Real Estate News
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Egypt and UAE talk real estate
During the crown prince’s visit to Cairo, the UAE allocated $4bn in funding to support development in Egypt.
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Egypt's Redcon targets business worth $168mn by 2017
Egypt-based Redcon Construction Company aims to expand its volume of business in the Egyptian market to reach USD 168 million by 2017.
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69% of real estate professionals confident in market growth
Investors and real estate professionals have much to be optimistic about.
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1,560 units built in New Tiba city
A total of 5,352 new housing units are being built in the city, says Madbouly.
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Egypt's property developer Emaar Misr saw net profit doubled in 2015
Emaar contributed to the rise in profits by delivering of 819 units across its developments.
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Property developers report record activity in Egypt
Cityscape Egypt set to welcome record number of buyers and sellers through its doors as real estate industry begins to boom.
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Chinese firm to start drilling at administrative capital site in April
The government signed contracts with CSCEC for 12 buildings, including ministry headquarters, the cabinet and parliament headquarters.
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Egypt's Pioneers to complete Rooya listing in H2 2016
Rooya has a real estate portfolio of about 9 million square metres, with 6 million of that currently under development.
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Egypt's el-Sissi directs $127.7 million for housing units
MENA said today the financing would come from Tahya Misr.
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Egypt's Amer Sees Import Rules Saving $20 Billion in 2016
Authorities tightened rules to finance the imports of goods deemed non-essential and asked importers to register their foreign suppliers with the gov.
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Egypt: Real Estate Market 2015
This is extracted from Africa Report that provides an overview of the continent's diverse property markets.
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Egypt Said to Offer Saudi Arabia Projects in Housing, Tourism
The move comes as part of planned investments by the kingdom to help Egypt’s dollar-starved economy.
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Saudi investments in Egypt focus on infrastructure over 3 years
Projects focus on infrastructure as well as some of the logistical, industrial and commercial projects that were announced at Sharm al-Sheikh.
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Two-tiered real estate demand in Egypt
With economic growth steadily picking up, real estate developers in Egypt are looking to opportunities at opposite ends of the real estate spectrum.
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Initiative to help youth own low cost properties gains momentum
Real estate buyers unite and combine their savings to buy apartments at their actual cost, says campaign founder.
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Egypt's Amer Group third-quarter net profit drops 56.4 pct
Amer Group made a net profit of 43.6 million pounds in the third quarter of this year, compared with 100 million pounds in the same quarter last year.
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Construction of a residential compound
Comprising 15 residential buildings.
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Global array instruments Market 2015 Industry Size Share Growth and Forecast
The report gives a detailed overview of the key segments in the market.
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Egypt's stalled $35 bln housing scheme, big dreams to harsh reality
Egyptians were promised one million homes by 2020 at a cost of about EGP 280 billion.
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OCDA to construct 2,111 units in first phase of Dar Misr project
Minister of Housing Mostafa Madbouly had toured Obour City and checked medium-income housing units implemented through the Dar Misr project.