27 Oct 2016

Egypt completes building 2876 social housing units in Sohag

Egypt has finalised building around 2876 residential units in Upper Egypt’s Sohag as part of a social housing scheme in the city, Sohag governor Ayman Abdel Moneim said Tuesday.

The first phase in Sohag’s"...

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26 Oct 2016

Azizi Developments Launches AED 470 Million Fully-Serviced Residence in Dubai Healthcare City: Azizi Aliyah

Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, has announced its newest project in the emerging Dubai Healthcare City: Azizi Aliyah. The fully-serviced residence, a B+G+2P+14+R structure,"...

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17 Oct 2016

Porto Group launches ‘Money Back Porto’ programme to finance real estate project

Porto Group has recently launched a new and innovative campaign under the name “Money Back Porto” to advertise and sell open units in eight of the company’s real estate projects.

The Money Back"...

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16 Oct 2016

SMCS completes key Egypt residential project work

Egypt’s Samcrete Engineers & Contractors (SMCS) has announced that it has completed the design work for Pyramids Heights Residences project based on 600,000 sq m in west Cairo.

The Pyramids Heights project includes 600 housing units at 140 m above sealevel, with investments worth 1.2 billion Egyptian pounds ($135.2 billion) and expected revenues...

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11 Oct 2016

Madinet Nasr Housing & Development reports 787% growth in sales for September

Madinet Nasr Housing & Development (MNHD) announced Monday that its Contracted Sales figures for the month of September reached a record growth rate of 787%, an estimated EGP 372m.

This announcement follows MNHD’s August 2016 Sales Flash Note, when the company had also posted unparalleled"...

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06 Oct 2016

Sealine Beach, a Murwab Resort redefines family destination with its newly renovated facilities

Qatar’s first leisure destination Sealine Beach, a Murwab Resort, welcomes its guests and families to its exquisite facilities, following the anticipated renovation that culminated in the unveiling of a completely remodeled leisure destination"...

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05 Oct 2016

1.2m housing units executed with $12bn in 5 years: Egypt's CAPMAS

The total number of housing unites executed by public and private sectors reached 1.2 million during the last five years with investments worth 109.6 billion Egyptian pounds (US$12.3 billion).

State's statistics"...

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04 Oct 2016

Sawiris and Cypriot partner to develop touristic real estate project

Egyptian billionaire Naguib Sawiris has established a joint company for developing Napa Marina Aiya touristic real estate project in Cyprus on an area of 86 acres.

Sources told Daily News Egypt that Sawiris’ share in the project is 80% which he contributes through his company Gemini"...

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04 Oct 2016

Egypt's Alcan Holdings to finish Citadel Plaza project in 5 years

Egyptian Alkan Holdings Group targets finishing its real estate project Citadel Plaza within five years with investments estimated at around US$600 million.

Speaking to Amwal Al Ghad Sunday, Chairman Khaled Nosseir"...

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03 Oct 2016

Select Group’s 14th development ‘Studio One’ set for launch in Dubai Marina

Select Group today announced the launch of Studio One – the group’s 14th project in Dubai Marina. The 31 storey project with an estimated GDV in excess of 450 million dirhams is a residential development"...

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