News / Egypt

Cityscape Awards Illustrate the Best and Brightest of Egypt’s Real Estate Sector

Following the conclusion of a successful two-day Cityscape Egypt Conference, the Cityscape Awards for Real Estate in Egypt illustrated advances in the real estate sector by recognizing outstanding concepts in real estate development and architecture

Egypt’s Net Foreign Reserves Increase to USD 42.5 bn

Egypt’s foreign reserves surged to USD 42.524 bn at the end of February from USD 38.209 bn the month before, facilitated by a USD 4 bn Eurobond sale last month

Egypt Receives Third, Final USD 1.15 bn of World Bank’s USD 3.15 bn Loan

The bank’s board of executive directors had approved the disbursal in December, to conclude a series of three annual loans issued by the bank to Egypt between 2015 and 2017, in efforts to support the country’s economic reform program

Egypt’s Ora Developers to Establish Multi-Billion Dollar Housing Project in Pakistan

The joint venture, “Project Eighteen” will cover 600 acres of land and is expected to cost around USD 2 bn. It will be delivered in phases starting this year, with delivery of the first phase expected in the next three years

Gov’t to Deliver 456 Units in Dar Misr Phase 1 in Sadat, Obour Cities

Minister of Housing Mostafa Madbouly announced that 360 and 96 housing units are ready to be delivered in the first phase of the middle-income project “Dar Misr” in Sadat and Obour Cities respectively

Cityscape Conference Draws Roadmap for the Future of Real Estate

The Cityscape Egypt Conference got off to a positive start today as experts and government authorities offered updates on major government projects, revealed ongoing progress in the real estate sector, and highlighted opportunities and challenges in the industry

Iwan Developments Celebrates Its 15th Anniversary, Reveals 2018 Investment Plans

Egyptian real estate developer Iwan Developments, a subsidiary of Iwan Group, held a press conference on March 8 in celebration of its 15th anniversary

Gov’t Delivers 192 Units in Dar Misr I in New Damietta

Minister of Housing Mostafa Madbouly announced that the New Damietta City Authority (NDCA) began on March 6 the delivery of 192 housing units in the first phase of the middle-income project "Dar Misr"

Ministry of Housing’s Annual Investments Exceed EGP 150 bn

The Ministry of Housing’s annual investments have exceeded EGP 150 bn due to the implementation of projects in different sectors

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