News / Egypt

Egypt’s TMG Holding Logs 11% Net Profit Rise in H1

Egyptian real estate developer Talaat Moustafa Group (TMG) Holding announced a rise of 11% in its net profits in the first half (H1) of 2018

Final Stage of Reserving New Capital Units Has Began: Madbouly

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, announced that the final step for the electronic booking of the Capital Residence compound, in the New Administrative Capital, began on Sunday, August 12 and will continue until Saturday, August 18 - or until all units are booked

Cabinet Approves Amendments to Real Estate Tax Law

Egypt's Cabinet, headed by Prime Minister Mostafa Madbouly, has discussed several issues including the implementation of the real estate tax and its valuation

Egypt Sees Construction Boom With USD 348 bn Active Projects

Egypt is going through a phase of economic prosperity across the board, particularly in the construction sector, with over 1,400 construction projects being implemented with investments valued at USD 348.2 bn

Egypt Property & Investment Show to Be Held on September 5

UAE-based Al Nayrouz Exhibitions is partnering with Everest Real Estate Investment to hold “Egypt Property and Investment Show” to boost Egypt’s real estate market

Investment Opportunities in 4 Mega Projects in 10th of Ramadan: PM

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has announced the availability of promising investment opportunities in four mega projects in the 10th of Ramadan City

Exemptions Booklet Released for Real Estate Taxpayers

The Egyptian Real Estate Tax Authority has published a booklet including the conditions for exempting privately owned houses from real estate taxes

Sisi Opens Sohag National Museum

President Abdel-Fattah El-Sisi inaugurated Sohag National Museum on Sunday, August 12, in the presence of Prime Minister Mostafa Madbouly, Minister of Antiquities Khaled al-Anani, and other senior state officials

Porto Group Offers Investment Opportunities Through The Park Mall

Porto Group has revealed its newest commercial project, the Park Mall, in Porto New Cairo in the Fifth Settlement, Invest-Gate reports.

Al Ahly Uncovers GAIA in North Coast

Egypt’s Al Ahly for Real Estate Development has recently introduced GAIA, its latest project in the North Coast that aims to create a living planet that offers all services that make life complete, Invest-Gate reports.

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