Egypt’s Annual Headline Inflation Rises to 7.2%

Egypt's annual headline inflation rate recorded 7.2% in January 2020, compared to 7.1% in December 2019

Works Underway on 613 Buildings in New Mansoura

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced that 468 buildings, with 11,232 residential units, are underway at the JANNA luxury housing project in New Mansoura

Cabinet Approves Amendments to Property Tax Law

Egypt's cabinet approved draft amendments to the Real Estate Tax Act, exempting idle land from property tax

Cornerstone Makes Debut with 1st Project in NAC

Egypt’s property developer Cornerstone Development has made debut with its first project in the Egyptian real estate market, "The Curve," located in the New Administrative Capital (NAC).

Egypt One of Brightest Spots: GlobalData

Egypt is deemed one of the region's "brightest spots," where construction is expected to expand by an annual average of 11.3% between 2019 and 2023.

Majid Al Futtaim Plans for EGP 16 bn Investments in Egypt

UAE retail conglomerate Majid Al Futtaim CEO Alain Bejjani has revealed planned investments worth EGP 16 bn (USD 996.26 mn) in Egypt over the next two to three years, EGP 14 bn (USD 866.64 mn) of which will be all ...

IPS Riyadh to Host 16 Egyptian Developers Next December

The International Property Show (IPS) Riyadh, KSA, will host 16 Egypt-based property developers, meeting the government's plans to export Egyptian real estate abroad and convening from December 12 to 14, under the ...

Invest-Gate Wins ‘Best Real Estate Information Platform’ 2019

AI Global's BUILD Review has awarded Invest-Gate the "Best Real Estate Information Platform" for 2019 for its impressive performance in Egypt and the Middle East.

Kuwait to Fund Phase II of Sinai Development With USD 1 bn

Egypt and Kuwait signed two financing deals worth over USD 1 bn to finance the second phase of the Sinai development program

A 20-Day-Offer in Celebration of PHD 20-Year-Achievement

In celebration of its 20-year-achievement, Palm Hills Developments (PHD) provides a special offer to its potential clients for 20 days from October 20.

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