real estate

Emirati ADQ plans to set up free zone in Ras El Hekma

Wed, 20 Mar 2024 - 11:45 GMT

The objective behind this initiative is to create a global financial hub and attract foreign investments, as stated by the sources.

EDGE and CLIFF - The Ark’s Latest and Most Robust Projects in New Cairo

Sun, 25 Feb 2024 - 02:44 GMT

The Ark has unveiled its most significant and first launch to date in New Cairo, with an exceptional location centrally located within the vibrant Fifth Settlement area. This highly anticipated announcement encompasses two flagship projects: CLIFF and EDGE , both on The Ark land.

Turkey's successful experience in exporting real estate is a good model for Egypt: Real Estate developer

Wed, 14 Feb 2024 - 06:04 GMT

An Egyptian real estate developer highlighted the successful Turkish experience in exporting real estate abroad, saying that it contributed to the economic renaissance in Turkey during the recent period.

Town Writers Unveils Its New Project "Notion" in New Cairo

Tue, 13 Feb 2024 - 03:58 GMT

Mohamed Abdel-Fattah: Prioritizing human well-being above all else in developing residential units at Notion Amr Saadawi: We offer sustainable investment and living solutions at Notion New Cairo’s “Notion” project: a residential project providing top-of-the-line solutions in innovation and sustainability

Head of GAFI gives first official confirmation of Ras El Hikma development plans

Thu, 08 Feb 2024 - 10:43 GMT

Heiba’s comments are the first confirmation by an Egyptian official since media outlets began publishing reports last week on the potential sale and development of the area

Record sales in 2023 – real estate developers secure LE 700B in sales

Wed, 07 Feb 2024 - 05:00 GMT

Egypt’s leading real estate developers earned a collective sales figure exceeding LE 700 billion in 2023, surpassing 2022’s total of LE 332 billion, according to a new report by the Board Consulting

Bonyan acquires 8th commercial asset in REDCON Properties’ Golden Gate Project

Wed, 07 Feb 2024 - 02:40 GMT

This is in line with Bonyan’s strategy of acquiring trophy commercial real estate assets cementing its position as the leading real estate investment company in Egypt

Modon Real Estate Development completes strategic alliances and attains the greatest implementation rates in the Administrative Capital

Mon, 15 Jan 2024 - 12:40 GMT

In 2023, Modon Real Estate Development completes strategic alliances and attains the greatest implementation rates in the Administrative Capital. In 2024, the company grows to include East and West Cairo as well as the North Coast.

Cabinet approves sale of land in USD to foreign companies

Thu, 04 Jan 2024 - 02:01 GMT

This is in line with the government’s efforts to attract foreign currency amid an FX shortage that has impacted several sectors

FRA explores trading real estate as assets

Wed, 20 Dec 2023 - 08:48 GMT

He added that the authority has set rules focusing on buildings and administrative projects that generate income.

Madbouly proposes initiative to offer real estate sales in USD

Thu, 23 Nov 2023 - 05:06 GMT

The proposal, developed through collaboration between the cabinet and private sector developers, seeks to attract both Egyptian expats and foreign investors.

Saudi Al Lami Group to invest $500M in Egypt's tourism and real estate sectors

Tue, 21 Nov 2023 - 10:13 GMT

Highlighting the group's commitment to Egypt, Al Lami revealed that the total investments made by his group in the country currently amount to $3 billion

ACUD achieves LE 10B during H1 of 2023

Sun, 12 Nov 2023 - 05:44 GMT

ACUD will announce partnership opportunities soon with the private sector to implement projects together in the Administrative Capital

Real estate exchange expected to be complete with 4 months, EGX chairman

Mon, 23 Oct 2023 - 04:55 GMT

Real estate exchanges are an investment tool for investors or entities to trade ownership of properties for another, this is usually for portfolio adjustments or location optimization

Egypt’s Sovereign Fund reportedly preparing MIDAR for 2024 IPO

Mon, 02 Oct 2023 - 05:05 GMT

The company was added to TSFE’s Pre-IPO fund earlier this year. According to sources, preparations for the potential IPO have begun but did not disclose further details

Social Housing Fund, QNB bank sign protocol aimed at financing affordable housing

Mon, 02 Oct 2023 - 04:53 GMT

The new protocol seeks to facilitate financing options for low and middle-income individuals seeking housing units offered by the Fund

In Continuation of Developing Its Infrastructure: O West Collaborates With Orange Egypt to Provide Its High-Tech Network Services for 10 Years

Sun, 10 Sep 2023 - 10:43 GMT

O West, one of Orascom Development’s fully integrated towns in West Cairo, signed a 10-year agreement with Orange Egypt, the leading provider of integrated telecommunications services. This new partnership allows Orange Egypt to provide O West with cutting-edge network services and advanced digital infrastructure, aligning with world technology standards and Egypt's vision 2030 for digital transformation.

"Touba": Madinet Masr's Innovative Platform for Flexible Real Estate Ownership and Investment

Sun, 27 Aug 2023 - 04:00 GMT

Unlocking Possibilities in Real Estate with Touba's Cutting-edge Approach

Egypt's real estate market to attract $120B in investments from Middle East Sovereign Wealth Funds

Wed, 23 Aug 2023 - 10:27 GMT

According to the report, The UAE already invested in 71 real estate projects in Egypt, amounting to $5.6 billion in 2021.

Egypt explores strategies to boost real estate exporting, trading on stock exchange

Mon, 14 Aug 2023 - 04:17 GMT

These mechanisms also involve evaluating the economic impact of the idea of establishing a real estate exchange, which will serve as a platform enabling investors and real estate companies to buy and sell stakes in real estate assets and invest in them.

More