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Cairo Festival City Mall Plans to Open, Renovate 49 Stores by End of 2024

Cairo Festival City Mall, a part of Al-Futtaim Group Real Estate, has unveiled plans to introduce a fresh array of stores and restaurants, aiming to cater to the burgeoning customer demands and bolster the mall's stature as a premier shopping, entertainment, and dining destination, Invest-Gate reports.

Scope Developments Chairman: Real Estate Prices Surge Fivefold in Past 5 Years, Underlining Investment Profitability

Mohamed Ghobashy, Chairman of Scope Developments and a Board Member of the Egyptian Society of Real Estate Appraisers, emphasized that real estate stands out as the premier investment avenue, a fact underscored by decades of empirical evidence, Invest-Gate reports.

El Sherbini Reviews Progress of CSCEC Projects in NAC, New Alamein with Company Officials

Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, convened a meeting with representatives of the Chinese company "CSCEC" in Egypt to oversee the progress of the company's projects in the New Administrative Capital (NAC) and New Alamein City, Invest-Gate reports.

Housing Minister Engages with Real Estate Developers to Explore Participation in WUF12 Activities

Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, has convened with a consortium of real estate developers to deliberate on their involvement in the forthcoming 12th session of the World Urban Forum (WUF12) scheduled for November, Invest-Gate reports.

Saudi Arabia Aims to Register Over 8 Million Properties in Real Estate Registry System

According to Taysir Al-Mufarrij, director general of strategic communication at the Saudi General Authority for Saudi Arabia, the country aims to register more than 8 million properties through its new Real Estate Registry System over the next 4-5 years, Invest-Gate reports.

Newsweek: Rapid Development in Construction at NAC

The American magazine Newsweek lauded the swift progress in the New Administrative Capital (NAC) as depicted in new photos captured by NASA, showcasing the substantial evolution of the NAC from a nascent construction site into a sprawling urban hub, Invest-Gate reports.

Binghatti Introduces Binghatti Royale with AED 600 mn Investment

Dubai-based property brand Binghatti has unveiled Binghatti Royale in Jumeirah Village Circle (JVC), Invest-Gate reports.

Dubai Real Estate Sales Surge to AED330 bn in First Eight Months of 2024

Dubai's real estate market has experienced a significant surge in 2024, with sales reaching AED 330 bn across 112,630 transactions by the end of August, Invest-Gate reports.

IMKAN Misr Inks Deal with Forward Construction for 3 Residential Areas in “Alburouj” Project and Global Energy for Third Phase Infrastructure

IMKAN Misr, a prominent real estate development company, has announced the signing of an agreement with Forward Construction for the construction of three new residential zones within the "Alburouj" project, a premier integrated residential community in New Heliopolis, with a total investment estimated at around EGP 1.6 bn, Invest-Gate reports.

Savills Egypt Records Robust North Coast Real Estate Sales Performance in 2024

Savills Egypt, the local office of the prominent global real estate advisor, has reported a notable surge in real estate sales rates along the North Coast, particularly in Ras El Hekma, which has emerged as a standout location, Invest-Gate reports.

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