Aldar, Apparel Group Seal 23 Lease Store Contracts

Aldar Properties, Abu Dhabi’s leading property development, management, and investment firm, has sealed a major deal with global fashion and lifestyle retail conglomerate Apparel Group, regarding 23 stores across ...

Japan Grants Egypt USD 18 mn to Bolster Healthcare Sector

The Japanese International Cooperation Agency (JICA) will provide USD 18 mn to develop a new building for outpatient clinics of Abu El Reesh Pediatric Hospital, aiming to bolster Egypt's healthcare sector and enha ...

Sisi Approves EGP 11.415 mn Deal with China for Railway Project

Egyptian President Abdel Fattah El Sisi issued on May 9 a decree approving a framework agreement with China, under which Beijing will offer a soft loan not exceeding CNY 4.604 mn yuan (around EGP 11.415 mn) to Cai ...

DEGAROUTE Wins New Road Project in Egypt

DEGAROUTE, one of the world’s leading companies in specialty chemicals, was awarded a new project in Egypt to develop 500 kilometers of Cairo-Sharm El Sheikh highway in both directions

Dubai’s Sobha Realty Enters UK with New Sales Office

Dubai-based property developer Sobha Realty has made its debut in the UK market with the launch of Sobha Global Studio in Central London's Mayfair district, covering 4,800 square meters.

Marakez to Open Mall of Tanta in August

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, plans to open its latest commercial project, Mall of Tanta, in Gharbia governorate next August, with total investments of ab ...

Savills Signs JV to Expand Presence in Egypt

UK-based property advisor Savills has signed a prominent joint venture (JV) agreement with Egypt-based Sphere Property Management, in a bid to strengthen the company’s presence in Egypt.

Egypt’s Residential Properties to See Continued Demand: Experts

Prices of residential properties in Egypt are set to continue hiking in 2019, despite the rising trends geared towards decreasing prices, including the provision of smaller properties, more flexible payment method ...

Eight Russian Firms to Operate in Russian Industrial Zone

Eight Russian companies signed on February 20 memorandum of understandings (MoUs) with Andrey Slepnev, director general of the Russian Export Center, in the attendance of Chairman of Egypt's Suez Canal Authority a ...

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 ...

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