SODIC Launches Matcha, Good Days in CAESAR, Expanding Hospitality, Retail Offerings in Egypt’s North Coast

SODIC, Egypt's premier real estate developer, has unveiled Matcha, its latest commercial hub situated at the core of CAESAR in Ras El Hekma, alongside Good Days, a boutique concept featuring luxurious serviced apa ...

JLL: Diversified Portfolios and Investments in High-Demand Sectors to Foster Resilience in Egypt’s Real Estate Market

A panel of experts at JLL's 'Resilience Reframed - Capitalising on Egypt's Real Estate Opportunities' event in Cairo resilience in Egypt’s real estate market, Invest-Gate reports.

Orascom Development Egypt Releases Preliminary Unaudited KPIs for FY 2023

Orascom Development Egypt (ODE) has announced its preliminary real estate and hotel Key Performance Indicators (KPIs) for FY 2023, Invest-Gate reports.

JLL Report: Cairo’s Hospitality Sector Set for Continuous Growth as Egypt Prepares for 15 mn Visitors in 2023

According to JLL's Cairo Real Estate Market Overview Report for Q3 2023, Cairo's occupancy levels continued to show robust growth, reaching 68% in August 2023 compared to 61% during the same period last year, Inve ...

Dubai Hotel Apartment Stock Reaches 25,500 Units in May

The number of hotel apartments in Dubai totalled 25,500 units within 193 properties by the end of May, according to statistics from Dubai's Department of Economy and Tourism.

Cairo’s Office Sector Adds 37.5k Sqm GLA in Q2 2023: JLL

In Q2 2023, Cairo’s office sector saw only one notable project completion, adding about 37,500 square meters of office gross leasable area and bringing the total stock to around 1.94 million sqm, according to JLL' ...

Cairo Real Estate Market Withstands Current Economic Turmoil

Although the office market has seen an increase in supply, rents have reduced by 1% on an annual basis due to currency depreciation.

The residential market is facing construction delays and rising costs, pu ...

Maxim Hotels Plans to Open 20 Hotels By 2025

Samir notes that the expansion plan includes the Kingdom of Saudi Arabia, specifically the city of Al-Ula, as well as the continuation of the expansion in the Egyptian market.

Middle East, Africa Report Declines in Hotel Pipeline: STR

The US-based hospitality sector analytics provider STR announced a 5.7% year-on-year (YoY) dip in the volume of rooms in the underway projects' final phase in the Middle East region last October, with Egypt coming ...

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