AQARI Exhibition Brings Visitors Special Discounts, Feasible Payment Methods

• Saturday, 12th August 2017
• by Menna A. Farouk

The 11th round of Al-Ahram Real Estate Exhibition (AQARI) kicks off on August 10 at Dusit Thani hotel, New Cairo, bringing visitors special discounts and a wide range of feasible payment methods.

Madinet Nasr Housing Posts Profits of EGP 509.57 mn in H1 

• Thursday, 10th August 2017
• by Menna A. Farouk

Egyptian real estate developer Madinet Nasr Housing and Development reports a 246% year-on-year growth in net profits in the first half of the fiscal year 2016/2017, which ended on June 31, 2017, Invest-Gate reports.

Naeem Holding to Merge Reacap Business With Wadi Degla

• Thursday, 10th August 2017
• by Menna A. Farouk

Naeem Holding for Investment is to merge its Reacap Financial Investments with real estate group Wadi Degla Developments, creating a company with a book value of EGP 3.5 bn (USD 197.18 mn), Reuters reports.

Elite’s Second Round Kicks Off in Cairo

• Thursday, 10th August 2017
• by Menna A. Farouk

The second round of the Elite Real Estate Exhibition kicks off in Cairo with the participation of 120 leading Egyptian and Gulf real estate developers on August 9, Invest-Gate reports.

Projects Real Estate Development launches the -EGP 10bn- Blues Tiffany

• Wednesday, 9th August 2017
• by Farah Montasser

News Correction: Projects Real Estate Development has announced the launch of its latest Blues Tiffany on the Egyptian North Coast, and has contracted Sabbour Consulting for the supervision and consultancy of the project, Invest-Gate reports

Event Alert: ARCO Brings Despacito’s Luis Fonsi to North Coast This Weekend

• Wednesday, 9th August 2017
• by Farah Montasser

Egyptian real estate developer ARCO Developments is to hold one-of-a-kind event on August 11 in the North Coast, Invest-Gate reports

Palm Hills to Issue Bonds Worth EGP 700 mn

• Tuesday, 8th August 2017
• by Menna A. Farouk

Egyptian real estate company Palm Hills Developments begins the regulatory procedures of issuing securitization bonds of up to EGP 700 mn, Invest-Gate reports.

Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects

• Monday, 7th August 2017
• by Menna A. Farouk

Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.

Azmeel Group to invest EGP 600 mn in Sheikh Zayed, 6th of October 

• Monday, 7th August 2017
• by Menna A. Farouk

Egyptian real estate developer, Azmeel Group Real Estate, is to pump new investments worth EGP 600 mn in a number of residential projects in Sheikh Zayed and 6th of October cities, Invest-Gate reports.

Four Seasons Resort Sharm El-Sheikh Sees a- USD 380 mn- Expansion

• Sunday, 6th August 2017
• by Menna A. Farouk

Saudi Prince and business tycoon Waleed bin Talal pumps investments worth USD 380 mn to expand the Four Seasons Resort in Sharm El-Sheikh, Invest-Gate reports.