Ardic Sells 600 Units in Zizinia New Cairo

Ardic for Real Estate Development has sold a total of 600 out of 1,800 units in its Zizinia project in New Cairo, and is studying increasing the EGP 8,000 price per meter square as a result of the recent economic dec ...

Coldwell Banker to Promote Projects Worth EGP 7 bn in 2017

Coldwell Banker expects to promote projects worth EGP 7 bn during 2017, compared to EGP 5.5 bn during 2016, reported Al Borsa

Real Estate Appraisal Association Demands Increase in Assessment Fees

The Real Estate Appraisal Association has requested that banks increase real estate assessment fees by 100% following the flotation of the Egyptian pound, reported Al Mal

Integrated Group To Develop Villa 55 Resort in Sharm El Sheikh

The Integrated Group for Real Estate Development (IGRED) has launched its latest 100,000- square-meter resort, named Villa 55, in Nabq Bay, Sharm El Sheikh at a total cost of EGP 420 mn, reported Al Mal

NUCA Prices New Cairo Land Plot for EGP 5,500 Per Meter

The New Urban Communities Authorities (NUCA) has priced a-155-acre-land plot in New Cairo for EGP 5,500 per meter square, according to unnamed sources in NUCA, Al Borsa reported

Public Lottery for Dar Misr Units to Begin Thursday

The public lottery for units in the Dar Misr middle-income housing project is set to start on December 8 and continue to December 18, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madboul ...

Mortgage Companies Provide EGP 783 mn by October 2016

Total real estate funding activity amounted to EGP 783 mn in the first 10 months of 2016, compared to last year’s EGP 732 mn, marking a 7% increase, according to Sherif Samy, head of the Egyptian Financial Supervisor ...

Sheikh Zayed City Demands EGP 100 mn for Projects Development

Sheikh Zayed City Authority has requested of Planning, Monitoring and Administrative Reform an additional budget worth of EGP 100 mn as part of the city’s current budget that is allocated for Dar Misr project , an el ...

Capital Group to Invest $250 mn by Q1 2017

Capital Group Properties (CGP) will be increasing its investments to a total of $ 250 mn by the first quarter of 2017, according to the company’s CEO Amgad Hassanein, reported Al Borsa

Egypro Bids Over Land in Assiut

As part of the New Assiut City development plan, an Egyptian company, Egypt Trading and Engineering Projects (Egypro), has joined eight other counterparts in bidding over 13,000 square meters lands for commercial use ...

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