News / Egypt

Arabia Group Unveils its EGP50mn- Strategy with Amaken to Revamp Galleria Mall

Arabia Development has announced the inauguration of a new development plan for its milestone project of Galleria Mall, aiming to maintain its leadership in mixed-use projects in East Cairo by acquiring Amaken to manage and promote its project with an investment of EGP 50 mn

Misr Italia Pens EGP 750mn Sale & Leaseback Deal with EFG Hermes Corp-Solutions

Misr Italia Properties, the leading real estate development firm, announces signing a sale & lease back agreement with EFG Hermes Corp-Solutions, among the leading leasing and factoring companies in Egypt for refinancing its state of the art property-Garden 8 Mall, amounting to EGP 750 mn, Invest-Gate reports.

El Batal Group Offers New Units Under Real Estate Financing Initiative by CBE

Under the real estate financing initiative by CBE, El Batal Group for Housing and Development announces offering units in its projects in the Fifth Settlement and Sixth October City for various segments at an interest rate of 3% and 8%

Marota Developments Partners With Sabbour Consulting In Mastro Project

Marota Developments announces contracting with Sabbour Consulting office to review designs and supervise the construction of Mastro project, at the New Administrative Capital (NAC)

El Gazzar Calls for Accelerated Implementation Rates In New Mansoura

During his visit to New Mansoura, Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, holds a meeting with the New Mansoura City Authority to follow up on the implementation status of the various projects implemented in the city

Housing Officials Inspect Ongoing Projects in New Minya City

Gamal Talaat, assistant vice president of the New Urban Communities Authority (NUCA) for the Development Sector, tours the ongoing projects in the New Minya City, accompanied by Khaled Abdel Aziz, head of the New Minya City Authority, and a group of officials

ِAbbas Follows Up on “Soor Magra-El-Oyoun” Development Project

Deputy Minister of Housing for National Projects Khaled Abbas inspects Soor Magra-El-Oyoun development project in Cairo

Egypt Ranks 69th Among The Best Countries In Quality Of Life In 2021

According to a ministerial statement, Egypt ranks eighth in the Arab world and 69th globally in the index of the best countries in quality of life for the year 2021.

NUCA Receives The Appreciation Award in Sustainable Urban Development

Ministry of Housing organizes a celebration, on the occasion of the New Urban Communities Authority (NUCA) receiving the appreciation award in sustainable urban development, which is granted by the United Nations Human Settlements Program 2021 (UN-Habitat)

CBE Issues New Amendments to its Real Estate Financing Initiative

CBE amends some of the conditions of the real estate finance initiative for middle-income issued in December 2019,

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