Palm Hills Developments (PHD) has inked an EGP 365 mn medium-term loan agreement with Arab African International Bank (AAIB) and Banque Misr to fund work at the former's North Coast project, or Hacienda Bay.
Egypt-based VOW Developments has rolled out a new phase at its New Administrative Capital (NAC) project, or "SOLAS," featuring 38 workspaces that extend over 3,000 square meters.
Egypt's Orientals for Urban Development (OUD) was ranked the fourth among the five top real estate developers with a diversified land portfolio nationwide.
Egypt-based property developer Mabany Edris has managed to market 60% of phase I of its newest flagship project in New Assuit, or “Asayla,” in three months only, despite market turmoil associated with the COVID-19 pandemic.
El Mostakbal for Urban Development has signed an EGP 423.3 mn deal with Elsewedy Electric's unit to carry out electricity and telecommunications infrastructure of the latter east Cairo project’s phase III.
Sixth of October Development and Investment Company (SODIC) logged a 25% uptick in residential contractual sales in Q1 2020, registering EGP 842 mn versus EGP 672 mn in the year-ago period, driven mainly by its west Cairo projects.
Tatweer Misr President & CEO Ahmed Shalaby has confirmed that the development of interconnected rooftop amenities within clusters of buildings, providing essential facilities and services, is a strong tactic to ensure cost-effectiveness and affordability.
Al Futtaim Group Real Estate has released a new drive-thru service to lessen physical contact and provide efficient services for all outlets, aiming to cope with the new world order of real estate.
UAE-based Aldar Properties and Etihad Airways have teamed up to offer benefits to Etihad Guest members and shoppers in Abu Dhabi, in a bid to boost tourism in the capital emirate.
Egypt-based Smart Assets Real Estate Company is targeting the generation of EGP 600 mn in contractual sales for the various private projects across the country during the current year, compared to EGP 460 mn in 2019.
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