Egypt’s Construction Sector’s Performance Tops All Across Middle East

• Tuesday, 3rd January 2017
• by Farah Montasser

Egypt’s construction market is the most successful in the entire Middle East and North Africa (MENA) region despite its current economic conditions, according to HSBC’s MENA Construction report that was released last week.

Demand on Real Estate Increases 3% in December

• Tuesday, 3rd January 2017
• by Farah Montasser

A 3% increase in real estate demand has been noted in December 2016 compared to the 1.5% recorded in November of the same year, according to a released statement by Aqar Map, Invest-Gate reports

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