Real Estate News
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El Batal Developments has signed a strategic alliance with Mission235
El Batal Developments announced the details of the agreement during a special event held at its headquarters in Sheraton Cairo.
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West Leaves in Egypt: Construction work activated for new $229m El Attal project
Construction has started on the $229 million West Leaves in Egypt, a project under development by El Attal Holding in Egypt’s 6th of October City.
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Orascom signs $151m deal with Egypt government and settles environmental charges
The plan will also allow Orascom to develop about 1.2 million square metres of connected lagoons and build 1,000 hotel rooms every 10 years, it said.
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Diarna Real Estate launches the fourth edition of "The Capital Egypt expo" on February 25
The event will be on February 25 at Triumph Hotel, Heliopolis, which will be one of the largest specialized exhibitions in the new capital.
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Ora developers Egypt group to acquire new land in Egypt’s ElSheikh Zayed extension
The land acquisition was part of an EGP 24 billion investment, to develop a project that will enclose residential and non-residential units.
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Egypt’s City Edge appoints Counsel Masters to operate its $133mln North Square Mall
Al-Dahaan added that City Edge will launch Latin district project in New Alamein City this year and will start delivering New Alamein Towers next year
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Egypt's Menassat Developments launches commercial project in New Cairo
Egyptian developer Menassat Developments has launched a commercial project in New Cairo at total investment of one billion Egyptian pounds, ($33mln).
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Qatari Diar inaugurates construction of new phase of CityGate New Cairo with total investments of EGP 1.75bln
Opal 3D-A and Garnet 3D-B at CityGate New Cairo, a self-sustaining city in the heart of New Cairo – located 30 minutes away from Cairo Airport.
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Egypt offers land to foreign investors for housing projects
The New Urban Communities Authority (NUCA) unveiled the offer which involves nearly 597 acres (2.4 million sq metres) of land in New Cairo City.
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Banks inject EGP 53.2bn in mortgage financing initiative for low-income individuals
This comes within the framework of the mortgage financing initiative for low-income individuals, until the end of January 2023, which is 95.8% of fund
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The "Nile Property Expo" has gained the Prime Minister's patronage in 2023
Dr. Mostafa Madbouly, Prime Minister, agreed to sponsor the "Nile Property Expo" and Conference during 2023.
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AAIB could exit Palm Hills in stake sale to Emirati investor
Arab African International Bank (AAIB) is looking to sell its entire 12.7% stake in EGX-listed Palm Hills Developments to Emirati investment.
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Egypt unveils new support for new cities’ real estate developers
Projects that have been or are being granted a grace period in exchange for fees, they will be also granted the 20% deadline extension.
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Egypt's White Eagle Developments launches Darvell Business Complex in the NAC
$26mln commercial project is scheduled to be completed in two years.
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Iraqi NIC plans housing projects with Orascom
The Chairman of the National Investment Commission discussed on Tuesday a number of investment opportunities in the real-estate sector with OIH.
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Mountain View achieves a remarkable sales milestone of EGP 31bn in 2022
With this exceptional sales record, Mountain View continues to maintain its position among the largest real estate developers in terms of sales.
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ODE’s net real estate sales jump 20.7% YoY in 2022
O West was the biggest contributor to new sales with 44.3%, followed by El Gouna with 9.5%.
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Real estate officials present urgent solutions to solve sector problems
The meeting concludes with a set to solutions to mitigate the impact of recent crisis on the market, including adding a net-zero interest period.
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El Batal Developments finished concrete works of the largest administrative building
"El Batal Developments" Company will be preparing during next February to complete all concrete works for its "Rock Capital 1" project.
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TMG contributes with EGP 5bn in CSR programmes
Hisham Talaat Moustafa said that TMG believes in the need to embody its CSR as a "moral and professional value".