Misr Italia Pumps EGP 28 M of Investments into Mousa Coast

• Tuesday, 26th April 2016
• by Nadine Abou el Atta

The real estate company Misr Italia has recently pumped EGP 28 million of new investments into the second phase of a commercial center in Mousa Coast, a touristic city located in Ras Sudr.

Egypt’s Madaar Development to Pump EGP 700 M in its Azha Project

• Monday, 25th April 2016
• by Nadine Abou el Atta

Madaar Development, an Egyptian real estate company, plans to invest EGP 700 million ($78 million) in its Azha compound, located in Ain El Sokhna, reported Amwal Al Ghad.

Sama Group to Increase Investments in Egypt’s Real Estate Market

• Sunday, 24th April 2016
• by Nadine Abou el Atta

Sama Group for Properties Investment will soon implement three new real estate projects with investments worth EGP 5.5 billion, the group’s chairman Hassan Rateb told Al Mal.

Real Estate Companies Partner to Counter Escalating Land, Construction Prices

• Tuesday, 19th April 2016
• by Nadine Abou el Atta

Real estate companies are forming partnerships to increase their land portfolios despite the high land prices, said Maged Helmy, CEO of Wadi Degla Developments, reported Daily News Egypt.

ERA Launches Real Estate Education Program

• Sunday, 17th April 2016
• by Nadine Abou el Atta

ERA Commercial Egypt, a real estate firm, launched a real estate education program called SkillBuild/Benaa in April, reported Daily News Egypt.

Redcon Develops 3 New Administrative Buildings Worth EGP 640 M

• Sunday, 17th April 2016
• by Nadine Abou el Atta

Redcon Construction, an Egyptian-based company, is developing three new administrative buildings in New Cairo, with an investment worth EGP 640 million, according to Tarek El-Gammal, Chairman of Redcon, as reported by Amwal Al Ghad.

Ain Sokhna Sees Man-made Crystal Lagoons in Il Monte Galala Project

• Thursday, 14th April 2016
• by Nadine Abou el Atta

Developer of the patented Crystal Lagoons has collaborated with Tatweer Misr to develop the first man-made lagoons in Ain Sokhna mountains, Zawya reported.

Presidential Decree Allows Industrial Lands to be Allocated to Investors For Free

• Wednesday, 13th April 2016
• by Nadine Abou el Atta

A presidential decree issued by President Abdel Fattah Al Sisi dictates that pieces of lands in some industrial zones can be allocated to investors at no cost. The decree was published in the state's official gazette.

‘Serenity’ and ‘Residence’, Latest Hyde Park Major Additions

• Monday, 11th April 2016
• by Nadine Abou el Atta

Chief Executive Officer of Egypt's Hyde Park Properties, Amine Serag, told Al Borsa News that the real estate company is heading towards further expansions in the Egyptian real estate market, through two new projects: "Serenity" and "Hyde Park Residence." Serag also said that his firm is looking forward to expanding throughout the country. “The firm has overcome logistical obstacles and is currently working on a plan to provide solid infrastructure for the Hyde Park projects,” Serag continued.

Saudi Egyptian SECON Launches New Project in Egypt

• Tuesday, 5th April 2016
• by Nadine Abou el Atta

The Saudi Egyptian Construction Company (SECON) launched its newest project in Egypt, Riyadh-SECON, reported Daily News Egypt.