MNHD wins IBM’s 2022 Award for Fastest Growing Real Estate Company in Egypt

The IBM award recognizes achievements in terms of performance, innovation, customer satisfaction, among other categories.

Blue Tags Software Provides Smart Tech Solutions to Egypt’s Real Estate Companies

He notes that solutions include magnetic smart cards which store all companies’ project data.

Saudi Egyptian Developers Reveals Axes of its Sustainable Plan in Real Estate Market

Saudi Egyptian Developers uncovers the axes of its sustainable development plan in the real estate market, in conjunction with the launch of the United Nations Climate Summit (COP 27).

Orascom Development Egypt Logs 26.1% YoY Higher Net Income in 9 Months

The company’s total revenue surges to EGP 6.7 bn in 9 months to September 30th 2022 from EGP 4.9 bn in the same period a year earlier.

Times Developments Adopts Sustainability in New Cairo Coming Project

Located in New Cairo’s Gold Square district, the multi-purpose project’s investment cost amounts to around EGP 3 bn and the first phase thereof will be tendered to contractors in the coming period.

Empire State Launches Cyan Tourism Project in Ras Sedr

20% of the project is implemented before the start of its marketing.

JLL Hosts Symposium for Real Estate Decarbonization in COP27

Victoria Burrows, Director for Advancing Net Zero at World Green Building Council, maintains that greening of energy grids is imperative, along with partnerships between the public and private sectors.

Palm Hills Development Records EGP 911 Mn Net Profit in 9 Months

New sales at Badya jump 109% YoY to EGP 4.2 bn in the first nine months of the year, while sales at Palm Hills New Cairo surge 99% YoY to EGP 3.3 bn.

Lozan Urban Development Establishes EGP 5 bn Methaq Development Company

The new entity is established by an Egyptian-Saudi partnership to develop several urban projects in Egypt in the coming period.

HDP Launches 1st Project ‘Terrace’ in Sheikh Zayed

He notes that the project is planned to be marketed within two years.

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