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Saudi’s second mortgage-backed securitization is coming with top credit ratings
The securitized sukuk bundles SAR 420 mn of mortgages from six lenders
PIF and Malaysia's MRCB explore SAR 21 bn transit development at Makkah's King Salman Gate
Plus: Chinese battery maker Gotion High-Tech and Volkswagen’s battery arm PowerCo will build a EUR 480 mn plant in Morocco’s…
A stack of residency incentives is turning Sultan Haitham City into the GCC’s most accessible foreign-buyer real estate market
Concerns over visa and asset safety are also pushing some UAE-based investors to Oman
Lebanon’s PCH eyes USD 100 mn to restart subsidized mortgages at rates below Gulf-funded lender
Public Corporation for Housing stopped taking applications in 2019
Arada signs USD 7 bn Damascus development, and a Spanish marble firm eyes Homs
PLUS: Adnoc fully resumes production at Ruwais
Gulf property markets split in 2Q as Dubai cools, Abu Dhabi surges and Kuwait bottoms out
Kuwait’s real estate sales hit their lowest in over two years
Alabbar plans USD 20 bn Syria developments in Latakia and Damascus with Syrian majority ownership
Plus: TEDA wants to grow in Egypt + Saudi Arabia, Kuwait get approvals for US military purchases
Courting foreign money: Saudi and Oman rise while Qatar and Dubai cool in Gulf property split
Oman is increasingly seen as a long-term play as the government builds the surrounding environment for an attractive foreign property…
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