Latest in Tag: Real Estate Highlight
Latest in Tag: Real Estate

EGP 2bn investments in coming 2 years: Mohammed Abou El-Enein
Investments will include new project in Marsa Alam and shopping mall in Sheikh Zayed

Laws regulating real estate sector need more clarity: Capstone’s Sherif Raafat
Ex-chief of bourse heads real estate funds worth $250m

Secon signs 3 contracts to design new real estate projects
Projects will be built on 100 acres, with investments valued at EGP 2.5bn

Growth awaits residential, commercial real estate development: EIG Inc marketing and sales director
Big demand for middle, upper-middle housing units by large segment of society, significant increase in demand of malls and administrative centres
Business leaders await definitive steps in economic transition
âWe are optimistic about economic reforms,â leaders say
GAFI signs free trade zone agreement with Ajman Free Zone: Al-Hashemi
Ajman plans Egyptian free trade zone cooperation to support SMEs, economic growth
Actis wins Africa and Infrastructure firm of the year
The awards had an exceptionally strong turnout this year with over 35,000 votes cast by investors

Saudi to invest EGP 1bn in real estate at Economic Summit: Madbouly
Number of real estate units being built annually estimated at 250,000 units, demand is estimated at 600,000 units
Real estate investors hope for growth with government-related initiatives: Experts
Real estate workers are hoping the sector will recover and return to the growth rates visible prior to the 25 January Revolution. It is hoped the recovery will stem from the governmentâs Suez Canal Project and its plan to offer several other mega projects, on the North Coast, Upper Egypt, and in the Golden Triangle …

Property Finder is a platform offering digital marketing solutions to real estate companies in Egypt: Country manager
Property Finder considers the Egyptian market to be a strategic market due to its large population, exceeding 90 million people, in which more than 45 million use internet, noted Hammad.
Abraj Misr to start EGP 4.5bn project in April
The project is expected be completed by 2018

74.2% Y-o-Y increase in Palm Hillsâ revenues
Net profit reached EGP 353.3bn, according to real estate company

Housing ministry proposes EGP 150bn project in Economic Summit
âOctober Oasisâ will be built over 10,000 acres in southern 6th of October City

Additional EGP 500m investments expected for new opportunities: SODIC managing director
Cash flow for next five years expected to be EGP 17bn, company is interested in coastal opportunities, says Ahmed Badrawi

Arabtec project will increase competition in real estate market
Arabtec project will have more advantages than other real estate companies, because of collaboration with Ministry of Housing
Emaar Properties reports 30% Y-o-Y increase in net profit
Last week, Emaar Misr made official request to list on Egyptian stock market

Housing projects, land offered at monthâs end: Minister of Housing
Allocation of EGP 28bn underway for new housing budget
EGP 1.6bn capital increase approved by Palm Hillsâ general assembly
Real estate company seeks to expand its commercial and residential portfolio

SODIC estimate clientsâ contract to be EGP 4.1bn
Company to invest EGP 2.3bn and deliver 684 units in all projects
6th of October City, Sheikh Zayed witness price hikes
Current property prices for villas and apartments in Sheikh Zayed have increased to vary between EGP 4,000 to EGP 8,000 per metre. âThe variation in prices occurs according to the location of the properties, whether they are located in compounds or outside,â said Emad Fawzy, Sales Manager at El-Dar Company for Real Estate Marketing. Those …

Misr Real Estate Management seeking to expand in New Cairo, 6th of October projects
Company plans to market and manage administrative buildings and towers in Road 90, says chairman Mohamed Bassyouni

Tax authority workers union vows to stop sending notifications until ministry meets demands
Real estate tax employees always threaten strikes but do not follow up, says Ministerâs real estate tax advisor

Real estate companies offer new diverse offers to attract clients to face recession
Some of small- and medium-sized real estate companies tended towards providing gifts to motivate the client to buy their units.

Palm Hills to issue over 8m shares on bourse to increase capital
Real estate firm aims to increase their capital from EGP 3.5bn to EGP 6bn

CBE to double mortgage initiative to EGP 20bn by 2015: Minister of Housing
Real estate prices in Egypt will not decrease; solution is to increase income and we need 500,000 housing units annually, says real estate expert

Regulations for real estate tax law amendments forwarded to State Council
Coordination with the ministries of petroleum, tourism, aviation, transport, and investment to standardise evaluation of real estate assets

Future of real estate in Egypt a prominent theme in Abu Dhabi investor conference
Egypt is the largest real estate market in the region and its demographics suggest huge potential for growth
Government needs to reduce bureaucracy to lower costs, increase productivity: Investments head
El-Hatow: Real estate is king and energy requires a special kind of investor

New phases of Hyde Park and Chill Out Park in the range of EGP 9bn: CEO Dar Mimar Group
Daily News Egypt sat d own with Ayman Ismail, the CEOof Construction and Engineering Company Dar Mimar Group (DMG), to talk about DMG’s performance in the Egyptian market and its future real estate plans What are the projects that DMG plans to launch in near future through its real estate arm Mountain View? And what is the …
Presidential decision on mortgage support not to address illegal housing: MFF chairman
Decision to support Mortgage Finance Fund’s activities and amended mortgage law would not touch on safeguards for registration of residential real estate