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Real Estate
Egypt builds EGP 5.4bn roads in Aswan during 2020
Egypt has built 85 road and transport projects in Aswan at a combined value of EGP 5.4 billion during 2020, the…
Sisi orders continuous support for Egypt’s construction industry
Egypt's President Abdel-Fattah al-Sisi has ordered the continuous support to the national industrial sector,…
Orascom Development Egypt is selling its stakes in own affordable housing arm
Orascom Development Egypt’s (ODH) board has approved plans to sell the company’s 35 percent stake in affordable…
Eltizam signs $100 million agreement with Egypt-based Al Ahly Sabbour
GCC-based physical asset management company Eltizam Asset Management Group has inked two joint venture (JV)…
Alabbar steps down from role as chairman of Emaar Properties
Mohamed Alabbar has stepped down from his role as chairman of Dubai-based Emaar Properties and will instead focus…
Egypt-Sudan railway may be financed through Kuwait Fund
The Kuwait Fund for Arab Economic Development (KFAED) may fund the 900-km railway linking Egypt and Sudan,…
UAE Arabtec to file application for insolvent liquidation
UAE Builder Arabtec Holding confirmed at a general assembly meeting on Monday it will, at the earliest opportunity,…
Bechtel eyes a master contract for Cairo’s sixth Metro line – minister
Egypt is rushing ahead with plans for an expansion of its metro and railway networks and will sign soon agreement…
Palm Hills closes its 5th EGP1.5bln securitisation bond
Palm Hills Developments has closed its fifth and largest securitisation bond backed by a receivables portfolio…
Savills: Boom in global vaccine investment to benefit real estate investors in Middle East
As part of its Impacts programme, Savills, the leading global real estate advisors, has recently published some new…