News / Middle East

MARAKEZ Wins at this year’s Global RLI Awards

MARAKEZ, one of Egypt’s leading mixed-use developers, is awarded 2022’s Global RLI Awards, Invest-Gate reports.

Mountain View, Alesayi Investment Group Pen Deal to Form JV in Saudi Arabia

The JV also aims to promote investments in the sector, inside the Kingdom.

JLL Hosts Symposium for Real Estate Decarbonization in COP27

Victoria Burrows, Director for Advancing Net Zero at World Green Building Council, maintains that greening of energy grids is imperative, along with partnerships between the public and private sectors.

Elsewedy’s Unit, Geocycle, Lafarge Egypt to Foster Green Transformation At Sokhna 360

Under the MoU, Geocycle, a provider of sustainable waste management solutions, will integrate green and eco-friendly solutions by contracting with factories in Sokhna 360 for the safe and sustainable management of industrial waste.

REDCON Signs Sustainable Communities Initiative Declaration During COP27

The initiative is intended at uniting, coordinating, and guiding stakeholders’ actions across the built environment value chain that will ensure the well-being of people and the planet through the construction and real-estate sector practices in Egypt.

Lafarge Egypt Opens SwissCham Egypt’s Pavilion in COP27

Ignazio Cassis, President of the Swiss Confederation, praises the efforts of Swiss manufacturers paid to address climate change.

Arabisk Development Eyes Expansion in Egypt, GCC

Abdel Hamid Al-Wazir, Chairman of Arabisk Real Estate, notes that the company will open new branches and headquarters to keep pace with the expansion of its projects.

Savills: Industry Leaders Discuss Sustainability Road Map for Real Estate in Egypt

Savills is working with its partners on their developments, primarily commercial buildings that are currently under construction, seeking the LEED Platinum certification.

El Riyad Castle Hires Concorde El Salam Hotels to Manage Valore El Thawra

The agreement also provides for leasing for rent hotel units to clients.

MODON Development Avoids Using Pollutants in Projects; Depends on Solar Energy

MODON uses solar power in all its current projects to rationalize energy consumption, save the environment, and reduce operational costs.

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