Esnad has signed a partnership agreement with Sakan International, which is headquartered in Kuwait and has a presence across several international markets, to support the sale and marketing of Esnad’s real estate projects in Kuwait. The partnership forms part of Esnad’s efforts to expand its marketing channels, strengthen the presence of its projects in the Kuwaiti market, and reach a wider base of clients and investors by leveraging the experience and international reach of its partner. Esnad looks forward to a productive partnership and new opportunities in the coming period.
Gulf Real Estate
The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice last September amounted to 1,754,432,853 riyals, according to the Qatar News Agency (QNA).The data of the Analytical Real Estate Bulletin issued by the Ministry showed the registration of 495 real estate transactions during September 2026, and the index of the number of real estate sold during the month increased by (17%), and the value of real estate transactions index increased by (36%), while the index of traded areas recorded an increase of 62%, and the municipalities of Doha, Al-Rayan and Umm Salal topped the most active trades in terms of financial value, during the past month, according to the real estate market index, followed by the sizes of the…
United Real Estate Company, listed on the Kuwait Stock Exchange, has obtained a license from the Ministry of Finance - State Property Contracts Department for the management, operation and maintenance of the waterfront property - Phase V (Marina World), for a period of 3 years starting from the date of signing.The company explained that it is obliged under the license to pay a minimum annual revenue of the property to the Ministry of Finance in exchange for benefiting, by at least 30%, in accordance with the conditions and mechanism of calculation contained in the license, according to the company’s statement to the Kuwait Stock Exchange, on Wednesday. United achieved a profit during the first half of 2026 of 3.11 million dinars compared to 4.43 million dinars in the…
Al-Arjan International Real Estate Company, listed on the Kuwait Stock Exchange, confirmed that its losses decreased by 49.32% year-on-year during the third quarter of 2026, and Arjan suffered losses in the three months ending September 30, 2026, amounting to KD 961.07 thousand, compared to losses estimated at KD 1.90 million in the third quarter of 2025.In the first nine months of this year, the company suffered losses of 9.40 million dinars, an increase of 78.38% compared to its level of 5.27 million dinars in the corresponding period last year, according to a statement by the Kuwait Stock Exchange on Wednesday. Arjan suffered 8.44 million dinars losses in the first half of 2026 compared to 3.37 million dinars losses for the corresponding period from 2025Arjan attributed…
The profits of Ajyal Properties, listed on the Kuwait Stock Exchange, decreased during the third quarter of 2026 by 4.96% year-on-year.Ajyal’s profit in the three months ending at the end of September 2026 was KD 1.91 million, compared to KD 2.01 million in the third quarter of 2025.The company also achieved, during the first nine months of 2026, profits of 5.47 million dinars, a decrease of 2.24%, compared to 5.60 million dinars in the same period of the previous year, according to a disclosure to the Kuwait Stock Exchange, on Tuesday. The company recorded profits in the first half of 2026 at 3.56 million dinars The statement attributed the decrease in net profit to the decline in the share of the results of associates, and the increase in administrative and…
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…