Kuwait Authority for Partnership Projects (KAPP) has invited bids from leading advisory firms for 23 state-owned property projects including the Fahaheel and Al Kout waterfront developments as well as Phase V of the Marina Mall project. The deadline for submitting the bids has been set at March 5.
Leading Indian property developer Casagrand has broken ground on its premium residential project - Hermina - on Dubai Islands, thus marking its entry into the Middle East real estate market. Set for completion in Q2 2028, the project will feature a total of 131 residential units and other amenities.
Saudi Arabia’s Real Estate General Authority has announced that the new laws allowing foreign companies as well as expats to own a wider range of local real estate assets have officially come into effect. With this, all provisions are now enforceable under the national real estate framework.
Kuwait Financial Centre (Markaz) has announced that its real estate fund closed 2025 on a successful note delivering a return of 9.7%, supported by strong operating performance across its property portfolio. At the end of the 12-month period, its assets under management hit KD81.1 million ($263.3 million).
The Abu Dhabi property market concluded 2025 on a strong footing, building on sustained year-on-year growth. The ready property segment in the UAE capital continued to gain traction, due to strong buyer activity across established and developing communities.
