UAE Real Estate Prices Down for 4 Yrs: Central Bank

The UAE's central bank has confirmed that the country’s real estate sector continues to endure a downward trend in the 2018 prices of residential and commercial properties for four consecutive years, owing to the ...

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

Provis Adds Over 30 Sites to its Property Management Portfolio

Provis, the fully-owned property management arm of UAE-listed developer Aldar Properties, has won several deals to deliver its full suite of specialized real estate services for more than 30 developments in Abu Dh ...

Inertia Obtains EGP 575 mn Loan to Construct Jefaira

Inertia has signed a five-year EGP 575 mn loan agreement with Banque du Caire, attempting to finance construction work at its flagship project on the North Coast, Jefaira, among other projects

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.

Gov’t Finalizes 1,080 Distinguished Units in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that 1,080 distinguished housing units, spreading out over 80 buildings, have been finalized in New Alamein, out of the total 1,9 ...

Pyramids Developments Begins Constructing 4th Mall in NAC

Egypt-based Pyramids Developments began on July 10 construction works at its fourth commercial project in the New Administrative Capital (NAC), dubbed "Paris Mall," at an investment value of EGP 2 bn.

Reservation Starts at SECON’s Bleu Vert in NAC

The Saudi Egyptian Construction Company (SECON), an equally owned company by both Saudi and Egyptian governments, said clients can start reserving units at its new project in the New Administrative Capital (NAC), ...

Jadeer to Launch 2nd Phase of New Cairo’s Swara

Jadeer Real Estate Group aims to launch the second phase of its New Cairo mini-compound Swara next summer, after the complete sale of the project's first phase.

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