Gov’t Grants 3M Extension for Payment of Real Estate Arrears

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

SODIC’s Home Sales Hold Strong in H1 Despite Pandemic

Sixth of October for Development and Investment Company's (SODIC) gross contracted sales of residential units stood at EGP 1.83 bn in H1 2020, almost flat compared to EGP 1.86 bn in the year-ago period.

Aldar, Etihad Airways Partner to Extend Benefits for Loyalty Members

UAE-based Aldar Properties and Etihad Airways have teamed up to offer benefits to Etihad Guest members and shoppers in Abu Dhabi, in a bid to boost tourism in the capital emirate.

VOW Developments Unveils EGP 1.1 bn Administrative Complex

VOW Developments has made its debut in the Egyptian real estate market with a new ​​6,600-square-meter administrative complex in the New Administrative Capital (NAC), pumping investments worth EGP 1.1 bn.

Meraas, Brookfield Form AED 5 bn Retail JV

Dubai-based Meraas Holding has entered an AED 5 bn joint venture (JV) with Canada’s Brookfield Asset Management to jointly own and operate the latter developer's retail assets across the GCC region.

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