Egypt’s office, retail space demand sees growth in 2023 despite challenges: Report

Mon, 15 May 2023 - 02:24 GMT

The report, which focuses on the retail and office sectors, said that the retail market was naturally impacted by the global supply chain bottlenecks, import restrictions, local currency devaluation, widespread inflation, and spillover effects from the Russian-Ukrainian conflict.

Savills to highlight sustainability challenges in real estate at upcoming COP27 conference in Egypt

Tue, 17 May 2022 - 03:41 GMT

COP 27 will build on COP 26 held in 2021 in Glasgow, UK with a deeper focus on the African continent. The conference in Egypt will ‘highlight some of the region’s main concerns on climate change including emission reduction, mitigation of the effects of climate change, and procuring climate funding to help developing countries’, specifically those in Africa which are most affected.

Egypt’s North Coast - from summer destination to integrated city: Savills

Mon, 06 Sep 2021 - 01:36 GMT

​The report outlines all available projects along the coastline from Al Alamein to Marsa Matrouh, with a special focus on the five most up-and-coming cities on the coastline this year: New Alamein City, Sidi Abdelrahman, El Dabaa, Ras Al Hekma and Garawlah.

Egyptian economic expansion to stabilize to around 4.5% between 2021, 2022: Savills Egypt

Wed, 16 Jun 2021 - 11:52 GMT

The company noted that real estate sector’s strong performance underpinned by resilient economy and strong demographics.