Cityscape shows voracious appetite for Egypt’s property industry
The conclusion of the seventh edition of Cityscape Egypt demonstrated the resilience of the country’s real estate…
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real estate news
Sawiris’ Gemini plans real estate investments in Egypt new cities
Egyptian business tycoon Naguib Sawiris said Tuesday that its Gemini Global Development plans investing in some…
Residential projects nationwide at the largest real estate consumer show
With consumer confidence returning to Egypt’s residential sector, Egyptians are exploring their next real estate…
Madaar to pump 1.4 bln Egyptian pounds into Azha Ain El-Sokhna in 2017
Egypt’s property developer Madaar is planning to pump 1.4 billion Egyptian pounds ($77.3 million) into its high-end…
ARCO says to invest multi-billion pounds in Egypt property market in 5yrs
Real estate developer ARCO is planning to pump investments worth up to 32 billion Egyptian pounds ($1.8 billion)…
Deloitte sees further fall in residential sale prices in Dubai
With Dubai’s home rent falls being extremely selective in terms of location, the city’s tenants could do with some…
Egypt to deliver new units for New Valley low-income citizens today
Egypt’s Minister of Housing will deliver Thursday new residential units for low-income earners in New Valley…
Al Ahly completes marketing of 1286 units in Amwaj North Coast project
Egypt’s Al Ahly for Real Estate Development has completed marketing 1286 units in its flagship Amwaj in North…
Egyptian developer PACT mulls adding 40 feddans to White Bay project
Egyptian property developer PACT Group is negotiating to add more 40 feddans to its flagship project White Bay in…
Egypt’s Arab Contractors says Chad volume of businesses worth €334 mln
Egypt-based construction firm, Arab Contractors’ volume of businesses in Chad is currently worth €344 million…
Egypt’s new capital city project ups Arab Contractors’ turnovers to $2 bln
Egyptian construction firm, Arab Contractors says volume of businesses in Egypt and abroad rose y-o-y by four…
Egyptian property firm Azmeel to showcase 12 new projects on Aug 4
Egypt-based real estate firm, Azmeel Group will showcase Thursday 12 new projects with total investments of 250…
Egyptian property giant Palm Hills plans $225.3 mln investments this year
Egypt’s second-largest listed property developer, Palm Hills (PHDC.CA) is targeting new investments worth 2 billion…
Egyptian property developer Medinet Nasr studies $113 million loan
Egyptian property developer Medinet Nasr is considering a 1 billion Egyptian pound ($113 million) loan in order to…
Egyptian New Urban Communities Authority raises FY2016-17 budget to $3.85bn
Egypt’s New Urban Communities Authority (NUCA), an agency under Ministry of Housing, unveiled its budget for the…
Egypt to adopt real estate regulatory bill in days
Egypt is to adopt the long-awaited real estate regulation bill by the Cabinet in the coming few days, said Vice…
Egypt Builders: Govt to showcase inclusive vision for national projects
Under the rubric “A Road to develop National Projects”, the second edition of the Annual Builders of Egypt Forum…
Al-Ahly Leasing sponsors Builders of Egypt 2016
Al-Ahly Leasing Company (ALC) is the official sponsor for the second year of the second annual Builders of Egypt…
Cityscape to hit record visitors as Egypt real estate industry begins to boom
In Egypt, property developers are reporting unprecedented activity as a result of residential projects and…
Egyptian government aims to fill 60% of youth housing needs in 2018
Egyptian government is planning to fill 60 percent of the youth and low-income citizens’ housing needs by 2018 as…
Misr Italia to IPO 20% of shares in Egypt bourse in Q1
Egypt-based property developer Misr Italia will launch 20 percent of its shares in initial public offerings on the…
Arab Contractors quits Egypt’s Airport City project bid
Egypt-based leading construction firm, Arab Contractors has decided to withdraw from a competition to implement…
Egypt to sign final agreements of two housing projects soon: minister
Egypt will sign soon the final agreements of two partnership projects that showcased during the country’s…
Dubai’s Arabtec posts loss for fourth straight quarter
Dubai-listed builder Arabtec recorded losses for a fourth straight quarter Wednesday as it took provisions,…
Jordan’s Masaken Capital intends to acquire Egypt-based property firm
Jordan-based investment company Masaken Capital is planning to acquire an Egyptian real estate company, in a move…
Arab Contractors inks three new projects in Africa
Egyptian-based leading Arab Contractors has recently signed new contracts to carry out three giant projects in…
Upper Egypt-Red Sea road to be executed in 1 year
A road connecting Upper Egypt and the-Red Sea will be implemented within a year, by July 2016, and will…
Egypt ratifies Tomorrow two Real Estate MoUs signed in March Summit
Egyptian Ministry of Housing will ratify tomorrow memorandums of understanding with Egypt's Mountain View and Saudi…
Rooya Group competes for Two Partnership Projects with Egypt’s Government
Rooya Group, one of Egypt's fast-growing real estate developers, is seeking through a consortium of three other…
EALB, HDB, Coldwell Banker targets Launch of Real Estate Funds in Egypt
The Egyptian Arab Land Bank, Housing & Development Bank, and Coldwell Banker are seeking to launch real estate…
Emaar’s Egypt Unit may change Chairman Role ahead of Float
Emaar Misr, the Egyptian unit of Dubai developer Emaar Properties, said Monday investors would vote later this…
UAE Aabar, Arabtec mull More Investments in Egypt
Abu Dhabi investment firm Aabar and U.A.E. construction company Arabtec are looking to step up their investments in…
Rooya Group seeks Egypt Bourse Listing in Q4
Rooya Group, one of Egypt’s fast-growing real estate developers, is planning to float its shares on the country’s…
Zayed Crystal Spark will be Egypt’s Tallest Tower
Egypt is building a 200-meter-high (656 feet) Zayed Crystal Spark in Sheikh Zayed City, which will become the…
Egypt to propose building Tallest Tower during March Summit
Egypt’s government will present during the economic development conference in March a proposal to build the…
Arabtec starts first phase of Egypt million Homes Project mid-2015
Egyptian companies taking part in UAE Arabtec’s one million housing units’ project in Egypt will start carrying out…
Tabarak Says 90 Avenue Project Ready at 2017-end
Egyptian real estate leader developer Tabarak Holding is planning to complete its 90 Avenue project by late 2017.…
Amer Group: Saudi Al-Othaim to Build Porto Cairo Mall’s Entertainment City
Egypt’s leading property developer Amer Group has signed an agreement with Saudi Al-Othaim Group to establish an…
Arab Contractors to Take Part in Ethiopian Road Project
Egyptian Ambassador to Ethiopia Mohamed Idris announced Wednesday that the Arab Contractors company will be…
Sodic Seeks New Land to Expand Beyond Housing in Egypt
Egyptian luxury-home developer Six of October Development & Investment Co. is in “advanced” talks with the…