Manazel Real Estate Exhibition’s second edition kicked off on December 3 in Geziret El Ward Club, Mansoura, running for three days to host around 2,000 visitors, featuring unique incentives and attractive offers by the diverse range of exhibiting property developers.

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.

Abdul Muttalib Mamdouh, Vice President of the New Urban Communities Authority (NUCA), has inspected the ongoing projects in the new cities of Damietta and Mansoura, accompanied by Kamal Bhagat, assistant Vice President of the authority, authority officials, and Mohamed Ragab, head of the New Damietta City Development Authority, Invest-Gate reports.

The Egyptian government agreed on January 5 to undertake extensive renovation works at downtown and south Mansoura, with costs estimated at EGP 250 mn, intending for completion by next year.

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, has acquired a 47-acre land plot from the Internal Trade Development Authority (ITDA) in Mansoura city to develop a new internationally modeled commercial mall.

Property Banker has successfully held a two-day exhibition entitled "Le Salon Real Estate Boutique" in Mansoura city, featuring mega real estate developers such as Emaar Misr, Castle Development, City Edge Developments, Tatweer Misr, among others.