Egypt’s annual headline inflation rate rose to 7.1% in December 2019, compared to 3.6% in November of the same year
Palm Hills Developments (PHD) announced signing a loan agreement of EGP 505 mn with Ahli United Bank Egypt (AUB)
Executive Director of the Development Fund for Slums Khaled Siddiq said that work is ongoing on three residential towers in Maspero Triangle to welcome its former dwellers
Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa said his company plans to launch EGP 2 bn sukuk program in April, aiming to secure medium-to-long-term financing for its recurring projects
Egypt's property developer The Waterway has rolled out its latest integrated business hub in New Cairo, called “5A,” with investments valued at EGP 4 bn, fusing administrative, commercial, and recreational services in one spot.
New Urban Communities Authority Communities' (NUCA) Vice President Kamal Bahgat said 5,800 social housing units in Sadat City had reached an execution rate of 75%.
Suez Governor Abdel Mageed Saqar and Executive Director of the Informal Settlements Development Fund (ISDF) Khaled Siddiq have inked cooperation agreement to revitalize 15 slums in Suez.
Orascom Construction has won approximately USD 770 mn (EGP 48.65 mn) of new awards added to its backlog in Q4 2019
Invest-Gate initiated the very first discussion channel between two of the foremost real estate market pillars, developers and brokers, bringing them under one roof at its latest roundtable on January 15, titled “Regulating the Real Estate Developer-Broker Relationship.”
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that phase I of Badr City's Sakan Misr middle-income project, which comprises 1,272 apartments, reached a completion rate of 96%.
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