News / Developers

Samcrete Negotiates with 3 Foreign Firms to Run Pyramids Hospital 

Egypt-based Samcrete Development is currently negotiating with three international firms to run Pyramids Hospital in 6th of October City, west Cairo, with the company's name will be announced before year-end

DAMAC to Launch New Luxury Homes in Dubai’s Business Bay

Dubai-based real estate developer DAMAC Properties has announced plans to officially launch its new luxury residential project in Dubai’s Business Bay, "Zada," as of June 29, allowing potential buyers to pay eased monthly installments over five years.

Global Pioneers Starts Constructing EGP 750 mn Mall in NAC

Global Pioneers Real Estate Investment, an affiliate to UAE-based Pioneer International Group, has begun the construction of the first commercial center in MU23 district at the New Administrative Capital (NAC), at costs amounted at EGP 750 mn.

Better Home Opens New Cairo’s MidTown Mall

Egypt's Better Home Group inaugurated on June 21 MidTown Mall in New Cairo, coming simultaneously with the kickstart of the 2019 Africa Cup of Nations (AFCON).

Jadeer to Launch 2nd Phase of New Cairo’s Swara

Jadeer Real Estate Group aims to launch the second phase of its New Cairo mini-compound Swara next summer, after the complete sale of the project's first phase.

Aldar, Apparel Group Seal 23 Lease Store Contracts

Aldar Properties, Abu Dhabi’s leading property development, management, and investment firm, has sealed a major deal with global fashion and lifestyle retail conglomerate Apparel Group, regarding 23 stores across three of the former’s popular retail malls in the UAE.

Misr Italia to Pump EGP 50 bn into Projects by Year-End

Chairman of Misr Italia Properties Hany Al Assal has revealed that the company plans to pump a total of EGP 50 bn into the real estate market in 2019, aiming to achieve a sales target of EGP 6 bn from its various projects in Egypt by year-end.

Emaar Misr Completes Delivery of Beyout El Kheir Phase I

Emaar Misr and Misr El Kheir Foundation have announced the delivery of the first phase of Beyout El Kheir project (Homes of Generosity) on June 18, covering Matrouh, Beheria, Aswan, and Qena provinces.

Abdul Latif Jameel Starts Work on Jeddah’s Dari Q

KSA-based residential and commercial real estate developer Abdul Latif Jameel Land has broken ground on its third Jeddah-based residential complex, Dari Q, mingling a variety of spacious apartments with a diverse range of amenities in one place

Marakez to Open Largest Mall in Delta Region Next Fall

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, plans to launch Gharbia Governorate’s first internationally-modeled shopping complex, Mall of Tanta, in fall 2019.

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