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Real Estate
Morgan Stanley cuts China’s 2023 economic growth forecast to 4.7%
Morgan Stanley currently expects China's GDP growth of 4.7 percent this year, down from its previous forecast of…
Saudi Arabia signs $1.3 bln investment deals with China
Saudi Arabia signed on Thursday investment agreements with China worth $1.3 billion on the sidelines of the…
Egypt’s Arab Contractors signs JV deal with Angolan Mercons
Egyptian construction giant Arab Contractors (AC) said on Wednesday it had signed a joint venture agreement with…
Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative
Egypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks and companies…
Egypt’s SODIC discloses land deal with NUCA
Egypt's Sixth of October Development & Investment Company (SODIC) said on Monday that it acquired land from the…
UK’s Knight Frank expands into Egypt with Cairo office
Knight Frank, the UK-based real estate consultancy announced the launch of its first office in Egypt, to be located…
Egypt’s Emaar Misr profits drop by 15.7% in Q2
Egypt's Emaar Misr profits dropped by 15.7 percent during the second quarter (Q2) of 2023 to reach 1.26 billion…
Egypt’s Orascom Development profits rise by 57.7% in Q2
Egypt's Orascom Development profits rose by 57.7 percent during the second quarter of 2023 to 622.1 million…
Egypt’s TMG profits rise to EGP 1.5bln in H1
Egypt's Talaat Moustafa Group (TMG Holding) witnessed an increase of 40 percent in profits during the first half…
Egypt’s Misr Italia gets ministerial decree for Solaré Project in Ras El Hikma
Egypt's Misr Italia Properties said it secured a ministerial decree for its Solaré Ras El Hikma project, located on…