PIF launches company to develop Al-Khafji as Kingdom’s mega coastal tourism hub
Gulf Coast Development Company will build 16,000 homes, 1,400 hotel rooms and a 10km waterfront as Saudi Arabia expands tourism investment...
Category : Real Estate
Saudi Arabia’s New Murabba replaces CEO as PIF rethinks giga-projects
PIF executive Sabah Barakat takes charge as the Riyadh development faces a longer timeline and tighter spending priorities under Vision 2030...
Evergrande founder jailed for life as China draws a line under its property bust
Hui Ka Yan's spectacular fall from billionaire property tycoon to prisoner marks a dramatic reckoning for the debt-fuelled business model...
Australian bank stocks slide as Westpac warns of weak housing investor appetite
As per the Westpac, investor credit demand for Australia's housing sector would fall from 9.1% in 2026 to 4.5% in 2027 and 4.4% in 2028...
Qatar’s real estate deals touch USD 464 million mark, Doha tops the chart
Doha Municipality recorded the highest value of real estate transactions at QR640.140 million, accounting for the largest market share in financial terms...
With 700 projects worth USD 138 billion, UAE emerges as Gulf’s leading real estate market
As per the Abu Dhabi Chamber of Commerce and Industry, UAE currently has a broad pipeline of projects that are either under way or ready for execution...
Saudi construction cost growth stays moderate in May, says GASTAT
The Construction Cost Index was 2.65 higher than 2025, driven by increased equipment rental, labour, and energy costs in the property sect...
With deals worth BD597.1 million, Bahrain’s property sector maintains strong momentum
As per the SLRB data, April recorded the highest number of real estate transactions for the Gulf nation in 2026, with 2,982 deals completed...
Sharjah property transactions reach USD 844 million in May, says administration
Initial sales contracts accounted for 513 transactions (7.2%), while valuation transactions totalled 210, accounting for 2.95 of the overall transactions...
Canada’s housing sector undergoing declining investment, says report
In the residential sector, investment in construction dropped to USD 15.5 billion in March, decreasing by USD 345.4 million, said Statistics Canada...