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1st Phase of New Al-Alamein Will Be Ready by 2020: Madbouly

Prime Minister Mostafa Madbouly,  who is also the Minister of Housing, Utilities, and Urban Development,  has stressed on the necessity of finishing the first phase of New Al-Alamein city before 2020

Dubai’s Emaar to Double Investments in Egypt

Dubai-based Emaar Properties Chairman Mohamed Alabbar revealed plans to double his company's investments in Egypt to EGP 100 bn over the next five years

Hassan Allam to Form JV with Lightsource BP for Solar Projects

Hassan Allam Utilities, the utilities arm of Egyptian engineering group Hassan Allam Holding, will set up a joint venture with Lightsource BP, a renewable energy development firm, for new projects

JLL Sees Cairo Real Estate Market Improving Further

Cairo’s real estate market is recording an ongoing improvement in performance across most sectors, particularly the residential sector as it is benefiting from soaring sale prices in 2018, Invest-Gate reports.

IMF Praises Egypt’s Economic Reforms

The International Monetary Fund (IMF) has praised Egypt’s economic reforms during its third review of the country’s loan program

Egypt’s Real Estate Market Is Strong: Badr El-Din

Mamdouh Badr El-Din, Head of the Real Estate Investment Division at the Federation of the Egyptian Chambers of Commerce (FEDCOC), has said that the real estate market in Egypt is very strong, denying any future long-term recession or decrease in real estate prices

Egypt Mulls Building Small Cities for Youth

President Abdel Fattah Al Sisi has met Prime Minister Mostafa Madbouly along with other ministers and officials to discuss building small cities for youth

Living Yards Launches The Loft in New Capital

Egypt-based Living Yards Developments has announced the launching of its first flagship project, The Loft, in the New Administrative Capital (NAC), featuring real British lofts, which have no walls and could be apportioned as desired.

Online Reservation For New Capital Units Starts July 17

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has announced that the first stage of online reservation for the New Administrative Capital's units started from Wednesday, July 17, on http://www.hdb-reservation.com/

AUR Capital, Wadi Degla Set Up Real Estate Private Equity JV

AUR Capital and Wadi Degla Developments have agreed to set up a real estate private equity joint venture

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