News / Developers

Royal Plans to Pump EGP 150 mn in New Cairo in 2020

Egypt-based Royal for Real Estate Development plans to pump EGP 150 mn into its New Cairo projects in 2020, compared to an investment value of EGP 100 mn a year ago.

MIP Releases New Office Building in Cairo Business Park

Egypt's Misr Italia Properties (MIP) has released a new administrative building in its New Cairo project, or Cairo Business Park, which is scheduled for delivery in the upcoming December.

CED, Al Oula Join Forces to Offer Various Mortgage Packages

Egypt's national developer City Edge Development (CED) and Al Tameer Mortgage Finance (Al Oula) have joined forces to provide a diverse range of mortgage financing activities to potential home buyers.

DM Development Posts 60% of Target Sales Despite Coronavirus Woes

Egypt-based DM Development has managed to log 60% (or EGP 150 mn) of its targeted sales for “The Groove” project in Ain Sokhna in Q1 2020, aiming to seal deals worth EGP 1 bn by year-end.

Palm Hills Signs EGP 3.5 bn Deal for New Project in Ain Sokhna

Palm Hills Developments (PHD) and Al Shorouk for Touristic Developments have signed a co-development agreement for a mixed-use community in Ain Sokhna, Red Sea, under a revenue-sharing scheme, with investments valued at EGP 3.5 bn.

Invest-Gate Hosts “New Real Estate Product” Virtual Roundtable

Scheduled to take place on June 15, Invest-Gate is hosting another virtual roundtable titled "New Real Estate Product", so make sure to grab your virtual seat

AAIB Invests EGP 2 bn in Landmark Sabbour’s 1-NINETY

Arab African International Bank (AAIB) has recently pumped investments worth EGP 2 bn into Landmark Sabbour's latest New Cairo administrative/commercial project, or “1-NINETY,” to establish a new office building.

Mountain View Joins ‘Khaleena Sanad’ Initiative

Egypt's real estate developer Mountain View joins the “Khaleena Sanad” (Let's Get Together) Initiative, launched by the Ministry of Immigration and Egyptian Expatriates Affairs, aiming to support and help repatriation of Egyptians stuck abroad.

UAE’s Lootah Adopts Smart Building Technology

UAE's Lootah Real Estate Development has partnered with International Real Estate Partners (IREP) to cut down on the cost of maintenance and energy consumption in all its properties.

CED Warms Hearts of Frontline Workers with Special Launching Offer

Egypt's national developer City Edge Developments (CED) has launched its newest project in the New Administrative Capital (NAC), called “Al Maqsad Residences," offering a preferential ten-year payment plan for health personnel.

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