Latest in Real Estate Highlight
Latest in Real Estate
Egypt preparing three halls for 2021 World Men’s Handball Championship
Three halls to be implemented in Sharm El-Sheikh, Hurghada, New Tiba in Luxor, says sports minister
El Nasr Housing contracts with ECB to design, supervise Al-Zohour project
The project is expected to begin in September 2018 and will be completed in September 2021
TMG enters strategic alliance in education sector with Hermes, GEMS
EFG Hermes will finance equity component of transaction on its own balance sheet
Talaat Moustafa Group negotiates with Saudi Arabia to launch joint residential project
Company studying launching projects in cooperation with Egyptian government agencies, says Talaat Moustafa
ACI enters technical expertise exchange partnership with Egyptian Engineers Syndicate
The American Concrete Institute (ACI) signed an international partnership agreement with the Egyptian Engineers Syndicate to exchange technical expertise, according to a press release from the institute. The ACI said that the agreement aims to increase collaboration and cooperation through a mutual exchange of technical expertise. The institute further noted that it is very interested …
Oscar Misr delivers building with investments of EGP 15m
Oscar Planet project’s sales registered EGP 15m, says company’s chairperson
Brickzey to launch new project in Sheikh Zayed, EGP 600m expected sales this year
Company will launch first phase of Infinity project next month, with expected sales of EGP 700m in 2018
OUD to develop 80 feddans in North Coast within two months
Company targets sales of EGP 1.6bn in 2018, says Khamis
El Mostakbal directs EGP 5bn in utilities, services to Mostakbal City
Company to soon begin procedures of establishing specialised service companies to serve city, says chairperson
El-Fishawy Café opens branch in Sheikh Zayed
Badr El Din Real Estate Projects opened a branch of El-Fishawy Café—the most popular coffee shop in the Al-Hussein area of Cairo—in Mazar Mall in the area of Sheikh Zayed. The new location is the café’s first in one of Egypt’s new urban communities. Badr El Din Real Estate Projects Chairperson Mamdouh Badr El Din …
Constec, Emmeti to develop sanitation processing plant worth EGP 200m
Plant to treat 6,500 cubic metres per day, serve more than 45,000 people
Aldawlia Developments to complete EGP 1.4bn Regent’s Park next year
Company directs EGP 250m to construction works in 2018
14% of Egypt’s households rent homes: 10Tooba
Home ownership estimated at 17.8m households, representing 76% of all households, says report
Egypt is one of largest rising real estate markets in region: Propertyfinder
Platform has 10,000 paying customers globally, 600,000 unique users, says CEO
PACT to launch third phase of White Bay project in May
Company reveals construction progress at White Bay in North Coast
Amer Group to launch Porto Port Said with investments over EGP 4bn: Amer
Project will be finished within three years, says Amer
City Edge to manage development, marketing of seven projects in three new cities
Company will market projects in New Alamein in June, targeting EGP 1bn sales
Egyptians cumulatively invest AED 17bn in Dubai real estate
Dubai Land Department offers many guarantees to investors
La Viennoise building’s investment cost EGP 55m: Al Ismaelia chairperson
We are interested in renovating historical buildings, will not be real estate developer, says Shafei
Al Motahedoon Group negotiates to develop medical project in the New Administrative Capital
Company targets EGP 300m in sales from Eterna Healthcare City project this year, says chairperson
Orascom Construction files request to tax arbitration committee over cement sector deal
Judicial procedures suspended until arbitration completed, sources say
Al Ismaelia for Real Estate inaugurates La Viennoise building in Downtown
Al Ismaelia for Real Estate Investment inaugurated on Saturday La Viennoise building, the first environmentally friendly historical building in Downtown Cairo. In the attendance of Ibrahim Mahlab, assistant to the president for strategic and national projects, and the deputy governor of Cairo, Al Ismaelia inaugurated La Viennoise building after its development according to the latest …
Renaissance Capital targets range of sectors including healthcare, consumer, financial services: MENA CEO
Renaissance Capital, one of leading emerging and frontier markets investment bank, opened its office in Egypt last year. Ahmed Badr leads Renaissance Capital’s MENA business and oversees growth strategy in the region. Daily News Egypt interviewed him to review his valuable insights, as well as RenCap’s latest views on the economy, and its plans going …
Renaissance Capital’s 3rd Annual Egypt 1:1 Investor Conference in Cape Town showcases investment opportunities in Egypt
The third Renaissance Capital Annual Egypt 1:1 Investor Conference, held in Cape Town, South Africa, ended after showcasing Egypt’s investment opportunities, as well as connecting prominent South African investors with senior leaders of Egyptian companies. The conference, which took place from 24-25 April, had participants from Egyptian companies across a broad range of sectors—including healthcare, …
Property prices in New Cairo will not be affected by rainwater crisis: experts
Flooding crisis may lead to increased demand for real estate west of Cairo in Sheikh Zayed, Sixth of October, say experts
Al Motahedoon Group to launch EGP 1.2bn Eterna Healthcare City in Emaar’s Mivida
Healthcare city to launch this month, offering fully finished, versatile units to be delivered in 2021
EEA to offer state recovered lands to real estate developers
Ahmed Abdel Hafez, chairperson of the Egyptian Endowments Authority (EEA), said that the EEA has recovered infringed upon lands and will offer them to real estate developers next month. During Hapi Investment Conference held Sunday, Abdel Hafez noted that the EEA is seeking to develop its financial sources through contracting with those developers. Moreover, the EEA is …
Al-Ismaelia for Real Estate Investment wins international conservation award in Italy
Al-Ismaelia for Real Estate Investment won the International Centre for the Preservation of Architectural Heritage in Italy’s award for its development and renovation of the historic buildings in Downtown Cairo. The company is working to revive the historical buildings in Downtown by examining the historical shapes of the buildings, using consultants to restore the original …
Al-Sisi ratifies amendment to law on real estate expropriation
President Abdel Fattah Al-Sisi ratified on Monday an amendment to the law on real estate expropriation for public benefit, following parliament’s approval. The amendment—which was published in the official gazette—entails that compensation will be estimated in accordance to the prices on the market at the time of implementation of the decision, plus an additional 20% …
37% of A class purchase property to invest: Aqarmap
42% of A class prefer fully finished units, compared to 39% of B class, says Aqarmap