Coldwell Banker Reaps EGP 6 bn Profits in 2016

• Thursday, 29th December 2016
• by Farah Montasser

Coldwell Banker Egypt - New Homes for Investment and Real Estate Marketing has achieved profits worth of EGP 6 bn in 2016, making a EGP 2.2 bn increase compared to that of last year.

New Investment Law Approved

• Thursday, 29th December 2016
• by Farah Montasser

Egyptian Cabinet has approved the new Investment Law, according to Investment Minister Dalia Khorshid, reported Egypt’s National TV EgyNEws

Developmental Projects Decelerated at the New Capital

• Thursday, 29th December 2016
• by Farah Montasser

Due to Egypt’s current economic condition following the floatation of the pound and price increase of materials and production cost, many contractors have decreased the development rate at the Administrative Capital, Invest-Gate reports

Cityscape: Egypt to Boost Investment Climate in 2017

• Wednesday, 28th December 2016
• by Farah Montasser

As Cityscape gears up to launch in March 2017, the annual regional real estate conference emphasizes Egypt’s role in reforming its economy through its real estate market, Daily News Egypt

Atlas to Build Residential Project in 6th of October City

• Tuesday, 27th December 2016
• by Farah Montasser

Atlas for Investment & Real Estate Development, a subsidiary of the public company, Atlas for Land Reclamation and Agricultural Processing, is to develop a residential project in 6th of October City at a total cost of EGP 250 mn, reported Al Borsa

Egypt joins forces with UAE for Upcoming Investments

• Tuesday, 27th December 2016
• by Farah Montasser

Egypt strengthens ties with the UAE for upcoming investments, both Egyptian Minister Housing, Utilities, and Urban Communities Mostafa Madbouly, and UAE Ambassador Gomaa Mubarak confirmed, Invest-Gate reported

New Compound Resorts to be Launched in 2017

• Sunday, 25th December 2016
• by Farah Montasser

Micro Castle Co. for Real Estate Investment along with Ibn Sina for Hotel & Real Estate Investments are scheduled to launch their latest developmental projects at Egypt’s summer destinations, the North Coast and Marsa Matrouh, in 2017, reported Invest-Gate

NUCA Pumps Over EGP 50 bn Investments in 2017

• Sunday, 25th December 2016
• by Farah Montasser

The New Urban Communities Authorities (NUCA) is to pump EGP 50 bn worth of investments in 2017 compared to this year’s EGP 37 bn, according to an unnamed source at the Ministry of Housing, Utilities, and Urban Communities, reported Al Borsa

Green Square 2 Compound to be Launched in 2017

• Sunday, 25th December 2016
• by Farah Montasser

An Egyptian real estate company Al Ahly for Real Estate Development company is to deliver units in its new project Green Square 2 compound within 2017, reported Amwal El Ghad

Egypt Invests EGP 110 bn in New Cities

• Thursday, 22nd December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) has currently invested EGP 110 bn to develop 30 cities across the country, featuring public services, facilities, and housing projects and another EGP 70 bn for basic foundations.