GFH Bank announced the approval of the Extraordinary General Assembly of Al Seef Real Estate Company, listed on the Bahrain Bourse, on an acquisition deal that allows it to raise its indirect ownership in the company to 50.07%, by buying an additional share of 20.67% of the capital, according to a disclosure to the Bahrain Stock Exchange.The General Assembly has agreed to be exempted from the obligation to make a mandatory acquisition offer, in accordance with the provisions of the Commercial Companies Law and the rules of the Central Bank of Bahrain. The deal includes the acquisition of Seef Equity Growth Investment, which was established by GFH Partners, a subsidiary of the Bank, at 95.088 million shares of Al Seef Properties.    The ownership of Safe Equity Growth Investment…

Al-Masaken International Real Estate Development Company, listed on the Kuwait Stock Exchange, announced the closure of the subscription in the capital increase on Sunday.Al-Masaken explained that there is no trace of the material information at the moment, provided that the results of the subscription and allocation will be disclosed later, according to the company’s statement to the Kuwait Stock Exchange, on Monday.    The company’s losses amounted to 38.64 thousand dinars during the first half of 2026, a decrease of 97.98% from its level of 1.92 million dinars in the same period of 2025It is noteworthy that the generality of the company had approved, last July, the continuity of the company according to the proposed plan, in addition to the approval of the…

The real estate sector in Qatar continues to enhance its supply of residential units, driven by the expansion of urban projects and infrastructure development, in line with the comprehensive development process in the country and in line with the objectives of the Qatar National Vision 2030, according to a report issued by Al-Asmakh Real Estate Projects.The report revealed that the total residential inventory in Qatar rose to about 406 thousand units by the end of the first half of 2026, compared to 404.6 thousand units by the end of 2025, in an indication of the continued growth of the real estate supply and the expansion of housing options for various segments of the market.Expectations of the delivery of 4600 new housing units during 2026The report pointed out that the estimates issued…

The volume of real estate trading in the sales contracts registered with the Real Estate Registration Department at the Ministry of Justice of Qatar, during the period from October 4 to October 8, amounted to SAR 419,009,596, while the total sales contracts for the real estate bulletin for residential units during the same period amounted to SAR 80,767,845, bringing the total volume of real estate trading during the week to SAR 499.777 million.The weekly bulletin issued by the administration confirmed that the list of real estate traded for sale included space land, housing, residential buildings, commercial buildings, shops, apartments, and residential units, according to the Qatar News Agency (QNA).    The sale was concentrated in the municipalities of Al-Rayyan, Doha,…

The Kuwait Capital Markets Authority (KMA) has decided to cancel the listing of the shares of Delgan Real Estate Company, which is engaged in investment and real estate services, for not meeting requirements related to its financial statements and transactions, according to a statement published by the Authority on the Stock Exchange website on Thursday.The decision was issued on Wednesday, after the company’s stock remained suspended since last May, and did not meet the requirements despite being granted a deadline to submit documents and correct material errors in its financial statements, and warned of the cancellation of the listing in the event of non-compliance.Company in two lines (According to the market data and the company’s website)Delgan Real Estate was…

Wafra International Investment Company confirmed the reduction of its direct stake in Sanam Holding Group, listed on the Kuwait Stock Exchange, to 8.33%, compared to 9.06% in the previous disclosure, a decrease of nearly 1.7 million shares.The company said that the ownership of "Wafra for International Investment" fell from 20.98 million shares to 19.28 million shares, a decrease of 0.73 percentage points, according to a disclosure from the company to the Kuwait Stock Exchange, on Tuesday.    The paid-up capital of SANAM Holding is KD 23.15 million distributed over 231.53 million issued shares worth 100 fils per shareAccording to the disclosure, the aim of the acquisition of the share is still short-term, unchanged from the previous target announced in the disclosure of…

The General Real Estate Regulatory Authority (Aqarat) said some indicators in Qatar’s real estate market declined last week. Data published by the authority on its account on the social media platform X on Sunday showed that the total value of real estate sales contracts during the 41st week of 2026, from October 4 to 10, reached QR458m, down 14 percent week over week and 28.1 percent year over year. A total of 111 sales contracts were recorded, a decline of 19.6 percent week over week and 24 percent year over year. By property type, villas accounted for the largest share of sales, valued at QR221m, or 48.3 percent of the total. Vacant land followed at QR121.2m, or 26.5 percent, while residential apartments accounted for QR37.7m, or 8.2 percent. Other property types totaled…

The Board of Directors of Aqar Real Estate Investments Company, listed on the Kuwait Stock Exchange, confirmed the adoption of the schedule of the special equity maturities to increase the company’s capital, provided that the subscription period and the trading of priority rights will begin on October 27, 2026, and the subscription period will end on November 10.The company said that the timetable comes after the Capital Markets Authority approved the prospectus for the capital increase issued on September 27, 2026, according to the company’s disclosure to the Kuwait Stock Exchange on Monday.    Aqar recorded a profit in the first half of 2026 of 1.01 million dinarsIt is noteworthy that the Extraordinary General Assembly postponed to "Aqar" was approved, on September…

Decree-Law No. 114 of 2026 on mortgage financing for housing care beneficiaries in Kuwait was issued yesterday with the aim of accelerating the provision of housing for citizens and removing financial obstacles that prevent them from accessing housing care, in order to ensure the sustainability of providing adequate housing in the foreseeable future, according to the Kuwait News Agency (KUNA).The decree-law includes 15 articles, and determines the scope of application of the mortgage financing system, whether to buy a housing unit from the real estate developer in accordance with Law No. 118 of 2023 and its amendments, or to build the government voucher allocated to the citizen from the Public Authority for Housing Welfare, in accordance with the approved controls for housing projects.…

Al Hamra Real Estate Company has received two gold awards at the 2026 GCC Health, Safety and Environment Excellence Awards (ASSP GCC HSE Excellence Awards 2026), a well-established regional programme established and organized by the American Society of Safety Professionals (ASSP), in an important milestone for the company in its first participation in the Regional Awards Program. This recognition is a reflection of the company’s continuous efforts in developing the health, safety and environment management system, and the application of professional standards in its various operational processes, in order to enhance the efficiency of facilities management, and consolidate the culture of prevention, risk management and environmental responsibility, and ensure the provision of a…

Saudi Arabia and the UAE have signed a memorandum of understanding (MoU) to strengthen cooperation on power grid interconnection, electricity trading and cross-border rail connectivity, state-owned Saudi Press Agency (SPA) reported on Thursday.

Kuwait Ports Authority (KPA) is expected to award a feasibility study consultancy contract for the Doha Port Development Project in the first quarter of 2027, a source aware of the details said.