real estate

Antoine El Khoury, Managing Director of TAMEER shares insights on the real estate’s present and future

Mon, 11 Oct 2021 - 11:41 GMT

We had a conversation with Antoine, on the margin of Cityscape Conference, where he shared his thoughts about real estate and investment.

“Armonia Walk”: A Once in a Lifetime Chance for Investment with 50% Partnership and Guaranteed Rental for 3 Years

Sun, 01 Aug 2021 - 11:25 GMT

The Land Developers has got your back with its newest commercial venture – Armonia Walk in the heart of the new capital, bringing you a fully integrated commercial strip with retail units, healthcare units, and office spaces, in addition to a gym and a supermarket.

70% booking in Aqarmap Online Expo came from Egyptian expats

Tue, 13 Jul 2021 - 08:41 GMT

“We had a huge number of bookings from Expats living in Saudi Arabia, USA, France, Germany, UAE, Qatar, Kuwait, and Morocco. Clearly, our adoption rate is expanding and we are not serving the innovators and early adopters anymore,” Almsaodi added.

Egypt's Central Bank launches LE100B initiative for mortgage financing

Tue, 13 Jul 2021 - 12:33 GMT

This comes in implementation of the directives of President Abdel Fattah El-Sisi, President of the Republic, to provide the opportunity for citizens of low and middle incomes to obtain adequate housing at subsidized prices and over long-term periods of time.

Aqarmap Online Expo takes place on July 9 with participation of 15 big Real Estate Developers

Tue, 06 Jul 2021 - 05:53 GMT

The companies offer interested clients immediate discounts ranging between 5 percent and 10 percent on the unit.

Egypt's real estate transaction tax achieves LE7B annually

Tue, 29 Jun 2021 - 03:47 GMT

Maait added that the real estate tax is one of the oldest types of taxes in the legislative system, noting that it is a tax imposed when real estate is disposed of by sale, and the burden of which is borne by the seller, not the buyer.

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.

City Edge Developments Signs a Memorandum of Understanding with Sky Investments

Tue, 15 Jun 2021 - 05:07 GMT

City Edge Developments signed a strategic memorandum of understanding with Sky Investments that allows the company to take part in the marketing, leasing, and property management of brands in CED’s project in Sheikh Zayed.

While targeting sales of EGP 2.5bn in 2021 Nile Developments generated EGP1.2bn sales from North31 within two months

Sun, 30 May 2021 - 12:12 GMT

Nile Developments posted EGP1.2bn sales from its North 31 “Festival Towers", its first project in the New Administrative Capital, within two months.

MG Developments targets 3 billion pounds in contractual sales in 2021

Wed, 19 May 2021 - 12:12 GMT

MG Developments announced that it is targeting an expansion strategy during 2021 through a number of already existing projects, as well as a number of other projects that will be launched during the coming period

Finance min.: Automating real estate tax management system to facilitate access to access to e-services

Tue, 04 May 2021 - 03:03 GMT

This step is also in line with Egypt's Vision 2030 and the country's digital transformation strategy, the Finance Ministry said in a statement on Tuesday.

Antoine El Khoury Managing Director of TAMEER shares insights on the real estate investment outlook for Egypt

Mon, 26 Apr 2021 - 12:30 GMT

Antoine is the Managing Director of TAMEER, the oldest real estate developer in Egypt, with a heritage of 27,500 units delivered over the last 67 years.

Progress rate of Egypt's new 'Garden City' neighborhood revealed

Mon, 19 Apr 2021 - 01:54 GMT

Its architectural design is a mix of baroque and more modern styles of French architecture.

Tax authority sets March 31 as deadline for receiving real estate tax statement

Wed, 24 Mar 2021 - 11:37 GMT

Any house valued less than LE 2 million will be exempted from tax but its owner should present his statement before the end of this month.

Egyptian pres. instructs CBE to launch real estate financing program offering 30-year loans with 3%-interest max

Mon, 15 Mar 2021 - 10:35 GMT

The program is targeted at low and middle income citizens.

Capitalizing on its Success, Tatweer Misr Launches its Latest D-Bay Project in the North Coast

Wed, 03 Mar 2021 - 11:16 GMT

Ahmed Shalaby: Following the success of Fouka Bay, a second destination for Tatweer Misr in the North Coast was necessary to build on our unique value proposition

La Verde Developments aims to invest LE 1B in Egypt during 2021

Tue, 02 Mar 2021 - 03:48 GMT

Lashin added in a statement, that the company aims to achieve about LE 900 million in sales from its projects during the current year 2021.

Egyptian gov't reviews cases exempted from real estate disposal tax

Sun, 28 Feb 2021 - 02:48 GMT

Cases exempted from the tax on real estate transactions according to the law, are "providing the property as an in-kind share in exchange for a share in the capital of a joint-stock company, provided that the corresponding shares are not disposed of for a period of five years."

Real estate registration "optional" for those who already have all basic facilities

Thu, 25 Feb 2021 - 09:40 GMT

The head of the authority explained, in a TV interview, that the Real Estate Registration Law requires real estate registration for the delivery of those facilities, and those facilities that have already been connected will not be cut off.

TAMEER launches "THE BUSINESS LOUNGE" in New Cairo

Wed, 24 Feb 2021 - 03:06 GMT

An interview with Antoine Khoury, Managing Director of Tameer