News / Developers

Idea Group Achieves Record Sales in Menorca Compound

Ahmed Sami, Chairman of Idea Group, introduces the best-in-class administrative and training services alongside a suite of various services in order to support real estate developers.

Menassat Developments Launches EGP 1 Bn Project in New Cairo

Ahmed Masoud, Chairman of Menassat Developments, says that the project is a commercial, administrative, and medical mall on an area of 5,500 sqm.

Saudi Real Estate Market Improves in 2022

Data by CBRE shows that the volume of residential transactions in Saudi Arabia fall by 24.5% YoY during 2022, reaching a net value of SAR 126.5 bn.

Al-Futtaim Group Real Estate to Bear Surgery Costs for 300 Patients

The covered patients are selected based on surveys undertaken by medical convoys in poor villages of Aswan Governorate.

Sodic’s Contracted Sales Soar EGP 21.3 Bn in 2022

Cancellations reached a value of EGP 1.25 bn during 2022, representing 6% of the year’s gross contracted sales. This is compared to a cancellation rate of 17% during 2021.

AE Media Production Partners with Nawassy Developments for 3sides Project

The project is set to serve 600,000 people and will offer a unique shopping experience for visitors.

HC Brokerage: Cost-Inflationary Pressures Weigh on Egyptian Developers

That competition slows down the growth of pre-sales to 8% in the first nine months of 2022, while volume slips 5% YoY, compared to a 59% surge a year earlier.

Magnom Properties Partners with UNICEF to Empower Youth

The partnership agreement launches the path of cooperation between the two parties, with the commitment of Magnom to invest in positive initiatives capable of improving the standard of living for young people.

Tayel Group Inaugurates Phase I of Hayah City in New Assiut

The city includes three different urban communities; Hayah Residence, Hayah Elite, and the entertainment area Fofozilla.

Ibtkar Real Estate Development Executes 11 Projects in New Cairo’s Andalus

The company offers projects with areas starting from 155 sqm, General Manager of Sales, Ali Arafa, says.

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