Real Estate News
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Patement proptech Platform raises $1.5 million
Partment offers a hassle-free solution for second home co-ownership through the digital platform and smart booking system
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Egypt's Housing & Development Bank sees over $1mln block trading deal
In the first half of 2022, HD Bank reported higher consolidated net profits by 29.9% annually.
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Investments in Egypt's construction sector hit LE600B annually
This came during the inauguration of the fourth edition of The Big 5 Construct Egypt exhibition.
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Misr Italia to deliver 800 units in IL BOSCO
El-Assal said that IL BOSCO was built on an area of about 200 feddan in R7 at the New Administrative Capital (NAC).
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2022 to open new opportunities in Egypt's real estate market
Egypt was one of the few emerging market countries that experienced a positive growth rate thanks to the government’s timely response to COVID-19.
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Intelligent Cities Exhibition kicks off 27 October
Intelligent Cities have become essential to achieve better quality of life for current and future generations.
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Arkan Palm receives EGP 1.5bn finance
5 banks partner to provide financing, including Export Development Bank of Egypt, Housing and Development Bank, United Bank, Suez Canal Bank & others.
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Egypt's economy riding high on $354.8bn project pipeline
A major event for the building sector, The Big 5 Construct Egypt will be back on June 26 and run until June 29.
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New strategy for housing in Egypt
Egypt’s first National Housing Strategy was launched in Cairo this week, with a view to guaranteeing everyone the right to adequate and safe housing.
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Egypt’s real estate market witnesses robust demand
Ongoing construction of 20 new cities across Egypt, in addition to development of 23 existing ones, present attractive investment opportunities.
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Mountain View alters property designs to meet COVID-19 market
The project has achieved a significant EGP 2bn in sales in only four days, according to Mountain View Chairperson Amr Soliman.
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The Big 5 Construct Egypt preparations underway
The event is scheduled between September 22-24 of 2020 in the International Conference Center in Cairo.
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Half of land sold for Egypt new capital
The government has said it wants to start running Egypt from the new city as soon as the middle of next year.
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Cabinet vows to empty Cairo from government buildings by 2020
Madbouli asserted that there is a mandate from President Al-Sisi to develop Cairo through moving state administrative headquarters to the New Capital.
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Egypt's new capital: Big project, big challenges
Egypt wants to start running the nation from a new capital in the desert from mid-2020, but the $58 billion project is struggling to raise funds.
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Egypt's Arab Contractors eyes $57.2mln business volume in Africa
The company plans to compete for executing various infrastructure projects.
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Cityscape Egypt focuses on energising real estate market, re-instating confidence
Event will take place across Egypt, Saudi Arabia, UAE between March 24-18.
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Developers expect more sales stability, mergers in real estate market in 2019
Real estate developers stressed that if fuel prices rise, this will reflect a 15% increase in real estate prices during 2019.
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Egyptian PM says business district in New Capital one of biggest Egypt-China joint projects
The first phase of the project is carried out on 2.7 million square meters involving green areas and garages as well.
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Investments in New Damietta City hit EGP 7.2 billion, Egypt's PM
Nearly 984 distinguished housing units were finalized and will be poured onto market soon.