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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.

SODIC HQ to be Solar-Powered in 2020

Sixth of October Development and Investment Company's (SODIC) headquarters in west Cairo will run 100% on renewable electricity by 2020, in a bid to generate clean energy and reduce its carbon footprint

Concept to Deliver Siela North Coast by Year-End

Concept Real Estate Group plans to hand over Siela North Coast project’s units initially by the end of this year

Cabinet Debuts Its Meetings in New Alamein

Egypt's cabinet, headed by Prime Minister Mostafa Madbouly, held on July 25 its weekly meeting at the new headquarters located in New Alamein for the first time

Real Estate Taxes to be Automated

Egypt's finance and military production ministries signed on July 17 a cooperation protocol to automate the country's real estate taxes, coming as part of the state's plan to attain financial inclusion through the automation of all payments

Phase I of Roxy Smart Parking Officially Kicks Off

The first phase of the four-story Roxy Smart Parking in Heliopolis, east Cairo, was inaugurated on July 21 by Prime Minister Mostafa Madbouly, marking the first fully-automated underground garage in Egypt and the Middle East.

Invest-Gate Forms Its Real Estate CSR Committee

Invest-Gate forms the first corporate social responsibility (CSR) committee for the Egyptian real estate sector, along with key property developers, to carry out social investment and enhance the livelihood of those underprivileged, complementing the success made by the former's first real estate industry charitable Sohour “Bab El Ezz."

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