News / Developers

AAIB in Talks with UAE’s Al Ain Holding to Sell Stake in Palm Hills

A board member at Palm Hills denies that Yassin Mansour has any intention to sell a stake in Palm Hills.

Aldar Properties, Dubai Holding to Launch 38.2 Mn Sqm Projects

The two companies signed a binding joint venture agreement to develop new communities in three locations across the suburban heart of Dubai.

Contact Developments Completes 30% of Mercury Business Complex in NAC

Located at 2,800 sqm in the Downtown area, the project comprises a ground and 10 recurrent floors, including 282 residential units.

Dubai Allows Rent Payments by Debit Cards

According to a circular by the DLD, Dubai’s property rental platform, Ejari, is now integrated with the ‘noqodi’ direct debit system (UAEDDS), allowing tenants to have rent payments automatically debited from their accounts. 

MARAKEZ Opens Post Office in Mall of Arabia

The new post office provides 25 services to visitors of Mall of Arabia, including civil registry, consular, paying public school fees, recharging electricity meters, and applying for social housing apartments.

Cairo Sees Delivery of 18K Residential Units in 2022

Around 35,000 units are planned to be completed in Cairo during 2023, according to JLL’s Cairo 2022 Year in Review report.

Eight Developments, Gaballah Group to Launch EGP 2.5 Mn Mall in New Cairo

For his part, Mohamed Abdel-Fattah, Executive Director of Eight Developments, reveals that the company seeks to fulfill the desires of customers in providing suitable and diverse units.

Al-Futtaim Group Real Estate Establishes, Equips Bone Marrow Transplantation Room in 57357 Hospital

The step comes in line with the company’s support of the national donation campaign that aims at reducing the number of patients on the list, waiting to undergo bone marrow transplants.

Real Estate Development Chamber Commends Government’s Response to Developers

Tarek Shoukry, Head of the Real Estate Development Chamber at the Federation of Egyptian Industries, and Undersecretary of the housing committee at the House of Representatives, thanks the Prime Minister and Minister of Housing for the prompt response to a large part of the demands submitted by the chamber.

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