REAL ESTATE

25 May 2015

Egypt approves Arabtec's 'million homes project'

Dubai-based builder Arabtec has received Egyptian cabinet approval for a housing project to build a million homes, said Egypt's assistant housing minister Khaled Abbas on Monday a day after media reports stated that the deal had fallen through.


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12 May 2015

UAE offers $1.43bn to build 50,000 homes in Egypt

The UAE has signed a cooperation pact with Egypt’s Ministry of Housing to finance the construction of 50,000 residential properties in 17 governorates at a value of EGP11 billion ($1.43 billion), a report said.

According to the agreement, the constructed properties will belong to the Social Housing Fund, added the Daily News Egypt report, noting...

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06 May 2015

Hilton Spotlights Modern Manners with Award-Winning Journalist Steven Petrow

“Be mindful of your manners.” What was once a standard reminder to say “please” and “thank you,” has now evolved far beyond a few simple polite nuances. To spotlight the do’s and don’ts of modern manners, Hilton"...

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04 May 2015

EFSA preparing 1st real estate financing federation elections

The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development Partners” conference, taking place on 12 May, as part of the “Partnership for Development” initiative.


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04 May 2015

Campaign to build studio apartments for youth


A new campaign entitled “We need a 35 sqm apartment” has been launched by some Egyptian youth to market for the idea and demand that the government build such residential units.


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03 May 2015

PHC, Housing Ministry negotiate on 2 real estate projects: PHC Managing Director

New real estate law, implemented earlier this year, should help collect the full amount by the end of the current fiscal year, which began on the 1 July. Photo courtesy of Palm Hills Development.


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03 May 2015

Avant wins global Green Era Award for sustainable flooring solutions

Avant Holding GmbH, the leading German company that produces high quality construction and interior products for commercial and domestic sectors, bagged the coveted global ‘Green Era Award’ in recognition of its outstanding sustainable practices and environmental achievements.

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29 Apr 2015

Tabarak Holding to launch EGP600m residential project with 1,300 units

Tabarak Holding Company, a privately-owned Egyptian real estate developer, said it established a new firm that will take on the construction of a EGP 600m residential compound to meet a housing dearth.

Tabarak’s chairman Ali Al-Shorbani said a subsidiary named “New Horizon”"...

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27 Apr 2015

Applicants for ‘Dar Misr’ housing project can amend reservations until 14 May

Applicants for the medium-level housing project, entitled Dar Misr, can amend their reservation details from 26 April to 14 May, the New Urban Communities Authority (NUCA) announced in a Sunday statement.


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