The decision, however, stipulates that the Ministry of Housing, Utilities, and Urban Communities would support the interest difference in the initiative and compensate banks for this difference instead of the Central Bank of Egypt (CBE).
Company invests EGP 19bn in Naia Bay, Naia West projects
Several property developers join ‘Sustainable Communities Initiative: Building for Better Lives’
Besides several facilities the government has provided to property investors and developers, it has issued some regulations and controls to guarantee clients money and ensure that properties are delivered on time.
Mortgage finance is only and optimal solution to get out of global crisis, says Hisham Talaat Moustafa
With the recent release of its app, Liza has now officially launched by offering both buyers and sellers the full range of services.
The Central Bank of Egypt (CBE) clarified in a statement that the Russian-Ukrainian conflict led to an increase of domestic inflationary pressures, consequently, the Monetary Policy Committee decided to increase the key policy rates by 100 basis points.
The exhibition, organised by ACG-CBE, will provide exceptional investment opportunities, as the Egyptian real estate industry continues to grow exponentially amid the increasing demand for the sector’s products.
Company intends to deliver 3,500 units in 2021
70% of New Urban Communities Authority’s budget will be allocated for infrastructure works in FY 2020/21
Only recognition of property sale operations will be through official registration at notary public offices
CPA has received consumer complaints related to arbitrary, monopolistic practices of many real estate development companies
The exhibition provided companies with the platform to attract a large base of customers, particularly following the almost total halt of sales in the past six months due to the pandemic.
Event will help real estate companies achieve their target sales through Strategic Marketing and Exhibitions’ customer base in GCC, says CEO El Saidi
‘We have revised our targets with beginning of COVID-19 to reflect market realities more sensibly,’ says Chairperson Ali Shorbani
East Cairo’s Mountain View Park The Lake was highly successful at its launch, achieving notable EGP 1bn in sales, says Chairperson Amr Soliman
First two weeks of July saw same level of property demand as June, which witnessed largest growth in real estate demand in the history of Aqarmap Index
Hotels can capitalise on their layout, location to provide alternative workspace for individuals or companies looking to alter and downsize
Online transactions boost El Attal’s sales during pandemic, says CEO
The companies have launched charitable and social initiatives to assist families affected by the outbreak and the ensuing emergency measures taken to curb its spread.
Company continues its investments in Egypt through an ambitious plan that suits the size of the market
Sustainability is a big and comprehensive concept, including green architecture, which preserves the environment, says MHDH co-founder
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
CBE’s initiative has financed 230,000 clients, says MFF chairperson
IFE aims to double premiums in Egyptian insurance in 3 years, says ELzoheiry
Contractors call for fund with 2% interest rate; critical of state’s entry into luxury housing market
Real estate marketing is responsibility of specialised real estate marketing agents, companies, not developers
Head of the Real Estate Development Chamber in the Federation of Egyptian Industries, Tarek Shoukry, said that the executive regulations for law regarding granting residency for foreigners in return for property purchase, is being developed and will be issued within a month. Shoukry added that the law provides for foreign clients the right to stay …
Flooding crisis may lead to increased demand for real estate west of Cairo in Sheikh Zayed, Sixth of October, say experts
42% of A class prefer fully finished units, compared to 39% of B class, says Aqarmap
