REAL ESTATE

20 Feb 2019

Alassema Construction targets EGP 6bn sales from its new project in NAC

Alassema for Construction company targets achieving EGP 6bn sales of its new residential project in the New Administrative Capital (NAC), according to Mostafa Mansour, the chairperson of the company.

Mansour said"...

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19 Feb 2019

Cityscape Egypt focuses on energising real estate market, re-instating confidence

Informa Middle East, Cityscape’s portfolio of events organiser, will roll-out a trio of back-to-back events across Egypt, Saudi Arabia, and the UAE between March 24 and April 18.

With the specifics in market"...

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19 Feb 2019

TSM launches 1st phase of Zagazig New City Mall in Sharqeya worth EGP 60m

TSM Mall Management has inaugurated the first phase of the New City Zagazig Mall project in Zagazig city, Sharqeya governorate, which the company manages and markets exclusively for a group of investors.

Mohamed"...

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17 Feb 2019

The Soaring AKH Tower is Changing Dammam’s Skyline

2019 Serving as the new headquarters for the prominent Al Abdul Karim Holding (AKH) company in Dammam, the AKH Tower is now open for business. Designed and supervised by Dewan Architects + Engineers, the dramatic 37-storey building ranks as the tallest building in Dammam and the 30th tallest"...

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13 Feb 2019

Linesight Collaborates on Five-Star Leisure Resort on Palm Jumeirah 

(AETOS Wire)-- W Dubai – The Palm is now welcoming its first guests. The impressive project was delivered on specification and within budget expectations. The five-star hotel consists of three buildings and spans 100,000sq.m. across Palm Jumeirah’s Western Crescent. Alongside the 350 luxury rooms and suites, the hotel – managed by Marriott International – features a clubhouse, a 475-metre beach, several pools and restaurants, landscaped gardens, back-of-house areas and state-of-the-art security. In addition, W Dubai – The Palm’s culinary attractions include two Michelin-starred chefs - Massimo Bottura presents......

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10 Feb 2019

Cement investments in Egypt hit LE250 bn, official

Cairo: Executive Director of the Cement Division Noha Bakr said Wednesday that cement industry employs more than 50,000 direct employments، and 200,000 non-direct employments with an estimated investment volume exceeding EGP 250 billion of which 52% are foreign investments.

In"...

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07 Feb 2019

Libyan-Egyptian cooperation protocol in the field of building materials

The Libyan-Egyptian Chamber of Commerce signed a cooperation protocol with the Egyptian Building Materials Chamber in Cairo to enhance trade exchange between the two countries in the field of building materials for reconstruction projects.

Head"...

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06 Feb 2019

Egypt to invite world investors to build, operate 200 schools by June

Cairo: Ministry of Finance is poised to invite bidders to build and operate 200 schools by late June, a step towards building distinguished schools on basis of private-public partnerships (PPP).

'The prospective"...

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04 Feb 2019

Booking Proceedings Milestone of 249 Residential Units in Bawabat Tiba Project in Medina Achieved by 16/1/2019

Al Mosoqoon Real Estate Company for Investment and Development celebrated a milestone on 16/1/2019, with the booking of 249 residential units in Bawabat Tiba project in Medina, within the Sakani program proposed by the Ministry of Housing.

Eng."...

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30 Jan 2019

Developers expect more sales stability, mergers in real estate market in 2019

Real estate developers predicted that in 2019 the real estate sector will witness a state of relative stability in sales as a continuation of the last quarter of 2018. They stressed that if fuel prices rise, this will reflect a 15% increase in real estate prices during 2019.

They"...

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