News / Developers

Sakneen Launches New Algorithmic Pricing Tool

Sakneen launches an algorithmic pricing tool set to change the way people search for homes.

ACUD Approves Designs of Podia Tower Project

Menassat Developments has recently obtained the initial approval from ACUD on the designs and drawings of Podia Tower.

Gates Developments Records EGP 1.8bn of Sales in 2021 Hitting 130% Growth Rate

Gates Developments reveals recording EGP 1.8bn in sales of its projects in 2021, with a growth rate of 130% compared to 2020

Royal Developments Achieves 130% Target Sales & Adds 13 New Projects in 2022

Royal Developments achieves 130% of its sales target and announces the launch of 13 new projects in parallel early 2022

Nakheel Developments Completes Marketing of Double Two Tower Phase I

Nakheel Developments reveals the completion of the first phase of marketing of the Double Two Tower at in a record time

Qontrac and CMD Alliance Sets The First Stone of YARU Compound

During a celebration held at R8 in NAC, the alliance, between Qontrac and CMD Developments, puts the first stone in YARU Compound

Hometown Accelerates Zaha Park’s Construction Rate in NAC

Hometown Developments escalates the construction rate of its Zaha Park and Lafayette projects at the New Administrative Capital (NAC)

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

Edris Mohamed Reveals Challenges Facing Industrial Developers

During his participation at Invest Gate round table titled "Going Commercial: The Future of Egypt’s Real Estate Market", Edris Mohamed, managing director of Akam Developments, reveals the challenges facing the small industrial developers in new cities

Invest Gate Issues Recommendations for Industrial & Commercial Real Estate in Egypt

Invest Gate concludes its roundtable activities in 2021 with “Going Commercial…The Future of Egypt’s Real Estate Market”, in cooperation with the Egyptian Businessmen Association (EBA), on December 8, and releases its recommendations

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