04 May 2016

NPA to profit by EGP 48.4m from printing social housing project documentation

The National Postal Authority (NPA) posted profits estimated at EGP 13.2m from 23 to 30 April when the authority printed brochures for the social housing unit project detailing the terms and conditions as well as the particulars of sale.

According to the authority, 300,000 brochures"...

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02 May 2016

Emaar Properties first-quarter profit up 17% to Dh1.21 billion

Property sales in Dubai helped lift Emaar Properties’ first quarter profit by 17 per cent, despite a continuing slump in prices.

Dubai-listed Emaar yesterday posted a net profit of Dh1.2 billion, meeting an average of estimates compiled by Bloomberg, and"......

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26 Apr 2016

Sinai Development Agency invested EGP3.8bn in H1 FY 2015/2016

The government invested EGP 3.8bn in the Sinai Peninsula during the first half of FY 2015/2016, the Sinai Development Agency stated.

The agency added that 32% of the projects have been fully implemented, according to the state-owned MENA news agency.


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25 Apr 2016

July 19: Cairo to host Elite Arabs for Real Estate Investment conference

The Company “Eskan Global” declared its preparation to launch a conference at Cairo International Convention Center from 19th to 23rd of July 2016.

The biggest real estate companies, real estate developers and a number of high-end engineering consultancy"......

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25 Apr 2016

68,000 TOR for land plots offered by Housing Ministry sold within 5 days

The Ministry of Housing, Utilities and Urban Communities announced that the Housing and Development Bank (HDB) has sold within five days 68,074 terms of reference (TOR) for 21,398 land plots offered by the ministry in 21 new cities through public lottery.


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23 Apr 2016

Low-income citizens can apply for 500,000 affordable housing units: Egypt ministry

Egypt’s housing ministry announced on Thursday that low-income citizens will be able as of Saturday to purchase tender specification booklets to see if they are eligible to apply for one of over 500,000 affordable housing units currently under construction, state news agency MENA reported.


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18 Apr 2016

ERA launches real estate education programme

ERA Commercial Egypt has launched SkillBuild/Benaa, a real estate education programme. SkillBuild/Benaa is ERA’s first corporate social responsibility programme and the first in the wider Egyptian real estate industry.

ERA Commercial Egypt, in collaboration with the Arab Academy"...

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14 Apr 2016

Toranomon Hills Evolving as a Global Business Hub

(ME NewsWire)--announced an extensive slate of large-scale redevelopment projects involving the construction of three towers around the existing ......

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12 Apr 2016

5th Cityscape Egypt successful amid booming projects

The fifth edition of Cityscape Egypt, the country's largest real estate exhibition, proved to be a huge success.

Ninety exhibitors and thousands of visitors participated in the 4-day event (April 7-10) held at the Cairo International Exhibition Center.


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11 Apr 2016

Tatweer Misr launches Crystal Lagoons in Il Monte Galala project

Tatweer Misr signed a contract with Crystal Lagoons to create the first manmade lagoons in Sokhna Mountains, according to press statement released by the company on Saturday.


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