News / Developers

MNHD Signs Deal to Finance Nasr Gardens Compound in West Cairo

Madinet Nasr for Housing and Development's (MNHD)'s board of directors has mandated the company's managing director to ink a protocol with a real estate finance company to fund housing units of Nasr Gardens compound in 6th of October City.

Bayut Uncovers New Floor Plan Tool for UAE Properties

UAE’s largest online property portal Bayut has launched a new game-changing feature on its website, providing users with detailed 2D and 3D floor plans for over 40,000 property types in the UAE, in an effort to raise convenience for end users and grant agents high-quality leads.

Vincitore Kicks Off USD 102 mn Branded Realty Project in Dubai

UAE-based Vincitore Realty has launched Dubai’s first wellness and branded realty project, Vincitore Benessere, at an investment value of USD 102 mn.

Heliopolis Housing Sells 1,980-Acre Plot in Sheraton

Cairo-based Heliopolis Housing and Development (HHD) has announced selling a 1,980-acre land plot in Sheraton, Heliopolis, for EGP 99.3 mn at an auction on May 4.

Emaar Misr Consolidated Profits Fall 16.8% in Q1 2019

Egypt's Emaar Misr has reported a 16.8% YoY decline in its consolidated net profits during the first three months of 2019, dropping by EGP 84.6 mn compared to the year-ago period.

Mariout Hills Invests EGP 2.4 bn in Swiss Ranches Phase I

Ahmed Hassan, chairman of Mariout Hills Developments, a subsidiary of Mariout Hills Group, has revealed that investments worth EGP 2.4 bn were pumped into the first phase of the company's residential project in New Alamein, Swiss Ranches - the first integrated eco-housing venture in the region.

Al Marasem Uncovers New Partnership System at Fifth Square Project

Al Marasem International for Development, affiliated to Saudi Binladin Group, has launched a new partnership system at its Fifth Square project in New Cairo, enabling clients to invest in a top-quality product with a high rate of return on investment (ROI).

Heliopolis Housing Eyes Launching Smart Zone

The Heliopolis Company for Housing and Development (HHD) studies launching a smart zone in partnership with a UAE investor

Emaar, P&O Marinas Launch AED 25 bn Coastal Destination in Dubai

Emaar Development has announced the launch of Mina Rashid, with AED 25 bn worth of investments, presenting a new definition of Riviera-style living, after P&O Marinas, a subsidiary of global trade enabler DP World, has put forth the land to Emaar to continue developing world-class marinas and berthing facilities.

Rotana to Operate DAMAC’s Luxury Hotel Apartments in Riyadh

Dubai-based DAMAC Hotels and Resorts has announced the signing of a partnership agreement with the leading hospitality counterpart Rotana Hotel Management to handle the former's luxury hotel apartment project DAMAC Towers in Riyadh, Saudi Arabia.

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