Frank: Rising interest rates curbing property demand in Saudi
Demand for smaller and medium-sized properties is increasing
Real Estate
Property sales in Dubai reached AED34.2 bn
45% YoY increase compared to March 2022
MENA
ALEC targets further regional construction growth in 2023
Technology remains priority for success
Op-eds
Dubai’s luxury real estate market is poised for growth.
The luxury real estate market in the UAE is flourishing
Op-eds
Dubai Residential Market Overview
Market saw significant increases in average rent and sales
Op-eds
D33: Unique economic transformation agenda reimagines Dubai’s future
Dubai has a long history of embracing change and fresh thinking
Kuwait
Kuwait’s Mutlaa: Mega residential project worth $103 mn
Project expected to house up to 400,000 people
Real Estate
$20 bn plan to transform Jeddah desalination plant into a museum
Project expected to create 25,000 jobs in the city
MENA
Updates to GCC real estate laws to spur market efficiency
Legal support to drive regional improvements
Op-eds
The Triple Helix approach for Sustainable Construction in the Middle East
Academia can help create a dynamic and thriving innovation ecosystem
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