Egyptian real estate market
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Developers
United Developments Initiates EGP 2 bn Project in NAC
Sunday, 28 February 2021
United Developments launches Capital Square, the company’s first business line in the downtown area of New Administrative Capital with expected value of EGP 250 mn, Invest-Gate reports.
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Developers
MAVEN Developments Partners With AXA Insurance
Thursday, 18 February 2021
MAVEN Developments partners with AXA Insurance Egypt for insurance to cover innovative insurance services for owners of Baymount project in Galala Ain Sokhna, Invest-Gate reports.
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Developers
Sky Abu Dhabi Real Estate Development Lands in Egypt
Tuesday, 2 February 2021
Sky Abu Dhabi Real Estate Development, and the subsidiary of Diamond Group, taps into the Egyptian real estate market as part of the company's expansion plan regionally and globally following its monumental success in the UAE’s real estate market, Invest-Gate reports.
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Developers
SODIC, AAIB Partner to Offer E-Payment Solutions to Clients
Wednesday, 23 December 2020
Sixth of October Development and Investment Company (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide customers with e-payment solutions through the developer's official website.
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Developers
AlKarma Rolls Out New EGP 1.8 bn Compound in Sheikh Zayed
Tuesday, 22 December 2020
AlKarma Developments has rolled out its newest property project in west Cairo's Sheikh Zayed, called "AlKarma Gates," with investments totaled at EGP 1.8 bn, intending for completion by 2024.
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Developers
Capital Link Plans for Another EGP 200 mn Project in NAC
Thursday, 10 December 2020
Capital Link Developments has confirmed plans to introduce its second real estate project in the New Administrative Capital (NAC), named "Dorado," with investments estimated at EGP 200 mn.
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Developers
MARAKEZ Latest Development ‘Town Center’ Now Open
Wednesday, 2 December 2020
MARAKEZ for Real Estate Investment, one of the largest malls and commercial developers and operators in Egypt, announced the official opening of Town Center on December 1.
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Developers
ODE’s Makadi Heights to Soon See Integrated Telecom Services
Tuesday, 1 December 2020
Orascom Development Egypt's (ODE) flagship project on the Red Sea coast of Hurghada, Makadi Heights, will soon see integrated telecommunication services, under the signing of a cooperation agreement with Telecom Egypt - WE.
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Developers
MIP Plans for EGP 3 bn Investments in 2020
Saturday, 7 November 2020
Misr Italia Properties (MIP) managed to post EGP 2 bn in sales of its various ongoing projects across the country during the first nine months of 2020, intending to pump investments worth EGP 3 bn by year-end.
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Business Events
Cityscape Egypt’s Next Edition to Show Big Appetite for Real Estate
Monday, 2 November 2020
Organizers at Cityscape, the most influential property exhibition in Egypt, are confident that this year’s event will show the local real estate sector’s appetite to get "back to business," with several key drivers such as central bank efforts, changing buyer needs, and ongoing investment confidence minimizing the impact of COVID-19 on the market.
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Last Modified March 7, 2021