Chinese Property Companies Raise 33.4% YoY More Finance in December

The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes f ...

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.

Roshn Awards USD 427 mn Contracts for Riyadh Community

Saudi Arabia's national developer Roshn has awarded contracts worth SAR 1.6 bn (USD 427 mn) for its flagship residential project, "Riyadh Community," as work commences on-site for off-plan homes to be ready for sa ...

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.

ARDIC Releases New Phase of Zizinia El Mostakabal

ARDIC for Real Estate Development and Investments has rolled out a new phase of its EGP 5 bn project in Mostakbal City, east Cairo, named "Zizinia El Mostakabal," coming as part of the Egyptian developer's expansi ...

SED to Release Phase III of Jayd New Cairo on October 4

Saudi Egyptian Developers (SED) said the third phase its residential project in east Cairo, called “Jayd New Cairo,” is scheduled for launch on October 4.

El Batal Group Plans to Deliver 4 Projects Before 2022

El Batal Group has announced plans to hand over four of its flagship developments in New Cairo, Obour City, and 6th of October City before the end of 2021, coming under the name of "The Rocks."

Invest-Gate Presents RED Masterclass to Digitize Real Estate Business

Invest-Gate is proudly presenting the first Real Estate Digital (RED) Masterclass in Egypt, in an attempt to help property professionals and agents embrace timely change and have a strategic digital plan in place ...

Emaar Misr Sees 517% Profit Jump in H1 2020

Emaar Misr for Development saw a 516.7% year-on-year (YoY) surge in net profit to log EGP 581.53 mn in H1 2020, compared to EGP 94.29 m in the year-ago period.

Invest-Gate’s DigitalWeek Outlines Versatile Blockchain Capabilities in Real Estate

In a bid to make the blockchain technology gain traction in Egypt's real estate market, day three of Invest-Gate's #DigitalWeek on July 21 explored the extent to which this digital solution is widely touted as the ...

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