REAL ESTATE

28 Sep 2016

Hyde Park launches Park Corner residential phase in New Cairo

Egyptian property developer Hyde Park Real Estate announced Monday a new residential phase named Park Corner as part of its flagship development Hyde Park in New Cairo.

With investments worth 5 billion Egyptian pounds"...

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27 Sep 2016

Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly

As the Ministry of Housing works to put together a strategy to revitalise the real estate sector and provide housing for low- and middle-income citizens, some believe that it is not enough to meet the rising demand on the market and bridge the housing gap that has formed over the years.

The"...

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26 Sep 2016

The First Group’s Millennium Place JVT Dubai Honoured At Prestigious International Property Awards

Millennium Place JVT Dubai, one of the latest hotel projects from leading Dubai-based property developer The First Group, has received a Highly Commended Award in the Best New Hotel Design & Construction category at the 2016-17 Africa & Arabia"...

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21 Sep 2016

Al Thuriah Launches Exclusive Sahara Tower 6 Amid Increasing Investor Interest

  • Sahara Tower 6 to be completed in December 2019
  • One, two and three bedroom apartment units at coveted location
  • The project’s foundation is laid and development is in full swing

Al Thuriah Properties, the UAE’s"...

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21 Sep 2016

Real estate bubble does not exist in Egypt: developers

Real estate bubble does not exist as this sector is a real market from the demand side, according to SODIC Managing Director Magued Sherif.

Half of the population under the age of 25 are victims of the housing gap."...

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20 Sep 2016

UAE Al-Futtaim’s investments in Egypt currently exceed $1 billion

Dubai-based conglomerate Al-Futtaim Group’s total investments in Egypt currently exceed $1 billion, said country head, Gamal Moharam announced Monday.

Government and central bank of Egypt have to cooperate to"...

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20 Sep 2016

Saturation of real estate market unlikely in coming years: Colliers International

Demand for residential units are expected to increase by approximately 115,000 units every year, according to regional director at Colliers International Middle East and North Africa Ian Albert, who further explained that saturation of the real estate market is unlikely due to an undersupply of units.

Colliers"...

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19 Sep 2016

1.2 m housing units constructed in Egypt in past 5-year: CAPMAS

The number of housing units constructed in Egypt during the past five years is 1.2 million, with investments up to EGP 109.6 billion by the public and private sectors, a CAPMAS report revealed on Sunday.

In"...

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19 Sep 2016

1.2 mln housing units constructed in Egypt in past five years: CAPMAS

In its report on housing in Egypt, CAPMAS shows that public expenditure in the housing sector amounted to 41.7 percent, while private sector spending stood at 58.3 percent.

The number of housing units constructed in Egypt during the past five years is 1.2 million, with investments up to"...

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18 Sep 2016

Lebanon Is Calling; It’s Time to Come Home!

Sakr Real Estate is pleased to announce their presence in the UAE from the 21st till the 24th of September at the JW Marriott Marquis Hotel, Dubai. Their visit comes on the occasion of their participation and recognition at the International"...

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