Latest in Tag: Real Estate Highlight
Latest in Tag: Real Estate
34% of Egyptians live in insufficient housing
Qena is the most deprived governorate in Egypt, followed by Luxor, according to BEDI
Tabarak Holding to inject EGP 1.2bn in Egypt during 2017
We are cooperating with American and British companies for the development of architecture and landscape designs of 90 Avenue project, says El-Shorbany
United Bank aims to increase real estate finance portfolio to EGP 300m
The portfolio’s volume now is EGP 110m, but contracts to fund 11 projects in New Urban Communities were signed, says Samir
Al Naeem to launch new investment funds worth EGP 1bn in 2017
The company has recently completed the obtainment of the licensing for the first real estate investment fund in the Egyptian market
Wadi Degla Developments targets EGP 5bn of sales
Neopolis, Mada, Blumar are among the companies’ most prominent projects
Real estate developers offer properties with 0% down payment at Cityscape
Cityscape exhibition has grown by close to 10% in the current year, says exhibition director
HDB awaits CBE approval to separate real estate activity from banking business
We aim at becoming a commercial bank practicing banking business only and transferring investment activity to a company owned by the same shareholders: Sebaey
NUCA plans to expand land offerings for different segments of society
NUCA is forming a committee to follow up on the application of real estate regulations in the new cities
Private sector can help government attract foreign investments: Ahmed Shalaby
Established in 2014, Tatweer Misr is an Egyptian shareholding real estate company that capitalises on the wealth of industrial and real estate experience brought to the table by its shareholders.
Invest In uses the latest technologies to revolutionise real estate sales
What makes us different is that we take no commissions, we are only distributors, says Osama
The best thing to do is to save your money at a fixed rate by investing in real estate: El-Shinnawy
We are committed to deliver high-end projects and a quality of that serves all family members: El-Shinnawy
The Egyptian real estate market: a future between skyrocketing prices and fear of recession
Daily News Egypt has obtained data from Aqarmap, the real estate search engine, regarding land prices in Greater Cairo
Egypt is full of investment opportunities: Informa Chief Executive
The Ministry of Housing is preparing to offer lands for services at the New Administrative Capital by the end of the coming year, according to Assistant Minister of Housing Khaled Abbas. Abbas said that the government will provide more facilities and privileges for the investors in the coming period. He added that 13 investors have …
Due diligence for RECAP and Wadi Degla partnership to be completed this year
Eman Sadek, the director of investor relations at RECAP Financial Investments—the real estate arm of Naeem Holding—said that the due diligence examination for a partnership with Wadi Degla Developments is set to be completed this year. The company announced the partnership in August 2016, yet procedures are not completed. Sadek noted that the due diligence …
Real estate sector productive, represents 16% of GDP: Tarek Shoukry
The one-stop shop will not happen in Egypt, according to Hassanein
Banks offer their support to real estate sector
NBE provided letters of guarantee worth EGP 5bn for the sector of construction, says Aboul Fotouh
750,000 housing units needed annually: Al-Sharif
Unlicensed real estate units in cities is estimated at 1.2 million
Real estate funds will enter Egypt through three contenders in 2017
NAEEM to issue two tranches, each at EGP 1bn
2,000 real estate companies exit market in 2016 due to price hikes
The number is expected to increase because of the delay of the Compensation Law, says Abdul Aziz
Real estate companies do not make huge profits: Mohamed El Husseiny
10% annual profits from investment cost, large number of ads contributed to forming false beliefs
MFIC plans to establish EGP 500m real-estate fund
Targeted profits of Misr Investment and Financing Fund at EGP 45%
Increase in exhibitor numbers in Cityscape Egypt
The real-estate exhibition Cityscape Egypt—set to take place between 31 March and 3 April in the Cairo International Convention Centre—has witnessed an increase in the number of companies that will display their work, with up to 90 major real-estate companies scheduled to take part. Additionally, 20 new exhibitors will be taking part for the first …
Wadi Degla Developments launches Promenade New Cairo
The new project occupies a total area of 140,000sqm
Diverse local and international exhibitors to unveil new projects at this year’s Cityscape Egypt
6th Cityscape Egypt gets ready to launch next month
New Urban Communities Authority offers 15 plots of land to private sector
Total area is 4,524 acres, and targeted investments exceed EGP 500bn
HDB plans to launch real estate fund in early March with capital of EGP 500m
The fund’s strategy is based on development processes; returns will be in the third year of the fund’s life, says Tawfik
2016 a “positive year” for real estate sector: Samcrete managing director
Recovery of NBE and Suez Canal certificates to renew purchasing power in the market
Flotation, high lending interest rate, VAT negatively affect real estate investment activity: FEDCOC
Alaa Fekry, member of the Real Estate Investment Division at the Federation of Egyptian Chambers of Commerce (FEDCOC), said that real estate companies face several challenges in the current period which may adversely affect their expansion plans in the current year and increase the prices of real estate units. Fekry, who is also the chairperson …
Is now a good time to buy real estate in Egypt?
Since the flotation of the Egyptian pound, real estate prices have shot up. On average, real estate developers have increased their prices in Egyptian pounds by 15-20%. Of course, if you calculate the prices of real estate in US dollars, the prices have significantly decreased. We frequently get asked: is now a good time to …
Housing Ministry to provide lands with basic facilities for real estate sector: Mostafa Madboly
Housing Minister Mostafa Madboly said that his ministry is committed to support the real estate sector through providing large and medium-sized areas of land with basic facilities. He added that the ministry seeks to attract foreign investment, especially from Arab countries, to participate in the establishment of new real estate projects, including the New Administrative …