Land Offering for Residential Development in Fayoum – Posponed

The Fayoum Housing Directorate has postponed the offering of 158,000 square meters earmarked for residential and service projects to next year, when all facilities on site have been constructed.

Egyptians Rank Second Among Non-GCC Arab Investors in Dubai Real Estate

Investors from Egypt constitute the second largest number of non-GCC Arab investors in the Dubai real estate market, according to the Dubai Land Department.

New Alamein City to See EGP 3B Investment

A recent report by the Ministry of Planning revealed development costs for New El Alamein city for the 2016/2017 fiscal year is estimated to be EGP 3 billion.

Madar to Invest EGP 4.5 B in Real Estate Market in 2017

Madar Holding Company for Real Estate Development is set to invest EGP 4.5 billion in the real estate market in 2017 and launch new projects, revealed Gasser Bahgat, the company’s Board of Directors Chairman and Mana ...

Housing Ministry to Offer Plots to Real Estate Investment

Ministry of Housing, Utilities, and Urban Communities is currently working on scanning and preparing a list of all land in Egypt that can be offered for real estate investment purposes, Assistant Minister of Housing ...

New Vision Set to Launch 5 New Projects for EGP 70 M

New Vision, a real estate investment company, aims to raise their investment portfolio in the Egyptian market to EGP 1 billion through investments in New Cairo, and Mohandessin, by the end of 2019, said Chairman of t ...

GAFI Discussions Ongoing to Develop Taba-Nuweiba Region

There are ongoing discussions by the General Authority for Investment (GAFI) to put Taba and Nuweiba on the global investment map for tourism and investment, said member of the Nuweiba-Taba Tourism Investors Associa ...

Government, Developers Begin Pricing Negotiations over Administrative Capital Land

Administrative Capital City for Urban Development, the company managing the new administrative capital, has started negotiations with real estate developers over pricing dynamics of lands in the new capital.

Wadi Degla to Begin Construction of EGP 13M Neopolis Project

Wadi Degla Developments has begun construction of its Neopolis project, with investments worth EGP 13.3 billion ($1.5 billion), the company announced in a press statement.

UDH Launches its First Project With EGP 4B Investments

Upscale Development Holding (UDH), an emerging real estate company, launched its first project worth EGP 4 billion ($ 450 million) in Borg El Arab, said Chairman Mohamed Khairy

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