30 Aug 2016

Saudi Egyptian Construction markets 60% of Riyadh SECON - phase I

Saudi Egyptian Construction Company (SECON) has completed marketing more than 60 percent of the first phase in its latest flagship compound project in New Cairo, Riyadh SECON.

Launched in April, Riyadh SECON will cover a total area of 68 feddans, with total investments ranging between 2.8"...

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30 Aug 2016

Household sector acquires 75.3% of total deposits in banks in May: CBE

Cairo: The household sector acquired 75.3% of the total deposits in banks in May, according to a recently issued report by the Central Bank of Egypt (CBE).

The bank stated in its report that the household sector acquired about 78% of the total local currency deposits and about 63.3% of the total foreign currency deposits.


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29 Aug 2016

Hyde Park offers 9 tenders to speed up construction, finishing

Hyde Park New Cairo announced it would offer five tenders to speed up the construction and finishing of its project’s units. The move comes as an attempt to fulfill the company’s obligations towards its clients, as the units are expected to be delivered within a few months.


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25 Aug 2016

Shurooq Selects Yardi Voyager to Manage Real Estate solutions across Sharjah, United Arab Emirates

Sharjah Investment and Development Authority (Shurooq), the driving force behind the transformation of Sharjah, will manage their real estate portfolio across the Emirate of Sharjah with ...

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24 Aug 2016

Azizi Developments Announces AED 750 Million Flagship Property: Azizi Mina – Hotel Apartments

Azizi Developments, a leading UAE-based real estate developer with a global reach into many international markets, has announced the launch of its 178-unit Azizi Mina Hotel Apartments project located on The Palm Jumeirah, Dubai.


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23 Aug 2016

Sakr Real Estate: Introducing the Unprecedented Concept of SMART VALLEY

In a bold move towards advancement and innovation, Sakr Real Estate unveiled their unparalleled project entitled “The Smart Valley”, a unique concept to be done for the first time in the Middle East, through two consecutive day’s"...

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22 Aug 2016

PACT Real Estate secures construction contracts worth EGP 320m in 2016 for White Bay project

PACT Real Estate is currently working on completing the first phase in the development of its first project White Bay, which will be worth an estimated EGP 1.7bn in total. The project is divided into four phases and provides a total of 600 units surrounded by green spaces and open areas,"...

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17 Aug 2016

Egypt’s HELI offers 32 buildings worth $22mn for sale

Egypt’s leading construction company, Heliopolis Company for Housing and Development (HELI) is aiming to offer 32 residential buildings for sale in Sheraton and Nozahat Al-Obour City with total cost of 200 million Egyptian Pounds (US$22mn), its managing director khaled Marasi said"...

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16 Aug 2016

Leyard Expands Investment in Europe with New Factory

Leyard, a global leader in visualization products, today announced that it is expanding its investment in Europe and support for international customers with a new factory and showroom planned near Prešov, Slovakia.

The 3,119 square-meter (33,500 square-foot) building, slated for completion in early 2017,"......

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16 Aug 2016

Al Zahia is the First in the Middle East to Be Awarded BREEAM Communities Interim Assessment Certificate

Sharjah Holding PJSC, a strategic partnership between the government of Sharjah and Majid Al Futtaim Properties, has announced today that Al Zahia, its first residential community in Sharjah, has been awarded the internationally accredited BREEAM Communities Interim Assessment certificate"...

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