El Mostakbal for Urban Development has donated EGP 7 mn to Tahya Misr Fund to facilitate the provision of the newly-introduced Coronavirus vaccine to eligible groups.

Al Arabia Company for Real Estate Development has announced the completion of 50% of work on all of its real estate projects in New Cairo, coinciding with the celebration of its 17th anniversary as the Egypt-based developer offers potential clients with payment schemes of up to 72 years.

Capital Link Developments has confirmed plans to introduce its second real estate project in the New Administrative Capital (NAC), named "Dorado," with investments estimated at EGP 200 mn.

Organizers at Cityscape, the most influential property exhibition in Egypt, are confident that this year’s event will show the local real estate sector’s appetite to get "back to business," with several key drivers such as central bank efforts, changing buyer needs, and ongoing investment confidence minimizing the impact of COVID-19 on the market.

Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

City Edge Developments (CED) has signed a cooperation protocol with Suez Canal Bank to offer more diverse mortgage finance products, in line with the Central Bank of Egypt's (CBE) initiative to boost the field of real estate lending in Egypt.

Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Amr Soliman at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."

Rooya Group Chairman and CEO Hisham Shoukri foresees a strong comeback of real estate exports as the Egyptian property market begin recovering after the coronavirus storm passes, with a special focus on serviced apartments, at Invest-Gate's first virtual roundtable, dubbed “Smart Real Estate Market Amid COVID-19."

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As the spread of the novel COVID-19 abounds in Egypt, Invest-Gate is conducting on May 17 at 1 p.m. its first virtual roundtable to tap the knowledge and experience of local real estate market leaders, allowing them to access their collective intelligence and provide proprietary insights into the Egyptian property market's pre- and post-Coronavirus performance.

Invest-Gate initiated the very first discussion channel between two of the foremost real estate market pillars, developers and brokers, bringing them under one roof at its latest roundtable on January 15, titled “Regulating the Real Estate Developer-Broker Relationship.”