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Real Estate
CBE allocates $56mn to Mortgage Initiative
Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among the first stage of…
El Obour Real Estate turns into profitability, H1 net profit hit $36K
Egypt’s El Obour Real Estate Investment (OBRI.CA) turned into profits during the first half of the year, a bourse…
Kuwait’s KPM to develop $39.5 mln tourist project in Egypt’s Sharm El-Sheikh
Kuwait Projects Management (KPM) has successfully concluded talks to purchase a tourist residential project in…
Dubai-based Arabtec Q2 net loss narrows but costs still weigh
Dubai contractor Arabtec on Sunday reported a narrower loss in the second quarter compared to a year earlier, its…
Egypt-based real estate firm Azmeel Group Develops Beit Al Watan project
Egypt-based real estate firm, Azmeel Group for Real Estate Development is developing the Beit Al Watan project…
Egypt’s Arab Contractors eyes implementing power plants with foreign companies
Egypt’s state-run construction company, Arab Contractors is studying the possibility of entering into power plant…
Mortgage dues in UK at lowest level since records began 20 years ago
The number of mortgages in arrears in the UK continued to fall in the second quarter of this year and is now at its…
Egypt’s New Avenue, Premiere Holding sign cooperation protocol to implement projects
Egyptian real estate marketing company New Avenue Real Estate and Premiere Holding for financial service have…
Saudi real estate loans fall for the first time in 6 years
The total value of real estate loans provided by Saudi banks in the second quarter of 2016 dropped for the first…
Property developer ARCO Egypt launches $225 mln CityStars Al Sahel – phase I
Egyptian real estate developer Al Arabia Real Estate & Development – ARCO Egypt has launched the first phase of…