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 ...

Gov’t Builds 437,000 Housing Units in 2019: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 437,000 housing units have been implemented in 2019, varying between social, middle-income, and luxurious properties.

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 ...

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