real estate

Non-banking financial sector reports significant growth in Q1 2024: FRA

Thu, 13 Jun 2024 - 10:56 GMT

In its report, the FRA explained that total loans for micro, small, and medium enterprises (MSMEs) in Egypt surged to LE 62.8 billion in March 2024 from LE 40.9 billion in March 2023

Cairo real estate market surges by 83% in 6th of October, by 95% in New Cairo

Wed, 08 May 2024 - 02:14 GMT

Cairo's tourism and hospitality sector is being strengthened through cross-border collaborations, an increase in foreign direct investment (FDI), and a LE 50 billion initiative to enhance tourism.

PM holds meeting to boost real estate exports, activate investment funds

Wed, 08 May 2024 - 01:12 GMT

The meeting aimed to explore opportunities to attract foreign buyers and generate new foreign exchange sources for the Egyptian economy

Bold Routes for Real Estate Brokerage and Consultancy Launches Its First Regional Office in Dubai

Fri, 19 Apr 2024 - 10:57 GMT

The inauguration of our Dubai office is a significant milestone, following the successful establishment of nine branches in Egypt within our first year.

“Theqa” …A Flagship Solution by Madinet Masr to Eliminate Maintenance Deposit Challenges in the Real Estate Sector

Sun, 07 Apr 2024 - 01:08 GMT

Stemming from its 65-year legacy and expertise in the Egyptian real estate sector, with its proven innovation leadership that aims to create cutting-edge solutions to the major challenges facing the sector and customers, Madinet Masr unveiled "Theqa" through its innovation arm, "Madinet Masr Innovation Labs".

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