SODIC Eyes 10% Stake in Heliopolis Housing: CEO

Sixth of October Development and Investment Company (SODIC) eyes buying a 10% stake in state-run Heliopolis Company for Housing and Development (HHD), coming after the government had nodded passing the latter's ma ...

Marakez to Uncover AEON Towers’ Final Phase in October

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, will launch the last phase of west Cairo's AEON Towers next month, while AEON Courtyards’ first phase is set to be delivered ...

Gov’t to Issue Booklet on Reconciliation in Building Violations Law

Egypt's housing ministry will soon issue a frequently asked questions (FAQs) booklet for inquiries on "reconciliation in building violations" law, which aims to codify building code infringements and legalize the ...

MNHD Secures EGP 300 mn Loan for Sarai

Madinet Nasr Housing and Development (MNHD) concluded on August 28 a contract with the Arab African International Bank (AAIB) to obtain an EGP 300 mn short-term loan

Gov’t, Private Developers Annually Pump EGP 200 bn in Housing Industry

Egyptian housing ministry and private sector pump total annual investments of nearly EGP 200 bn in the construction and real estate investment sector, which significantly contribute to the growth of the local econ ...

Madaar Organizes Azha Endurance Festival Late September

Egypt's commercial and residential development company Madaar Development will host on September 21 Azha Endurance Festival at its luxurious Ain Sokhna resort, Azha, coming as part of its long-standing support for ...

ODE Posts 253.4% Surge in H1 Sales

Orascom Development Egypt's (ODE) net sales hiked by 253.4% to EGP 4.2 bn in H1 2019, compared to EGP 1.2 bn a year earlier, driven by a rise in unit sales in its newly-launched project in west Cairo, O West, in a ...

Savills Unveils 105 Apartments to Lease in Bahrain

Savills, a global real estate services provider, has launched 105 freshly refurbished apartments to lease in Segaya Plaza, situated in Segaya, Bahrain.

Advertorial: Iwan Developments Conquers the Real Estate Scene

Despite intense competition in the real estate market, especially within recent years, Iwan Developments seizes the market with its profound long history of over 15 years and mastered the challenges encountered ov ...

Mardev Developments Builds EGP 2 bn Project in NAC

Mardev Developments is currently implementing Menorca Residence in the New Administrative Capital (NAC), pumping investments amounted at EGP 2 bn, with 15% of the project marketed since its launch last May

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