News / Investment

Delegation of Egyptian Businessmen Discuss Bilateral Investment Ties with KSA

A delegation of Egyptian businessmen met on April 8 with the Saudi Housing Minister Majed bin Abdullah Al-Hogail to discuss future investments in real estate.

Hilton Plans for 100 Hotel Openings in MENA by 2023

Hilton expects to open 100 hotels across the MENA region by 2023, mainly in UAE, Saudi Arabia, Kuwait, Bahrain, Morocco, and Egypt.

Jubail Island Makes Debut in Abu Dhabi

Jubail Island, which endeavors to become Abu Dhabi’s most desirable residential sanctuary, was officially unveiled on April 8.

ERA Eyes EGP 3.6 bn Sales for Developers in 2019

ERA Real Estate Egypt targets achieving sales worth EGP 3.6 bn for property developers in 2019, compared to EGP 3 bn in 2018.

Maxim Invests EGP 14 bn in North Coast’s Bo Islands

Egypt's property developer Maxim Investment Group has pumped investment worth EGP 14 bn in Bo Islands, its latest project in Sidi Abdelrahman, North Coast, on the back of its plans to fully deliver it by 2022.

First Proptech Company Sets Up in Bahrain

The first property technology (proptech) company, Estater, has been recently introduced to the Bahrain real estate market, aiming to be deemed a revolutionary real estate technology concept and coming in line with the state's efforts to turn the kingdom into a major technology hub.

El Batal Pumps EGP 9 bn into Egyptian Property Market

El Batal Group for Housing and Development has revealed that its total investments in the Egyptian real estate market reached around EGP 9 bn so far.

SODIC to See Investments Worth EGP 5.15 bn in 2019

Sixth of October Development and Investment (SODIC) has announced plans to pump EGP 5.15 bn worth of investments into its development projects during 2019.

Sorouh to Invest EGP 1.5 bn in NAC’s Entrada Avenue Mall

Egypt's Sorouh Developments intends to inject investments worth EGP 1.5bn in Entrada Avenue Mall this year.

Port Said Free Zone Sees EGP 2.5 bn FDIs: Minister

Minister of Investment and International Cooperation Sahar Nasr has announced that the number of projects being developed in Port Said Public Free Zone reaches 1,090 developments, with a combined capital of USD 12.5 bn and USD 2.5 bn worth of foreign direct investments (FDIs).

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