Egyptian developer Sultans Investment & Development Co. obtained the ISO 14001 certification for its environmental management system, recognizing its sustainability standards, Invest-Gate reports.
Emaar Misr announced the inauguration of the Address Beach Resort Marassi in Egypt's North Coast with investments of EGP 5 bn, marking its second hotel under the luxurious brand, Address Hotel and Resorts, Invest-Gate reports.
Sixth of October Development and Investment Company (SODIC) is preparing to deliver the first units in the "June" North Coast project during the third quarter of 2025, the company's General Manager Ayman Amer told Invest-Gate.
Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.
Egypt's Arab Contractors Co. signed an agreement to establish a joint venture called Arab Contractors-Luanda with Angolan firm Mercons, as both countries deepen construction industry cooperation, Invest-Gate reports.
Prices in Dubai's freehold residential market rose 4.8% in the second quarter, with annual gains hitting 24%, Knight Frank data shows.
Dubai remains at the forefront of major cities worldwide regarding expected increases in residential property prices for 2023, despite a projected decrease in price growth rate compared to 2022, Invest-Gate reports.
Zurich-based electrical equipment maker ABB Ltd. partnered with the Administrative Capital For Urban Development (ACUD) to train Egyptian university students on sustainable solutions, Invest-Gate reports.
Dubai’s residential real estate upswing is extending to the outskirts, with luxury project prices in key areas hitting records, according to ValuStrat, an appraisal and research firm.
Arab Developers Holding (ADH) reported impressive sales figures, reaching EGP 2.5 bn during the first half of 2023, compared to EGP 896 mn in the same period last year, reflecting a remarkable growth rate of 275%, Invest-Gate reports.
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