Egypt Rolls Out 225 Projects in El Saf Investment Zone

Egypt's Ministry of Investment and International Cooperation has officially rolled out El Saf Investment Zone, Banha, offering a total of 225 fully-finished and serviced projects.

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 ...

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.

Egypt’s GDP Reaches Highest Level Since 11 Yrs

Egypt’s gross domestic product (GDP) leaped by 5.6% in Q1 2019, registering the highest rate in 11 years, despite the slowdown in global economic growth, which reached 3.8% last year.

Prestige Constructions Wins Tender for Dubai’s Azizi Victoria

UAE-based Azizi Developments awarded on October 22 a construction tender of eight residential buildings in its mixed-use project in Dubai’s Mohammed Bin Rashid (MBR) City, dubbed "Azizi Victoria," to India's contr ...

Beta Egypt to Invest EGP 400 mn in Mostakbal City

Egypt-based Beta Egypt for Urban Development plans to pump up to EGP 400 mn into its flagship project, Beta Greens New Cairo, located in Mostakbal City, until late 2020

Works at Amer Group’s Porto Heliopolis Paused

Amer Group has confirmed that works at its latest project in east Cairo, Porto Heliopolis, owned by its subsidiary Delmar for Touristic Development, have been temporarily suspended by the competent authorities.

AMC Exhibition Showcases Non-Residential Investment Opportunities

AMC Exhibition has showcased the various investment opportunities for administrative, medical, and commercial properties presently in the Egyptian market, aiming to gather peers involved in the design and construc ...

EMPC to Develop Additional Administrative Studios in Giza

Egyptian Media Production City’s (EMPC) board has agreed to purchase an 884-square-meter flat in Agouza, Giza Governorate, for developing a fully-fledged administrative studio, with investments worth EGP 35 mn.

Gov’t Issues Booklet on Reconciliation in Building Violations Law

Egypt’s housing ministry has issued a frequently asked questions (FAQs) booklet for queries on “reconciliation in building violations” law, which aims to legalize the status of violators’ properties.

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