REAL ESTATE

13 Dec 2018

Orascom Development signs agreement to construct residential project

CAIRO – 12 December 2018: Orascom Development Egypt (ODE) announced signing the final agreement with the New Urban Communities Authorities (NUCA) to co-develop a 1,000 feddan integrated community project in 6th of October City, West Cairo, based on a revenue sharing model.
...

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12 Dec 2018

Egypt requires $675 bn of investments to meet its infrastructure needs: G20

Egypt’s infrastructure investment needs are large and cannot be met on a ‘business as usual’ basis. According to the G20’s Global Infrastructure Outlook, Egypt will require $675bn of investments over the next 20 years to meet its infrastructure needs,” mentioned"...

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12 Dec 2018

Dubai’s Meydan One Takes Shape

Meydan One, a pioneering, next-generation lifestyle and retail destination, has announced that the project is on track for its launch in early 2020 with 60 per cent of structural work already completed.

The"...

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11 Dec 2018

Cityscape Jeddah Billed For 2019

Informa Exhibitions, Saudi, a newly opened country branch of Informa Exhibitions is looking to grow Saudi Arabia’s non-oil sector with its events in 2019. The expansion into KSA this year comes at a pivotal time as the country prepares for its Saudi Vision 2030 goals, a blueprint"...

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05 Dec 2018

Egypt to launch second phase of new capital soon

Cairo: Egypt’s state-owned Administrative Capital for Urban Development (ACUD) is close to launch the second phase of the new capital project, ACUD’s spokesperson Khaled El-Hussainy said on Tuesday.

The"...

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03 Dec 2018

Pyramids Developments invested EGP 450m in La Capitale project so far

Hesham Elkhouly, chairperson of Pyramids Developments, said that the company has directed investments of EGP 450m in La Capitale project in the New Administrative Capital, and the company targets to raise this amount to reach EGP 1bn in the coming two years.

Elkhouly"...

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03 Dec 2018

Real estate market is in correction process, filtrating companies: developers-Egypt

Beta Egypt Urban Development Company chairperson, Alaa Fekri, said that Egypt’s real estate market has entered a different stage in the current period, and became more diversified and mature, explaining that the market is going through a period of realignment and correction of a situation,"...

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29 Nov 2018

MBG to complete marketing of Pukka project in New Capital by end of 2019

MBG plans to direct EGP 500m investments in the Pukka project in the New Administrative Capital, according to Mahmoud Al Adl, chairperson of MBG.

Daily News Egypt interviewed Al Adl to talk about the development"...

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28 Nov 2018

ARZAN WEALTH Sells Another Property from “Single Tenant Portfolio” in USA

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has successfully advised its clients on the sale of a third property (“The Property”) from the Single Tenant"...

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26 Nov 2018

Egypt real estate goes global: first stop London

For the very first time, the Egypt Property Show (EPS) is currently being held in London from the 24th to 26th of November at the international convention centre ExCeL London.

It is being held under the patronage"...

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