News / Egypt

NUCA’s EGP 4 bn Bond Issuance Wins ‘Deal of the Year 2020’

The Banker, a sister publication of the Financial Times, granted the New Urban Communities Authority's (NUCA) EGP 4 bn bond issuance the “Deal of the Year 2020 - Africa” award.

Misr Italia Properties Obtains EGP 650 mn Loan

Misr Italia Properties has inked a middle-term loan worth EGP 650 mn, coming as part of a bank consortium led by the National Bank of Egypt (NBE).

Gov’t Almost Finalizes 4,704 Units in New Mansoura

Egyptian housing ministry finished 90% of 4704 units, or 196 buildings, at the first phase of Sakan Misr middle-income project in New Mansoura.

Invest-Gate Releases Recommendations for Smart Real Estate Market Post-Pandemic

Invest-Gate wrapped up its first virtual roundtable on May 17, titled “Smart Real Estate Market Amid COVID-19,” tapping the knowledge and experience of local real estate gurus and creating a blueprint of smart solutions fit for real estate recovery and a future beyond the pandemic.

Invest-Gate’s 1st Virtual Roundtable Plots Road to Smart Real Estate Recovery Amid COVID-19

Invest-Gate’s first virtual roundtable dug deep trenches into the Egyptian property scene amid the COVID-19 outbreak, tapping the knowledge and experience of local real estate gurus and creating a blueprint of smart solutions fit for real estate recovery and a future beyond the current crisis.

Tatweer Misr Completes 70-80% of Building Works While Committing to Workers Safety

Tatweer Misr has completed 70-80% of construction works at projects' sites, continuing to work under new safety guidelines and precautionary measures to guard against Coronavirus, reveals its President and CEO Ahmed Shalaby, at Invest-Gate's first virtual roundtable, called "Smart Real Estate Market Amid COVID-19."

NUCA Extends Deadline for Land Payments: Expert

Mena Group Founder and Vice-Chairman of Egypt Businessmen’s Association (EBA) Fathallah Fawzy has confirmed that the government signed off on the real estate developers' request to extend the deadline for all land installments by six additional months, at Invest-Gate's "Smart Real Estate Market Amid COVID-19" roundtable.

Mountain View Addresses Occupational Safety & Health to Combat Coronavirus

Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Amr Soliman at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."

Smart Real Estate Seen a Boon for Home Hunters Amid Uncertainties

Demand for real estate tech and virtual services (i.e. augmented reality (AR), virtual reality (VR), 360° virtual panoramic tours, etc.) is forcefully surging in Egypt more than ever before, in efforts to boost sales and revive demand amidst heightened volatility due to the Coronavirus crisis, as highlighted at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."

Egypt’s Property Exports to Rebound After Coronavirus Storm: Shoukri

Rooya Group Chairman and CEO Hisham Shoukri foresees a strong comeback of real estate exports as the Egyptian property market begin recovering after the coronavirus storm passes, with a special focus on serviced apartments, at Invest-Gate's first virtual roundtable, dubbed “Smart Real Estate Market Amid COVID-19."

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