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Real Estate
UK house price surges – Nationwide says
UK house average price stands at £273,751 ($316,487) up from £271,209 in July as it represents an increase of…
Inertia launches new 353,000-sqm phase in Jefaira project, Egypt’s North Coast
Inertia announced on Tuesday the launch of a new phase in its flagship project, Jefaira in the North Coast, Egypt…
Chairman of Egypt’s new capital company developer resigns
Ahmed Zaki Abdeen, chairman of the Administrative Capital for Urban Development (ACUD), the developer of Egypt's…
Chinese Property Giant Country Garden Warns of downturn Profit
Chinese’s Country Garden Holdings’ shares declined on Thursday in Hong Kong.
Ora Developers Egypt, GnK Group unveil The Platform project in North Coast
Real estate firm Ora Developers Egypt on Wednesday announced the establishment of an all-new space, The Platform,…
Egypt’s Arab Developers Holding to invest EGP 1.5 billion this year
Egypt’s property development firm Arab Developers Holding, formerly Porto Group, said on Tuesday it plans to invest…
China banks could face $350bln losses from property crisis
China’s banks face mortgage losses of $350 billion due to lack of confidence in the nation’s property market and…
China’s CSCEC starts construction phase of 5 skyscrapers in Egypt’s New Alamein
China State Construction Engineering Corporation (CSCEC) started on Sunday the construction phase of the main…
Egypt’s SODIC achieves H1 gross contracted sales of EGP 6.67 billion
Sixth of October Development & Investment Company (SODIC) has released On Wednesday its consolidated financial…
Egypt’s Arab Contractors approves capital increase for up to EGP 8 billion
Egypt’s state-run construction firm Arab Contractors (AC) has approved an increase in its paid-up and issued…