Wadi Degla to Record EGP 6B in Sales for 2016

• Tuesday, 2nd August 2016
• by Heba Eid

Egypt-based real estate developer Wadi Degla Developments expects its sales revenues record EGP 6 billion during the current year, marking a 50% increase compared to last year, said Amr Al Kady, deputy CEO of Wadi Degla.

Mortgage Firms Grant EGP 540M in 2016

• Tuesday, 2nd August 2016
• by Heba Eid

Egyptian mortgage firms granted EGP 540 million during the first half of 2016, compared to EGP 542 million in the same half of the previous year.

Egyptians Rank Second Among Non-GCC Arab Investors in Dubai Real Estate

• Monday, 1st August 2016
• by Joana Saba

Investors from Egypt constitute the second largest number of non-GCC Arab investors in the Dubai real estate market, according to the Dubai Land Department.

Azmeel Group Invests EGP 250 M in 12 New Projects

• Monday, 1st August 2016
• by Joana Saba

Azmeel Group Real Estate announced the launch of 12 new real estate projects with total investments of EGP 12 billon at the Al-Ahram Real Estate exhibition.

Dar Al-Arabia Wins 19,500 Acres in Public Land Tender in Behira

• Monday, 1st August 2016
• by Heba Eid

Al-Dar Al-Arabia won two plots of land with a combined area of 29,500 square meters in a public land tender held by the Behira governorate in collaboration with the Ministry of Investment.

ABC to Develop 15.6 Acres in New Suhaj City

• Sunday, 31st July 2016
• by Heba Eid

ABC for Real Estate Investment attained the Ministry of Housing's approval to develop 15.6 acres in New Suhaj City.

Mokhtar Ibrahim to Develop 106 Acres in 2016

• Sunday, 31st July 2016
• by Heba Eid

Egypt-based construction firm Mokhtar Ibrahim plans to develop 106 acres in Helwan by the end of 2016, said Mohamed El Khatib, Deputy Chairman of Financial and Administrative Affairs.

EDBM Launches New Project in Matrouh

• Sunday, 31st July 2016
• by Heba Eid

Egyptian for Developing Building Materials (EBDM), widely known as Lift Slab Misr, signed contracts to develop 16,800 square meters of land in Marsa Matrouh.

New Obour City Update 3: Ministry Will Not Seize Land from Owners

• Sunday, 31st July 2016
• by Heba Eid

The Ministry of Housing will not seize land from any owners in New Obour City, said Minister of Housing Mostafa Madbouly.

Jumeirah to Launch Second Phase of Jumeirah Bay Ras El-Hekma Project

• Thursday, 28th July 2016
• by Heba Eid

Jumeirah Real Estate Investment and Sakan Development plan to launch the second phase of the Jumeirah Bay Ras El-Hekma project in the upcoming months.