Housing Committee Mulls Amendments to Old-Rent Contracts

Egyptian Parliament's Housing Committee approved on June 11 a proposed amendment that would see tenants, who signed long-term leases before 1996 and are using their properties for non-residential purposes, pay sig ...

Orascom Construction Seals USD 475 mn Deals in Q1 2019

Egypt-based Orascom Construction has announced adding new contracts worth USD 475 mn to its backlog during the first quarter of 2019, driving the company’s consolidated backlog to hit nearly USD 4.2 bn as of March ...

SODIC Intends Sealing EGP 7.2 bn Contracts in 2019

Egypt-based Sixth of October for Development and Investment (SODIC) intends to seal EGP 7.202 bn contracts in 2019, while also planning to invest around EGP 5.173 bn across its developments and its subsidiaries' p ...

IPS Records EGP 430 mn Sales in 4 Days

International Property Show (IPS) Egypt, held from January 10 to 13, has achieved a sales volume of EGP 430 mn during the four-day event.

Bloom Properties Awards Contracts Worth AED 1 bn for 5 Projects

Abu Dhabi-based developer Bloom Properties is awarding five construction contracts valued at over AED 1 bn since the beginning of 2017, Invest-Gate reports.

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