Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, has acquired a 47-acre land plot from the Internal Trade Development Authority (ITDA) in Mansoura city to develop a new internationally modeled commercial mall.
Egypt's Orascom Development Holding (ODH) has achieved record-high net real estate sales of EGP 3.47 bn in FY 2018, excluding its newest residential project O West, compared to sales of EGP 2.19 bn a year earlier.
ARDIC for Real Estate Development and Investments has signed a cooperation protocol with the Federation of Cooperative Housing (FCH) to deliver 500 units of Zizinia El Mostakbal's total number of residential properties - or 25% of the project, situated in east Cairo.
Egypt’s real estate developer MBG Development has achieved EGP 300 mn in sales of Pukka project in the New Administrative Capital (NAC) in during its participation at Cityscape Egypt exhibition, which was held from March 27 to 30.
Landmark Group, Dubai-based retail and hospitality conglomerate, is expanding its shopping mall portfolio with its first project in Sharjah, Oasis Mall, marking the group’s tenth mall in the Gulf region.
New Plan Developments achieved EGP 192 mn in sales of its three projects in the New Administrative Capital (NAC) during Cityscape Egypt 2019, from March 27 to 30.
Palm Hills Developments' board of directors have agreed to raise the company's capital to EGP 6.235 bn from EGP 6.157 bn, an increase of EGP 78 mn.
Abu Dhabi's real estate investment and development firm Eagle Hills and the National Bank of Fujairah (NBF) inked a cooperation agreement on April 1 to offer mortgage solutions and special payment plans to clients keen on owning property in Address Fujairah Resort + Spa, UAE.
Capital Group Properties (CGP), the community developer owned by Abu Dhabi Capital Group (ADCG) and Al Ain Properties, has appointed Mostafa Salah as its new chief commercial officer (CCO).
Karim Sultan, head of HR and Administration at Dorra Group, revealed that the implementation rate at the company residential project in New Cairo, Address East, has reached 25%, after fully marketing 50% of the project's units.
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