Madbouly Maps Out Priority Areas for Development in Egypt

Prime Minister Mostafa Madbouly Cabinet issued a decision that maps out priority areas in Upper Egypt that are in need of the Upper Egypt Development Authority’s attention

TAMEER Sees 64% Rise in 2018 Consolidated Sales, Profits

Egypt's real estate development and investment company TAMEER achieved a growth rate of 64% in its consolidated sales and profits to total EGP 742 mn for 2018, compared to EGP 453 mn in 2017.

Lafarge Egypt Chosen Cement Supplier to CSCEC’s Projects in NAC

Lafarge Egypt, a member of LafargeHolcim Group, has been chosen by the China State Construction Engineering Corporation (CSCEC) to be the sole cement supplier for the latter's projects being implemented at the Cen ...

Cityscape to Explore Property Landscape With 3 Regional Shows

Informa Middle East, the organizer of the Cityscape portfolio of events, will host a trio of back-to-back events across Egypt, Saudi Arabia, and the UAE during the period from March 24 to April 18.

JLL Reveals Key Expectations for Cairo’s Real Estate Market

JLL, a real estate investment advisory firm, expects the Egyptian residential sector to see growing foreign investor confidence in 2019 for its positive performance throughout the prior year.

Palm Hills to Exit Dubai-Based Unit

Palm Hills Developments' board of directors decided to liquidate its subsidiary affiliated to the Dubai Multi Commodities Center (DMCC), Palm Hills International.

Savills Expands in Egypt with One Zamalek

Savills, a UK-based real estate adviser, announced on February 20 the launch of its premier residential project that it is managing in Cairo, One Zamalek, aiming to set new benchmarks for quality property manageme ...

Draft Law for Real Estate Development Should be Finalized in 2M: PM

Prime Minister Mostafa Madbouly gave directives to quickly finish the draft law that will regulate the real estate development activity within two months.

CBE Lowers Interest Rates by 1%

The Central Bank of Egypt (CBE) announced that its Monetary Policy Committee (MPC) decided to cut interest rates by 1%

Emaar Misr Delivers 1st Phase of Beyout El Kheir Project in Qena

Emaar Misr, in collaboration with Misr El Kheir Foundation, has delivered the first phase of Beyout El Kheir project (Homes of Generosity) in Qena governorate, which is aimed at improving the living conditions of ...

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