News / Egypt

Egypt Free Zones See EGP 3 bn Investments

The Egyptian housing ministry revealed that there are currently nine free investment zones, with investments totaled at EGP 3 bn, located in various areas across the country.

Finance Ministry Denies Amendments to VAT, Income Tax Laws

Egypt's Ministry of Finance denied news circulated on any fundamental amendments made to the income tax and value-added tax (VAT) laws.

MBG Eyes EGP 1 bn Sales in 3M: Chairman

Egypt’s real estate developer MBG targets achieving EGP 1 bn in sales of Pukka project in the New Administrative Capital (NAC) in the upcoming three months

Advertorial: Iwan Developments Conquers the Real Estate Scene

Despite intense competition in the real estate market, especially within recent years, Iwan Developments seizes the market with its profound long history of over 15 years and mastered the challenges encountered over the course of operation, thanks to its extensive experience and comprehensive knowledge in such field.

Mardev Developments Builds EGP 2 bn Project in NAC

Mardev Developments is currently implementing Menorca Residence in the New Administrative Capital (NAC), pumping investments amounted at EGP 2 bn, with 15% of the project marketed since its launch last May

JLL Remains Positive on Cairo Real Estate Market

JLL revealed in its latest report that Cairo’s real estate market, with its various sectors, remained strong and saw healthy demand levels throughout the first half of 2019.

SUD to Construct New Mansoura’s The Pearl Early 2020

Safwa Urban Development (SUD) plans to begin in early 2020 construction works at "The Pearl," its latest integrated urban development in New Mansoura.

Landmark, SAK Form JV for New Project in NAC

Horizon, a joint venture (JV) between Landmark for Real Estate Investments and SAK Developments, will develop a new commercial and administrative project, "Elite New Capital," in the New Administrative Capital (NAC), east Cairo.

Arkan for Construction & Real Estate Acquires Land in West Cairo

Arkan for Construction and Real Estate has acquired a 2,000-square-meter land plot in Sheikh Zayed, west Cairo, to implement a commercial and administrative center, with investments worth EGP 65 mn,

Gov’t Uncovers New Facilitation for Real Estate Taxpayers

Egypt's Ministry of Finance, in cooperation with the Arab Organization for Industrialization, will begin to provide new outlets, or "Caravans," through which taxpayers residing in seasonal areas will be able to pay their real estate taxes.

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