real estate

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.

Top 10 developers generate LE168B sales in H1 with 88% annual increase

Mon, 07 Aug 2023 - 02:59 GMT

The driving force behind this growth can be attributed to the devaluation of the Egyptian pound against the US dollar, prompting individuals to secure their funds through more stable investment avenues, capitalizing on the potential for price appreciation.

Egyptian Cabinet drafts amendment to law regulating foreigners' real estate ownership

Thu, 06 Jul 2023 - 05:14 GMT

The Cabinet finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners.

Egyptian Real Estate faces challenges with low registration rates: EBA

Sun, 02 Jul 2023 - 01:21 GMT

The low registration rates stemmed from a combination of bureaucracy and lengthy procedures, he explained

Maboudly, Real Estate Development Chamber discuss measures to boost sector

Mon, 29 May 2023 - 11:58 GMT

Shoukry, also the undersecretary of the Parliament’s housing committee, explained that one of the main demands by the committee was to conduct a study on reducing service fees abroad

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.

Egypt's real estate & hospitality industries to recover: JLL report

Wed, 19 Apr 2023 - 03:47 GMT

JLL’s Cairo Real Estate Market Overview Report for Q1 2023 predicts that the expected FDI inflow will relieve pressure on real estate activities across the country, particularly in Cairo

Egypt's TSFE reveals plan for former headquarters of Interior Ministry in downtown Cairo

Tue, 28 Mar 2023 - 01:30 GMT

The Sovereign Fund of Egypt (TSFE) announced Wednesday signing a contract with Aya for Real Estate Development.

Egypt seeks to issue title deed insurance policy to motivate foreigners to buy real estate

Thu, 09 Mar 2023 - 04:15 GMT

Farid affirmed, during a press conference held, Thursday, that this document will help motivate non-Egyptians to buy Egyptian real estate, because it will be an insurance policy against the risks of not proving ownership.

‘Garden Lakes’ Doors Are Officially Open In West Cairo By Hyde Park

Mon, 28 Nov 2022 - 01:24 GMT

Hyde Park Developments, the leading Real estate giant, hosted a major event in the heart of 6 October City to introduce and set forth their latest project ‘Garden Lakes’ in Hyde Park West

Industry leaders discuss sustainability road map for real estate in Egypt

Sun, 06 Nov 2022 - 07:29 GMT

This came in a panel held by Savills Egypt where the focus was on the most pressing topics around the Environmental, Social, and Governance (ESG) factors, their cost, and the growth opportunities they present in the real estate industry ahead of “The Conference of Parties 27 COP27” in Egypt.

Housing and Development Bank (HDB) launches Housing & Development Properties (HDP) Company for Real Estate Marketing

Sun, 06 Nov 2022 - 01:10 GMT

HDB has over 20 affiliated companies that provide integrated real estate, financing services: Hassan Ghanem

Egypt's GAFI chief visits Qatar to discuss potential projects

Tue, 07 Jun 2022 - 05:41 GMT

Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab held a series of meetings in Qatar Monday to discuss new projects as well as existing ones.

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 CAPMAS releases figures on houses built in 1 year

Tue, 03 May 2022 - 10:54 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) released Tuesday figures on residential units built in FY2020/2021.

Progress rate of Egypt's New Alamain City construction unveiled

Tue, 19 Apr 2022 - 03:51 GMT

A public beach is being introduced in a bid to dispel the perception of the novel coastal destination as exclusive to the rich.

'Current timing mandates reaching fair price for steel, cement': Egypt's PM

Thu, 14 Apr 2022 - 10:49 GMT

Prime Minister Mostafa Madbouli met Wednesday with large cement and steel manufacturers at the Cabinet's headquarters to discuss the hike in prices.