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Jeddah-based Islamic Development Bank (IsDB) has opened its first regional headquarter in Cairo, Egypt, Arab Finance reports. The bank made the announcement in an email press release seen by the media, following the 2022 Annual Meetings, which was held in Read more
Saudi Arabia’s Real Estate Development Fund (REDF) launched Sunday Tatweer program in view of support real estate developers to increase the supply of housing units to meet the market demand and contribute to achieving the target of Saudi Vision 2030, Read more
Investcorp, a Bahrain-based Middle East private equity firm, has acquired 89 industrial properties in the United States for $380 million, Zawya notes, citing the company. The new acquisitions are located in Los Angeles, California, Dallas, Texas, Phoenix, Arizona, Seattle and Read more
Saudi real estate firm Bunyan United Company has appointed BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock exchange, reports say. The initial public offering, (IPO), the Jeddah-based bank has Read more
Enwan Developments, real estate developer in Egypt, will launch the first technology mall, Pixel Technology Mall, in the Downtown area in the new administrative capital (NAC) with total investments worth around $19 million, reports say. The mall will serve the Read more
Riyadh-based Saudi real estate investment fund Riyad REIT Fund has acquired an office building located in Conshohocken (Philadelphia MSA), Pennsylvania, used by AmerisourceBergen Global one of the world’s largest global companies, Argaam reports. The acquisition, the Argaam notes, cost the Read more