News / Developers

Marriott International to Expand Its Portfolio in UAE

Marriott International expects to end 2018 with the addition of 11 new properties and over 2,600 guestrooms added to its UAE portfolio, alongside a robust development outlook over the next five years

Misr Italia Properties Unveils 2nd Residential Project in New Capital

Egypt’s property developer Misr Italia Properties has launched its second premium residential compound in the New Administrative Capital, VINCI, offering the utmost elegance and luxury living

Palm Hills, AAIB Conclude EGP 316 mn Discounting Transaction

Egypt-based Palm Hills Developments (PHD) and Arab African International Bank (AAIB) have successfully concluded discounting transaction of EGP 316 mn receivables portfolio linked with 181 delivered units at some of PHD's projects in Cairo

Hassan Allam Holding Plans for Dual Listing in Cairo, London

Egypt's construction and engineering company Hassan Allam Holding revealed on October 8 its intention to float up to 44.3% of its shares on the Egyptian Exchange (EGX) and London Stock Exchange (LSE)

Real Mark Launches EGP 750 mn West Mark

Egypt's integrated real estate company Real Mark Developments made its debut by launching its first mixed-use complex in 6th of October City, West Mark, offering "a new line of thought to office and commercial real estate in Egypt," with investments worth EGP 750 mn

UAE-Based Indian Investor Unveils USD 200 mn Project in Al Marjan Island

UAE-based Indian investor Ivan Richard Menezes, director of United Ventures and Investments Limited, announced purchasing a land on the fourth island of Al Marjan Island to develop a "Santa Monica-style entertainment center" with a total investment value of USD 200 mn

Dubai’s Nakheel Launches 147 Luxury Villas at Jumeirah Park

Dubai-based developer Nakheel unveiled a new collection of 147 luxury terraced homes at Jumeirah Park, each accompanied with a private garden and swimming pool

Telecom Egypt, TMG Holding Ink Deal for Smart Cities Application

Egypt's real estate developer Talaat Moustafa Group Holding (TMG Holding) has signed an agreement with state-run Telecom Egypt to apply and activate applications of smart cities and digital communities

Sawiris Rebrands Property Firm with Plans for USD 2 bn Projects

Egyptian tycoon Naguib Sawiris’ Ora Developers, formerly Gemini Global Development, has announced its official rebrand and launch, aiming to "construct USD 2 bn worth of properties across the Middle East in the next three to five years"

SODIC Named “Leading Corporate for Investor Relations in Egypt”

Sixth of October Development and Investment Company (SODIC) has been named "Leading Corporate for Investor Relations in Egypt" by the Middle East Investor Relations Association (MEIRA) for the second consecutive year

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