New Obour City Authority Launches Property Code Enforcement Campaign

• Thursday, 20th October 2016
• by Karim Mohy

New Obour City Authority launched a campaign to enforce property codes in the city, removing and demolishing structures and encroachments found in violation of the codes, according to the authority’s head Amin Ghoneim.

Rock Eden Compound Sells 25% of its Units

• Thursday, 20th October 2016
• by Karim Mohy

Approximately 25% of the apartments in the Rock Eden Compound in 6th of October City have been sold, according to Adel Dous, Chairman of El Batal Group.

Homebuyers Protest Increase in Down-Payment for Social Housing Units in Port Said

• Thursday, 20th October 2016
• by Karim Mohy

Protests broke out in Port Said, demanding that the down-payment for units in the Social Housing Programme be paid to the governorate not the Housing & Development Bank, after they were asked to pay EGP 48,000 as a down-payment, in violation of the reservation contract.

Six Senses to Build Il Monte Galala Resort

• Wednesday, 19th October 2016
• by Karim Mohy

Tatweer Misr signed an agreement for Six Sense Hotels and Resorts to build and manage a resort in Tatweer’s Il Monte Galala project in Ain Sokhna.

Al Karma for Real Estate Plans Projects in New Cairo

• Wednesday, 19th October 2016
• by Karim Mohy

Al Karma for Real Estate Investment aims to build 10 projects in New Cairo on an area of 10,000 square meters at a total cost of EGP 140 mn.

Madinaty and Rehab Continue to Witness High Demand from Buyers

• Wednesday, 19th October 2016
• by Karim Mohy

A total of 811 units were reserved in Rehab and 660 units in Madinaty in two days’ time.

Saudi Al Hokair to Execute Service Projects for EGP 500 mn in New Administrative Capital

• Wednesday, 19th October 2016
• by Joana Saba

The Administrative Capital Development Company estimated the cost of the service projects being executed by the Saudi Arabian Al Hokair Group to be EGP 500 mn, on 50 acres of land in the New Administrative Capital.

Marriott to Debut Eco-Conscious Element Hotel in Egypt

• Wednesday, 19th October 2016
• by Karim Mohy

Marriott International announced on Tuesday plans to debut its Element Hotels eco-incubator brand in Egypt in early 2019 as part of Abraj Misr's The Gate Project.

Developers to Discuss Challenges in Facilities Management

• Tuesday, 18th October 2016
• by Karim Mohy

A facilities management conference is set to take place at the American University of Cairo on 24 October under the theme “Reviving Building Management in Egypt."

Land Prices increase by 30% in 10th of Ramadan City

• Tuesday, 18th October 2016
• by Karim Mohy

Commercial land plots in 10th of Ramadan City have witnessed an increase in prices in the past four months by up to 30%, with prices reaching up to EGP 67,000.