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4Sale Launches New Realty Platform In Kuwait
The premium digital experience will offer commercial and residential property to buy or rent, shaking up Kuwait’s $12 billion real estate market.
4Sale, Kuwait’s largest online classifieds platform, has announced the launch of a new real estate experience, 4Sale Realty.
The new realty portal aims to shake up Kuwait’s property sector and revolutionize buying, renting, and selling commercial and residential property.
4Sale Realty will feature immersive interactive 3D tours and an accurate measurement tool to explore the exact dimensions of every listed property. Meanwhile, a team of dedicated agents will manage property listings from end to end, making the platform not just engaging but offering genuine on-the-ground experience of the country’s local markets.
Before the launch of its dedicated Realty platform, 4Sale was already a significant real estate advertiser in Kuwait, hosting over 60,000 listings across the country during 2022 alone.
“We are delighted to launch 4Sale Realty to our customers in Kuwait. Housing demand is projected to rise continuously, and the sector is ripe for technological disruption. We have developed a digital real estate experience to transform the process of buying, selling, and renting property in Kuwait. Part of 4Sale’s rapid growth is driven by a deeper expansion into key verticals – such as real estate, where we already had a strong market position – and I am very excited for consumers to experience it,” said Tarek Sakr, Chief Executive Officer of 4Sale.
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Kuwait continues to invest heavily in cutting-edge technology, and platforms like 4Sale Realty contribute considerably to the growth of the digital economy. The website is already hugely popular, with over 2 million registered users listing 12 million items since its inception.
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UAE Prepares To Launch Two Satellites: Thuraya-2 And MBZ-SAT
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum chaired the first meeting of the Supreme Space Council yesterday.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister of the UAE, chaired the first meeting of the Supreme Space Council in Dubai on December 16, 2024. The session highlighted the UAE’s ambitious space plans and took stock of the sector’s economic progress.
The council emphasized the growing role of private companies in advancing space technologies, noting that their contributions are now equal to that of the public sector. Members also praised initiatives like the Space Economic Zones Programme, which are designed to fuel innovation and investment in the space industry.
خلال ترؤسنا الاجتماع الأول للمجلس الأعلى للفضاء، بحثنا الاستثمارات الوطنية والمشاريع المقبلة في قطاع الفضاء والذي يشهد تطوراً مستمراً… وجددنا التزامنا بدعم ومواصلة تنفيذ برامج طموحة لاستكشاف الفضاء الخارجي حيث وصل حجم الاستثمارات في هذا القطاع إلى 40 مليار درهم خلال السنوات… pic.twitter.com/etJ33OnuSu
— Hamdan bin Mohammed (@HamdanMohammed) December 16, 2024
Discussing the UAE’s space journey, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum remarked, “The national space sector continues to grow and advance, and we take immense pride in the remarkable achievements we have accomplished over the years”.
Sheikh Hamdan also received updates on two upcoming satellite projects: Thuraya-2 and MBZ-SAT. Thuraya-2, developed by Space42, is slated for launch this December. Meanwhile, the MBZ-SAT, created by the Mohammed Bin Rashid Space Centre (MBRSC), will soon follow. MBRSC, a major driver of the UAE National Space Programme, continues to lead the nation’s space-related developments.
Space42 took the opportunity to showcase its advancements, including ongoing collaborations between public and private entities. The company also outlined strategies to promote innovation, boost revenue streams, and create new opportunities for growth in the sector.
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The UAE’s current projects build on a growing legacy of space exploration. Back in 2020, the nation made headlines with its Mars mission, successfully sending a probe into the planet’s orbit in 2021. This mission, which is now in its second phase as of June 2024, has been collecting critical data to develop a comprehensive diurnal image of Mars.
The UAE also ventured into lunar exploration with an unmanned mission aimed at studying untouched regions of the Moon’s surface. While the probe ultimately crashed during its landing attempt after communication was lost seconds before touchdown, the effort represented a significant step in the country’s exploration ambitions.