Emaar Misr Announces Increase of Assets in Q1 2016

• Thursday, 5th May 2016
• by Nadine Abou el Atta

Emaar Misr for Development recorded an increase in assets in the first quarter of 2016 worth EGP 18.3 billion. This figure represents an increase of 4.6 percent, compared to EGP 17.5 billion pounds in the same period in 2015.

Misr Italia Holding Signs Construction Deals worth EGP 250 M

• Tuesday, 3rd May 2016
• by Nadine Abou el Atta

Misr Italia Holding, an Egypt-based real estate developer, signed construction deals worth EGP 250 million during the first quarter of 2016, said Mohamed Al Assal, Misr Italia’s Executive Chief, reported Amwal Al Ghad.

Al-Ahly Real Estate Inaugurates Platinum Club worth EGP 350 M

• Wednesday, 27th April 2016
• by Nadine Abou el Atta

Al-Ahly for Real Estate Development, an Egyptian-based real estate developer, inaugurated in April its first sport facility, ‘Platinum Club,’ in New Cairo.

EMAC Completes 121 Buildings in Egypt’s Low-Income Housing Scheme

• Wednesday, 27th April 2016
• by Nadine Abou el Atta

EMAC Contracting, an affiliate of Kuwait’s Al Kharafi & Sons Group, concluded the construction of 121 residential buildings for the low-income earners, reported Amwal Al Ghad.

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.