News / Egypt

Empoweromics Markets 3.6K Real Estate Projects

Omar Fateen, Founder and CEO of Empoweromics, reveals that the platform has obtained investments from major investors and banks in Egypt and the Middle East that exceed tens of millions, which enhances the company's credibility and supports real estate marketers' confidence in it.

Nile Developments Presents EGP 15 Bn Project in MIPIM 2023

It allows easy access to it from all major axes, as it is located in the middle of the Downtown area and is close to 80% of the landmarks of the new capital.

Misr Italia Announces 1st Participation in France’s MIPIM

The showcased projects include hospitality, residential, and commercial components spanning an area of 7.1 mn sqm with total investments of $3.5 bn.

Winvestor Developments Opens 2 Sales Branches in Saudi Arabia

For his part, Hisham Ibrahim, Managing Director of Winvestor Developments, says that the external expansion of real estate development companies has become a necessity imposed by the urban expansion that Egypt is currently witnessing.

City Edge, MGM Sign Agreement for Management of The Zen Wellness Resort

Under the agreement, MGM will manage and operate the project which is slated for inauguration in 2023.

Hassan Allam Utilities, Kuwait’s Agility Launches JV in Egypt

The new project, YANMU East Logistics Park, is set to open in 2023.

NUCA Approves EGP 145.5 Bn Budget for FY 2023/2024

Minister of Housing and Chairperson of the NUCA, Assem El-Gazzar, notes that the new budget is 139% higher than the budget approved for FY 2019/2020.

Madaar Dedicates EGP 5 Bn Investments for 2023

The CEO notes that Azha Ain Sokhna provides its visitors with an unprecedented experience of life as it spans over 400 feddans, with a 700m-beach front in a touristic area.

NUCA Allocates 12 Mn Sqm Land in 4 Cities

The Egyptian Minister of Housing, Assem El-Gazzar, mentions some rules for the allocation of the said lands including allocating land in two phases to serve a project that could last up to 5 years, at maximum.

Nile Developments Sells EGP 2 Bn in Tycoon Tower in 7 Hours

The units sold cover more than 50% of the units offered in the first phase of the project.

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