News / Investment

Dubai Real Estate Luxury Sales Continue to Set Records

Dubai's real estate market stands out, specifically, townhouse apartments that have "Four Seasons", "Bulgari", and "Cavali" brand names, as a destination for the world's rich looking for places to save their wealth.

Dolce & Gabbana Plans U.S., Spain, Maldives Real Estate Projects

The Italian fashion group Dolce & Gabbana said it would enter the real estate sector, with two residential schemes in the United States and Spain and a hospitality project in the Maldives, Invest-Gate reports.

DAMAC launches Canal Heights 2 on Dubai Canal

Located on the shores of Dubai Canal in the heart of Business Bay, Canal Heights 2 will embody the essence of blue topaz in its interiors, co-branded by Swiss jeweller de GRISOGONO.

Etqan Closes Deal with Incomercial to Develop Egyptian Real Estate Sector

The deal was signed by Bassem El-Sherbiny, CEO of Etqan, and Mohamed Shehata, Head of the Commercial and Retail Department, in the presence of leaders of the two companies, including Ahmed Abdelaziz, financial advisor at Itqan, Mahmoud Al-Qadi, head of the marketing sector, Co-founders of Incomercial Tariq Beltagy, Mohamed Mohieldin, and Mohamed Shehata and Mazen Salem.

Real Estate Companies in Egypt to Price in dollars then Sell in EGP as Inflation Precaution

Some real estate companies in Egypt resorted to using the "dollar" to hedge against the risks of rising costs after the deterioration of the pound and the rise in inflation. In contrast, others went to cancel some customers' reservations and return their money to maintain profit margins.

European Central Bank Warns of Investing in Real Estate Funds

The European Central Bank (ECB) warns of funds that invest in commercial real estate, considering it a threat to financial stability after it has grown significantly over the past decade.

MARAKEZ to Add New Brands in Mall of Arabia in Q1 2023

Marakez, the developer of mall of Arabia, one of Egypt’s largest shopping malls with over 154,000 sqm, announces that it will be adding new famous brands to the mall.

Orascom Development to Deliver 1000 Residential Units in 2023

O West continues to accelerate construction, with 444 villas already built and the construction of 1,015 apartments and 236 townhouses currently underway.

Schneider Electric Showcases Unique Expertise in Egypt’s Real Estate Market at MIPIM 2023

MIPIM’s sessions addressed the pressing issues of sustainability in the new fourth-generation cities, the need for smart buildings to combat climate change, and accelerating the transition to net zero emissions.

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