ODE Sells 35.25% Stake in Subsidiary for Almost EGP 129 mn

Orascom Development Egypt (ODE) has signed off on selling a 35.25% stake in its subsidiary New City Housing and Development Company (NCHD), at a total cost of EGP 128.6 mn, in line with its strategic plans to rein ...

Waterway Launches EGP 5 bn Integrated Compound in New Cairo

The Waterway Developments prepares to launch its latest project, an integrated residential compound in New Cairo, during the Cityscape Egypt exhibition.

Future Homes Logs EGP 30 mn Sales During Aqari Exhibition

Future Homes Development has uncovered registering contractual sales of more than EGP 30 mn during its participation in Al-Ahram's property show, or Aqari Exhibition, which was held from October 1 to 4.

Akam Developments Eyes EGP 5 bn Sales of 2nd NAC Project

Akam Developments has released its second real estate development in the New Administrative Capital (NAC), dubbed ”Scene7," targeting EGP 5 bn in sales of the project's various residential, commercial, and sports ...

Baron Palace Reopens to Public After 2-Yr Restoration

After more than two years of restoration, Egypt's long-dormant Baron Palace in Heliopolis has regained its glory and reopened to the public, in celebration of its official inauguration by President Abdel-Fattah El ...

CED, Al Oula Join Forces to Offer Various Mortgage Packages

Egypt's national developer City Edge Development (CED) and Al Tameer Mortgage Finance (Al Oula) have joined forces to provide a diverse range of mortgage financing activities to potential home buyers.

Marakez Wins Gold Award for Mall of Arabia

Marakez for Real Estate Investment has won the gold award for Mall of Arabia’s phase II, or "The Expansion," during the Middle East Council of Shopping Centers and Retail (MECS+R) 2019 Awards ceremony, in recognit ...

DLD Discusses Smart Urban Strategies in Cairo

Egypt's capital hosted the first edition of the Cairo-Dubai Real Estate Conference, organized by the Dubai Land Department (DLD) on October 17, under the theme "Planning and Designing Smart Urban City Strategies"

The Address Unveils Serviced-Villa Project in New Cairo

The Address Developments has made its debut by kicking off its first luxury serviced villas project in New Cairo's Golden Square, pumping investments worth EGP 2.1 bn.

NUCA Acquires Additional Acres for New Mansoura

Egypt's cabinet has ratified to amend provisions of a presidential decree to reallocate 7,211.35 acres of state-owned lands in Dakahlia Governorate to the New Urban Communities Authority (NUCA), instead of 5,913 a ...

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