Real Estate News
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Q Developments initiates it business in Egypt’s real estate market
Q Developments plans to launch 3 projects in North Coast and Alexandria, with investments worth EGP 9bn.
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On 80th anniversary, Dorra maintains leadership in Egypt’s real estate market
Sultan added that the company began executing its own real estate projects such as Zayed 2000, Zayed Residence, and Zayed Heights.
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Egypt OKs new facilitations for investors, real estate developers
The facilities also include granting real estate developers a reduction of 50% on the interest applied on the due installments.
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Orascom Development: Earnings release 2022
The company's top line, bottom line, and real estate sales figures were the highest in more than ten years.
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JLL: Record inflow of FDI and substantial support from regional developers
Trading Economics recorded that FDI in the capital had reached an all-time high of USD 7.7 billion in Q1 2022.
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Heliopolis Housing’s in Egypt profits leap 234.8% YoY in 6 months
The company’s operating revenues grew to EGP 1.99 billion in the six-month period ended December 31st.
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Egypt amends controls for pricing of industrial lands
The Egyptian Cabinet approved a draft decision to amend a resolution regarding controls for the management and pricing of industrial lands.
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Egypt’s housing market is showing signs of improvement
In nominal terms, house prices surged by 25.35% during 2022, a sharp acceleration from an annual increase of 3.58% in 2021.
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Schneider Electric showcases its unique expertise in the Egyptian real estate market at MIPIM 2023 exhibition in France
The exhibition was an excellent opportunity to highlight Egypt's exceptional real estate experience on a global scale.
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Egypt’s Roya Developments, ACE Moharram-Bakhoum sign strategic partnership agreement
ACE to provide comprehensive project management and supervision services for Roya’s projects.
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Tabarak Holding launches 4 exhibitions in Gulf region for Egyptian property export
Vice President of Tabarak Holding Bassem ElShorbany stated that the exhibitions in the Gulf countries met with a strong demand by Egyptian communities
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Eight Developments, Gaballah Group sign contract with Mission 235 for Revolve Mall management
He pointed that according to the state’s plan to export real estate, which contributes approximately 20% out of the Egyptian national income.
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New partnership arises between Misr El Kheir, Al-Futtaim Group Real Estate
Educational, service projects inaugurated at Manshaal Al-Dahab Al-Qibliyya village in Minya.
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Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
The company said in a statement that, after consultation, Orascom Development and SODIC decided not to proceed with that deal.
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El Obour Real Estate’s profits surge 55% YoY in 2022
Revenues grew 14.8% to EGP 114.22 million last year from EGP 99.45 million in the previous year.
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Strong presence of Egypt’s real estate developers in MIPIM in Cannes
Egypt’s participation in MIPIM, the world’s leading real estate market event, is an important marketing opportunity for its urban renaissance.
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Raaed Developments launches ROOTS compound in New Sohag with EGP 1.8bn investment
Raaed Developments has announced the launch of its flagship project, ROOTS, in New Sohag, with a total investment of EGP 1.8bn.
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Tatweer Misr signs MoU with Saudi Arabia to facilitate investment opportunities in Kingdom
The collaboration comes in light of Tatweer Misr’s expansion strategy, which aims to diversify its portfolio of projects.
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Madaar to invest EGP 5bn in its projects in 2023
He added that the company continues to carry out Azha Sokhna’s construction, after investing billions of Egyptian pounds.
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Egypt's West Way Developments to launch new projects in 2023
The first project, a 5-acre, 36-villa development, involves an investment of EGP250 million ($8 million).