News / Egypt

Marsa Matrouh Witnesses 14 Development Projects for EGP 2.85 bn

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, states that 14 development projects are executed and underway in Matrouh Governorate at the cost of EGP 2.85 bn.

Abu Dhabi Capital Group Delivers 817 Units in Alburouj Project

Abu Dhabi Capital Group (ADCG) confirms the delivery of 817 units out of 2,728 units sold in the "Alburouj" project, covering an area of ​​5 mn sqm; and plans to deliver 670 units by the end of this year

New Real Estate Financing of EGP 100 bn for Low and Middle Income Announced

A new real estate finance initiative of EGP 100bn- allocated for low and middle incomes- is announced, confirms Mai Abdel Hamid, head of Social Housing and Mortgage Finance Fund

Misr Italia Properties Records Contractual Sales of EGP 2.5 bn in 2021 H1

Misr Italia Properties succeeds in achieving sales of EGP 2.5 bn during the first six months of this year. Moreover, it aims to record contractual sales of EGP 4 bn during the whole of the year, through it's projects in ew Cairo and NAC.

Reservation for “Housing for All Egyptians 2” Initiative is Open

Assem El Gazzar, Minister of Housing, Utilities, and Urban Utilities announces that the Social Housing and Mortgage Finance Fund (SHMFF) has opened the reservation for fully finished housing units, as part of President Abdel Fattah El-Sisi’s initiative “Housing for All Egyptians 2” for low- and middle-income segments.

Tatweer Misr and First Abu Dhabi Bank to Offer Mortgage Services

Tatweer Misr signs an agreement with First Abu Dhabi Bank (FAB), Egypt branches, to offer mortgage facilities at competitive interest rates, and payment lasting up to 15 years for new and existing clients.

SODIC Closes First Securitization Bond Issuance

SODIC for Securitization S.A.E, SODIC’s wholly-owned subsidiary, concludes successfully its first securitization transaction.

The Minister of Housing Follows Up on New Warraq City Development

Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, follows up on the implementation works in the New Warraq City development project, which aims to establish a new urban community on the lands of Warraq Island, affiliated to the New Urban Communities Authority NUCA, in the presence of Ministry and Authority officials.

El-Batal Group Achieves 25% ROI in “Rock” Projects

In conjunction with the full delivery of Rock Ville, Rock Vera, and the first phase of Rock Eden, El-Batal Group announces that its "Rock Compounds" projects have achieved investment returns of up to 25%

Contact and Sakneen Partnership: A One-Stop-Shop Mortgage Experience

Contact and Sakneen partner in one of a kind business platform in the fields of real-estate and mortgage, enabling clients to choose properties and finance them

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