Oman’s real estate trading exceeds $3.66bn in first half of 2024

RIYADH: Oman’s real estate sector saw a total trading value of 1.40 billion Omani rials ($3.63 billion) in the first half of the year, marking a 0.5 percent increase from the same period in 2023.    The data, released by the National Center for Statistics and Information, revealed that fees collected for legal transactions totaled … Read more

Barcelona seal lucrative 2nd place in Spain, Sorloth scores 4 as Villarreal draw with Real Madrid

Al-Hilal manager Jorge Jesus ‘very proud’ as last-gasp equalizer preserves unbeaten domestic season Riyadh: Al-Hilal manager Jorge Jesus saluted the resilience of his players after they preserved the club’s unbeaten domestic season with an injury-time penalty from Aleksandar Mitrovic in their Roshn Saudi League 1-1 draw against Al-Nassr. A dramatic Riyadh derby exploded into life … Read more

Saudi Arabia prioritizes real estate sector with 18 legislative initiatives to drive growth

RIYADH: Saudi banks’ money supply rose 8 percent in March, as compared to the same month last year, to reach SR2.82 trillion ($753 billion), official data showed. According to the data released by the Saudi Central Bank, also known as SAMA, the increase was mainly fueled by a roughly 21 percent surge in banks’ term and … Read more

Alistithmar Capital, Ezdihar Real Estate partner to launch $293m property development fund

IsDB leads multilateral development banks group in $300-$400bn lending boost target RIYADH: A group of elite financial institutions, led by the Islamic Development Bank, is aiming to increase its lending margin by $300-$400 billion over the next decade to reduce global inequalities. The announcement came after presidents of ten multilateral development banks met in Washington, D.C., to … Read more

Real Madrid exact revenge on Man City to reach Champions League semifinals

Real Madrid win at Mallorca while resting players for Man City trip. Atletico beat Girona BARCELONA, Spain: Real Madrid ground out a 1-0 win at Mallorca in the Spanish league on Saturday while resting top players ahead of their decisive Champions League game at Manchester City. Midfielder Aurelien Tchouameni scored the only goal three minutes … Read more

Real Madrid win at Mallorca while resting players for Man City trip. Atletico beat Girona

BARCELONA, Spain: Real Madrid ground out a 1-0 win at Mallorca in the Spanish league on Saturday while resting top players ahead of their decisive Champions League game at Manchester City. Midfielder Aurelien Tchouameni scored the only goal three minutes after halftime. The victory on the Mediterranean island increased Madrid’s commanding lead of the league … Read more

Saudi bank loans increase by 11% to reach $706bn, fueled by real estate activities

Startup Wrap – OSN+, AhnLab, and Mubashir among firms to see funding success during Ramadan CAIRO: Startups in the Middle East and North Africa region have closed Ramadan and started Eid Al-Fitr on a positive note as venture activity continued.  Among the most significant announcements during the holy month was UAE-based online streaming platform OSN+ and … Read more

Real Madrid and Man City draw 3-3 in frantic 1st leg of Champions League quarterfinals at Bernabeu

MADRID: Three goals in the first 14 minutes. Back-and-forth attacking. Stunning second-half strikes. It was an instant classic between the newest Champions League rivals, with Real Madrid and Manchester City drawing 3-3 in a frantic first leg of the quarterfinals on Tuesday. “I imagine the fans enjoyed a game like this, with six goals,” City … Read more

Raphinha leads Barcelona past Las Palmas to stay in touch with Real Madrid

NEWCASTLE: Eddie Howe has hailed the impact of Newcastle United match-winner Harvey Barnes, who netted twice as the Magpies came back from the dead to claim three Premier League points against rivals West Ham. Newcastle looked to have let the win slip as Alexander Isak’s opener was canceled out by Michail Antonio, Mohammed Kudus and … Read more

NEOM CEO lands in top 3 of Forbes’ Real Estate Leaders list

RIYADH: NEOM CEO Nadhmi Al-Nasr has been ranked third in Forbes Middle East’s “Most Impactful Real Estate Leaders” list, underlining the Kingdom’s prominence in the sector. The giga-project chief was placed beneath Mohamed Alabbar from UAE-based Emaar Properties and Talal Al-Dhiyebi, CEO of Abu Dhabi-headquartered Aldar Properties. The Kingdom had the second-most entries on the list, with … Read more