Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1

Egypt’s Palm Hills Developments (PHD) posted EGP 2.2 bn sales (residential and commercial) in Q1 2019, with 374 units sold in total, marking a 5% surge YoY that arisen notably from continued uptake of launched pro ...

Al Marasem Uncovers New Partnership System at Fifth Square Project

Al Marasem International for Development, affiliated to Saudi Binladin Group, has launched a new partnership system at its Fifth Square project in New Cairo, enabling clients to invest in a top-quality product wit ...

Al-Futtaim Malls Announces Expansion to Cairo Festival City Mall

Al-Futtaim Malls announced on April 11 the launch of a new 22,143-square-meter expansion to Cairo Festival City (CFC) Mall, east Cairo.

ARDIC Signs Deal to Sell 500 Units in Zizinia El Mostakbal

ARDIC for Real Estate Development and Investments has signed a cooperation protocol with the Federation of Cooperative Housing (FCH) to deliver 500 units of Zizinia El Mostakbal's total number of residential prope ...

Dorra Group Implements 25% of Address East

Karim Sultan, head of HR and Administration at Dorra Group, revealed that the implementation rate at the company residential project in New Cairo, Address East, has reached 25%, after fully marketing 50% of the pr ...

MNHD Sells Plot in Taj City to Develop Apartment Hotel

Madinet Nasr Housing and Development (MNHD) announced on March 26 that it will sell a non-residential plot in Taj City, east Cairo, to Minka Real Estate Investment for EGP 184.8 mn, in a bid to develop the first h ...

Palm Hills Mulls Developing Project in New Mansoura

Egypt's real estate developer Palm Hills Developments studies developing a new project across 100 or 200 acres in New Mansoura city and is currently preparing the project's feasibility studies.

Tatweer Misr Inks MoU to Build Egypt’s 1st American International Branch Campus

Egypt-based property developer Tatweer Misr has signed a memorandum of understanding (MoU) with New Jersey Institute of Technology (NJIT) and Ocean County College (OCC) to establish Egypt’s first American Internat ...

Wadi Degla Allocates EGP 5.3 bn for Construction Works in FY 2019/20

CEO of Wadi Degla Holding Maged Helmy said the firm is allocating EGP 5.3 bn for construction works of its projects in Egypt in FY 2019/20.

Disputes Between Emaar Misr, El Nasr Show Potential Resolution

Emaar Misr for Development said the arbitration case filed by El Nasr Housing and Development is still under court review, confirming that negotiations are positive.

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