Ashraf Salman Appointed City Edge Chairman

City Edge Developments (CED) said its board of directors (BoD) has approved the appointment of former Investment Minister Ashraf Salman as the company's chairman to replace Hassan Ghanem, who had been selected for ...

Reportage Properties Releases 463 Homes in Abu Dhabi’s Masdar City

Abu Dhabi's Reportage Properties has released its newest residential project in Masdar City, UAE, with prices starting at AED 500,000, bidding to deliver 463 luxury homes by Q2 2022.

Dolmen Developments Intends to Invest Over EGP 1 bn in NAC

Dolmen Developments intends to step into the Egyptian property sector with the execution of three administrative and commercial projects in the New Administrative Capital (NAC), aiming to invest more than EGP 1 bn ...

PHD Closes EGP 1.1 bn Loan Facility to Settle Debt

Egypt's property developer Palm Hills Developments (PHD) signed on December 18 a deal with the Commercial International Bank Egypt (CIB) to secure EGP 1.1 bn medium-term loan facility.

City Edge Developments Announces Management Changes

City Edge Developments (CED) has appointed Amgad Hassanein to the position of CEO to succeed Amr El Kady who has resigned his position

NAC’s Castle Landmark Sees EGP 100 mn Before Year-End

Egypt-based Castle Development has allocated about EGP 100 mn to complete 15% of construction works at phase I of Castle Landmark in the New Administrative Capital (NAC) before year-end

Majid Al Futtaim Plans for EGP 16 bn Investments in Egypt

UAE retail conglomerate Majid Al Futtaim CEO Alain Bejjani has revealed planned investments worth EGP 16 bn (USD 996.26 mn) in Egypt over the next two to three years, EGP 14 bn (USD 866.64 mn) of which will be all ...

Hassan Allam Properties Launches (every ) Integrated Mixed-Use Destination in East Cairo

Egypt’s real estate developer Hassan Allam Properties (HAP) has set foot into the commercial realm with its new 144,000-square-meter fully-integrated mixed-use destination, dubbed "(every )," located at the heart ...

Morocco’s Real Estate Market Slows Down in 2019

Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.

Emaar Misr, NUCA Partner for 2 Mixed-Use Projects in West Cairo

Emaar Misr for Development and the New Urban Communities Authority (NUCA) inked on November 27 deals to settle disputes between both sides and allocate plots for the establishment of two integrated urban projects ...

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