News / Developers

Aldar Properties Expects AED 20 Bn Revenue from Dubai’s Projects

Greg Fewer, the Chief Financial and Sustainability Officer at Aldar Properties, says that the logistics and commercial offices look very attractive in Dubai and these are areas you might expect us to invest in in the next 12 to 24 months.

Constec to Complete League of Arab States’ Annex Building in March

Constec enters into agreements with major consultancies in the region to implement the project.

MRB to Start Concrete Pouring for I Business Park Towers in February

Rashid says that MRB's contract with Arqa Development to manage the I Business Park towers project in the New Administrative Capital comes as a result of its full confidence in the success of Arqa in achieving all the operational elements provided by MRB.

Winvestor Developments Buys 4.6K Sqm Land from Almaza Real Estate

Hisham Ibrahim, Managing Director of Winvestor Developments, says that the acquisition of the land from Almaza Real Estate comes within the framework of our company's vision in selecting and executing real estate projects that are implemented with great care to meet the needs of customers.

Qatari Diar Opens Construction of New Phase of CityGate New Cairo

This agreement inaugurates the construction of Opal 3D-A and Garnet 3D-B at CityGate New Cairo, a self-sustaining city in the heart of New Cairo – located 30 minutes away from Cairo International Airport.

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.

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