Roshn Awards USD 427 mn Contracts for Riyadh Community

Saudi Arabia's national developer Roshn has awarded contracts worth SAR 1.6 bn (USD 427 mn) for its flagship residential project, "Riyadh Community," as work commences on-site for off-plan homes to be ready for sa ...

DM Development Logs EGP 1 bn Sales of The Groove Sokhna Phase I

DM Development posted EGP 700 mn in sales of 400 residential units of The Groove Sokhna Resort’s Brellia Village, along with EGP 300 mn from 102 other homes at phase 1 of the Red Sea project's Sereia, during the t ...

SODIC Sells 776 Properties Across Cairo in 9M

Sixth of October Development and Investment Company (SODIC) sold out 776 properties during the first nine months of 2020, bringing gross contractual sales to EGP 4.1 bn and marking a YoY rise of 23% from EGP 3.34 ...

Aqar Masr Seals EGP 100 mn Cityscape Deals From NAC Project

Aqar Masr for Real Estate Development has announced sealing EGP 100 mn worth of deals from its first residential project in the New Administrative Capital (NAC), “Anakaji,” during its participation in Cityscape Eg ...

El Attal Markets 85% of NAC’s Park Lane Project: Vice Chairman

El Attal Holding Vice-Chairman Mohamed Elattal has affirmed selling out 85% of "Park Lane Compoundhood," the company's flagship project in the New Administrative Capital (NAC), which is scheduled for handover in Q ...

Ajna Offers 10-Yr Payment Plans at Cityscape Egypt

Ajna Developments CCO Sherif Saleh has indicated that exclusive offers of 10% down payment and 10-year installment schemes are presented the company's first home project in Ain Sokhna, Carnelia, during Cityscape E ...

El Attal Holding Launches 1st Red Sea Project

El Attal Holding has uncovered the launch of its first home project in Ras Sudr, South Sinai, with investments totaled at EGP 1.5 bn, bidding to deliver the entire coastal development in Q4 2021.

Cornerstone Holds Brokers Event for 1st NAC Project

Cornerstone Development organized a brokers event on October 27 to create some buzz around its first home project in the New Administrative Capital (NAC), named "The Curve."

Amer Group’s Unit Borrows EGP 450 mn for Porto Heliopolis

Amer Group's subsidiary Delmar for Touristic Development has signed an EGP 450 mn loan contract with Ahli United Bank to finance the Porto Heliopolis project.

Reconciliation Period for Building Violations Extended Another Month

Egypt's Cabinet has issued a decree to extend the deadline to receive reconciliation requests for building violations for another month, to end next November.

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