The Address Investments receives Best Sales Award from the Reedy Group, owner of the Azzar project in the Golden Square in the Fifth Settlement, Invest-Gate reports.

The Dubai property market has shown signs of recovery in the second half of 2020, despite the mobility restrictions and economic downturn caused by the coronavirus pandemic, Zawya reports.

Sixth of October Development & Investment Company “SODIC” releases its operational results for 2020, with gross contracted sales rose 2% YoY to reach a new record of EGP 7.4 bn, Invest-Gate reports.

The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.

Egypt-based real estate developer Misr Italia Properties (MIP) has managed to record contractual sales of EGP 2 bn in 2020, paired with the delivery of mixed-use units at five different property projects nationwide, despite the Coronavirus-induced slump.

Results of a recent HSBC poll show that almost nine in 10 (89%) Egyptian businesses forecast revenue growth in 2021, whereas 83% foresee their bottom lines to bounce back to pre-Coronavirus levels by the end of 2022.

Misr Italia Properties (MIP) announced it will start the delivery of the first phase of 'IL BOSCO' in 2020 ahead of schedule set in 2021

Egypt’s cabinet is currently reviewing the Real Estate Development Law legally to be sent soon to the parliament for approval

Egyptian real estate developer ARDIC for Real Estate Developments and Investments is to deliver all units of its residential project Zizinia El Mostakbal by 2020, Invest-Gate reports.

Egypt is eyeing the production of 84 mn tons of cement annually starting from 2020, Invest-Gate reports.