Egyptian developer Palm Hills Development has drawn the interest of an investment bank in the United States. Specifically, Goldman Sachs has put an investment into the company worth a 5.5%.

The Saudi Arabian government has stated that their $21 billion anti-inflation plan is designed to fight the inflation in the Saudi economy (including the property sector), but not for at least another three years.

The Saudi Arabian property market is currently experiencing a severe housing shortage. If additional units aren't made available soon, the kingdom could be in for more inflation.

Kingdom Holding Company is set to start looking at bids for construction of a mile high tower in Saudi Arabia.

Snasco, a real estate company, has publicly declared their intentions to enter the Algerian market. This is part of a larger strategy that they believe will allow them to expand into the Arab world.

On the backs of the Emaar contract win, Freyssinet has received a contract to do some of the work on the Saudi Economic City.

Another rise in the price of building material in the Middle East has hit developers hard in Saudi Arabia.

One of the biggest real estate property developers in the Middle East, Al Mazaya, is about to get a little bit larger.

It is expected that property prices are going to keep on rising all over the Gulf Coast.

With increasing property values all over the Middle East, Saudi Arabian renters have been hit extremely hard.