real estate

Al Ahly Sabbour CEO on Covid-19 and the Real Estate Sector

Wed, 09 Sep 2020 - 09:58 GMT

Ahmed Sabbour speaks about the company’s new approaches to deal with the impact of COVID-19 and how the latter have reflected on market dynamics.

President Sisi warns of illegal constructions, 100-year impact of delay in developmental projects

Sat, 29 Aug 2020 - 12:29 GMT

"Officials who aren’t able to impose order by dealing with construction violations have to resign," President Sisi.

Egyptian tycoon El Gammal dies after long sickness

Mon, 06 Apr 2020 - 09:44 GMT

The Egyptian businessman and former diplomat Mansour El Gammal died Monday after a long sickness.

Emerald records profits of LE 26.15M during 2019

Sun, 23 Feb 2020 - 01:38 GMT

According to a filing to the Egyptian Exchange (EGX), the revenues rose to LE 59.32 million, compared to LE 56 million in the previous year.

Cairo real estate market performs positively in Q3: JLL

Thu, 07 Nov 2019 - 04:21 GMT

"With limited new supply and increased visitor arrivals, the Cairo hotel market is expected to perform strongly over the next 12 months," JLL anticipated.

New cities’ facilities may be offered to investors in B.O.T.

Wed, 02 Oct 2019 - 08:00 GMT

The reason is the large size of utilities needed.

Updates on New Alamein City amid PM visit

Sat, 24 Aug 2019 - 03:01 GMT

Prime Minister Mostafa Madbouly held on Saturday a meeting with the officials of construction companies working in New Alamein City and Minister of Housing.

Plan to settle export incentives debts disclosed

Mon, 05 Aug 2019 - 03:10 GMT

The estimated value of government debts that should be settled with exporters is LE 2 billion.

The Dawn of Interior Design

Sun, 30 Jun 2019 - 07:30 GMT

With a flurry of development projects across the country, there’s never been a bigger need for interior design services

MARAKEZ to open largest Mall in the Delta Region in Tanta in Fall 2019

Thu, 20 Jun 2019 - 12:08 GMT

MARAKEZ for Real Estate Investment, one of the largest mall developers and operators in the Middle East is expecting Mall of Tanta

Egypt's share of real estate’s exports in Middle East marks $500M

Sun, 16 Jun 2019 - 01:30 GMT

Madbouli noted that this figure is very low in light of Egypt's potential and advantages.

‘Builders of Egypt’ to seek opportunities for reconstruction of Iraq, Libya

Fri, 14 Jun 2019 - 01:49 GMT

The forum will be seeking available investment opportuities for construction and building materials companies for the reconstruction of Libya and Iraq.

‘Builders of Egypt’ adopts building exports as theme

Tue, 11 Jun 2019 - 12:00 GMT

The fifth “Builders of Egypt” Forum themed “Building Exports as a New Future for Investment” will kick off on June 16.

5 sectors to drive estimated GDP growth of 5.6% in FY2019-20

Tue, 04 Jun 2019 - 02:46 GMT

The GDP is expected to hit LE 6 trillion ($358 billion) in the FY2019-2020, achieving a 5.6 percent growth driven mainly by five industries.

Egypt achieves primary surplus of LE 35.5B, budget deficit of 5.3%

Tue, 07 May 2019 - 11:15 GMT

The finance minister affirmed that Egypt will achieve the target growth rate of 5.6 percent by the end of the current fiscal year.

Stock market ready to finance expansion of real estate companies

Mon, 18 Mar 2019 - 12:19 GMT

Now, there are 36 real estate companies registered in the Egyptian bourse at a capital of LE 85 billion.

Scope Real Estate to pump LE150M investments

Sun, 17 Mar 2019 - 03:29 GMT

The Company intends to launch new investments in New Cairo and the new administrative capital through its investment plan.

Palm Hills Developments wins 'Exceptionally Innovative Project' award for Badya

Tue, 05 Mar 2019 - 01:19 GMT

“This award underscores Palm Hills Developments’ success in pioneering the concept of innovation in the real estate market," CEO said.

16 officials at real estate tax authorities referred to court

Tue, 05 Mar 2019 - 12:53 GMT

They collected less revenues by LE130 million and manipulated the value of the units.

Amer Group to optionally delist shares from EGX

Thu, 28 Feb 2019 - 01:31 GMT

Amer’s extraordinary general meeting (EGM) will discuss the optional delisting and purchase of the shares from shareholders opposing the move.