Businesses to Return to Pre-Corona Profit Levels Before 2023: HSBC

Results of a recent HSBC poll show that almost nine in 10 (89%) Egyptian businesses forecast revenue growth in 2021, whereas 83% foresee their bottom lines to bounce back to pre-Coronavirus levels by the end of 20 ...

Egypt Economic Summit Sees Bright Future for Local Real Estate Sector

Egypt Economic Summit has discussed the future of the country's real estate sector amid the Coronavirus woes, highlighting the benefits of the health crisis on the market.

Orientals for Industrial Projects to Complete Phase I of OIC in 2021

Egypt's Orientals for Industrial Projects has revealed plans to complete the development of phase I of OIC, the newest integrated industrial city in Ain Sokhna, by April 2021.

MARAKEZ Latest Development ‘Town Center’ Now Open

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.

Seldar Misr to Invest EGP 3 bn in New Cairo’s Al Jazi Egypt

Seldar Misr has announced plans to pump EGP 3 bn worth of new investments into Al Jazi Egypt, its mixed-use branded residences project in New Cairo, over the next two years.

Cityscape Egypt’s Next Edition to Show Big Appetite for Real Estate

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 driver ...

Porto Group Reveals New Vision to Rebrand to Porto Developments

Egypt-based property developer Porto Group has announced its next big move to restructure business and rebrand to Porto Developments.

Emaar Misr to Host Egypt’s 1st Fashion Week at Uptown Cairo

Emaar Misr has announced hosting Egypt’s first celebration of fashion and innovation at its flagship project on Mokattam Hills, Uptown Cairo.

NUCA Allocates 53 Mixed-Use Plots in 22 New Cities

The Board Directors of the New Urban Communities Authority has approved on its meeting with Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities via video conference the allocation of 53 plots in ...

UAE’s Al Habtoor Preps for New Office in Cairo

UAE-based business conglomerate Al Habtoor Group (AHG) is putting the finishing touches on its newest office in Cairo, which is set for inauguration by year-end.

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