Endowments Look Into Logistics of Retaining Properties in Greece

• Monday, 16th January 2017
• by Yasmin El-Beih

A Ministry of Endowments delegation recently visited Greece to discuss retaining Egyptian properties in the Mediterranean country.

Government Invests in the Development and Maintenance of Khedivial Cairo

• Monday, 16th January 2017
• by Yasmin El-Beih

State-owned Misr Real Estate Assets Management (MREAM) has completed maintenance and development works on 12 historical properties in Khedivial Cairo, the media office told Invest-Gate.

REDCON Sells 50% of its Blue Capital Project to Swiss Company

• Monday, 16th January 2017
• by Yasmin El-Beih

REDCON for Real Estate has sold 50% of its Blue Capital office project located in New Cairo to ABB for Green Technology to a Swiss company, according to a press release.

Bedaya Opens Reservation of Units in New Cairo’s Premiere Project

• Monday, 16th January 2017
• by Yasmin El-Beih

Bedaya for Real Estate Development has opened reservation for the first phase of its new Premiere residential project located in Lotus, New Cairo, Invest-Gate reports.

New Developments to Commence in East of Port Said City

• Monday, 16th January 2017
• by Yasmin El-Beih

The Ministry of Housing, Utilities, and Urban Communities plans to assign companies that are part of the Suez Canal Authority to develop construction works that will protect and develop artificial lakes and beaches in East Port Said City, according to a released statement.

SODIC Denies Delaying Plan to Develop Project with HELI to September

• Sunday, 15th January 2017
• by Yasmin El-Beih

SODIC corrected rumors concerning delaying the submission of the general plan for project development with Heliopolis Company for Housing & Development (HELI) to September, stating that they only pushed the deadline 10 weeks to March 2017.

300,000 Buildings Prone to Collapse, say experts

• Sunday, 15th January 2017
• by Yasmin El-Beih

There are 300,000 buildings in Egypt prone to collapse, Dr Hussein Gom’aa, head of the Egyptian Association for the Real Estate Heritage, told Invest-Gate.

Egyptians Pump EGP 13bn in Dubai’s Real Estate Sector

• Sunday, 15th January 2017
• by Yasmin El-Beih

A report from Dubai’s Land Department states that Egyptians were top investors in Dubai’s real estate during 2016, with around 1,364 Egyptian investors spending a total of EGP 13 bn in real estate purchases, Al Masry Al Youm notes.

Infrastructure Projects to be Implemented on 1400 acres of Lands, New Minya City

• Sunday, 15th January 2017
• by Yasmin El-Beih

Infrastructure project tenders will be offered to contractors to develop 1400 acres of land in New Minya City, Head of the City’s Authority Mohamed Wahba mentioned in a released statement.

New Residential Project to Substitute Slum Areas, Alexandria

• Sunday, 15th January 2017
• by Yasmin El-Beih

A new residential project, Bashyer El Kheir 3, will be constructed in Alexandria to move residents living in slum areas to much safer homes, following a protocol signed by the Housing Ministry’s Deputy for Urban & Slums Development Ahmed Adel Darwish, Invest-Gate reports.