Tatweer Misr recorded EGP 2 bn worth of sales in H1 2020 - equivalent to 75% of the developer's target sales for the period, making way for similar gains in the months ahead to log contractual deals of EGP 6 bn by year-end.
Egypt's Builderia Development plans to pump EGP 500 mn into its first intelligent administrative complex in the New Administrative Capital (NAC), or "Paragon," aiming for completion in 2022.
Informa's Cityscape real estate exhibition will take place from November 4-7 at the Egyptian International Exhibition Center (EIEC) in New Cairo, after being postponed back in March due to COVID-19 outbreak.
President Abdel-Fattah El-Sisi has issued a presidential decree to implement four new non-profit private universities, in an attempt to better serve different areas and change the scope of higher education in Egypt.
New Alamein City Authority has held the first auction for 11 mixed-use properties, in a bid to offer the necessary services and facilities to roll out a fully-fledged all-year-round city.
Marseilia Group has delivered phase II of its North Coast flagship project, dubbed "Marseilia Beach 4," with a total of 850 chalets and villas, in the face of strains endured to continue construction and finishing works due to Coronavirus.
Since its inception two years ago, Egypt-based Sorouh Developments registered EGP 2.5 bn worth of sales from its flagship project in the New Administrative Capital (NAC), or "Entrada," over the last two years.
City Edge Developments (CED) has signed a cooperation protocol with Suez Canal Bank to offer more diverse mortgage finance products, in line with the Central Bank of Egypt's (CBE) initiative to boost the field of real estate lending in Egypt.
Sixth of October for Development and Investment Company's (SODIC) gross contracted sales of residential units stood at EGP 1.83 bn in H1 2020, almost flat compared to EGP 1.86 bn in the year-ago period.
Egypt's real estate developer Hassan Allam Properties (HAP) has upped its stake in the Sixth of October for Development and Investment Company (SODIC) to 3.9% from 2.22%.
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