News Egypt’s central bank receives $250m from ICON Aya Anwar Feb 29, 2024 0 Egypt’s Prime Minister Mostafa Madbouly announced that the Ministry of Public Business Sector has received the…
Banks German property lender Aareal incurs largest loss this century Aya El Sayed Feb 29, 2024 0 German property lender Aareal set aside $478 million for soured loans in 2023, a record high due to a severe…
Real Estate Gulf’s real estate to grow in H1 2024 – Markaz Aya El Sayed Feb 11, 2024 0 The Gulf real estate sector will grow in the first half of 2024 due to increasing demand and government policies…
Feature Egypt’s ICON secures majority stake in Legacy Hotels Aya El Sayed Feb 11, 2024 0 The Arab Company for Tourism and Hotels Investments (ICON), a subsidiary of Talaat Moustafa Group Holding, has…
Feature Egypt mulls issuing bonds in UAE, India currencies Aya El Sayed Jan 29, 2024 0 The Egyptian government is considering issuing bonds in Emirati dirhams, Indian rupees, and Hong Kong dollars for…
Investment China’s property sector struggles, Country Garden to sell $530 mln in assets Nada Ali Jan 24, 2024 0 China’s property market slump is getting worse as Country Garden, the largest private property developer in China,…
Banks Egypt signs protocol with CIB to finance low-income housing Aya El Sayed Jan 17, 2024 0 The Egyptian Social Housing Fund and the Commercial International Bank (CIB) signed a new protocol to enhance…
News Jeddah prices stumble as national transactions fall 11.3% Sama Mousa Nov 28, 2023 0 Saudi Arabia’s real estate market witnessed a drop in the volume and value of transaction during the past year,…
Money Iraq to offer 50 housing projects in 2024 Sama Mousa Nov 7, 2023 0 Iraq is set to offer up to 50 housing complexes in 2024 in a post-war plan to tackle housing supply shortages, an…
Money Tourist arrivals to Egypt to hit 15mln end-2023 – report Sama Mousa Oct 26, 2023 0 Egypt is expected to welcome 15 million tourists by end of 2023, according to report by JLL’s Cairo Real Estate…