SODIC Uncovers 1st Town in 500-Acre New Zayed Project

Sixth of October Development and Investment Company (SODIC) is set to reveal “VYE,” the first of three neighborhoods that make up its newest 500-acre integrated project in New Zayed.

DAMAC Introduces Ready-to-Move Apartments in Dubai

DAMAC Properties has launched "High Gardens," a collection of limited-edition, ready-to-move terrace apartments, situated at the heart of its 42-mn square feet master development in Dubai, DAMAC Hills

NAC’s Castle Landmark Sees EGP 100 mn Before Year-End

Egypt-based Castle Development has allocated about EGP 100 mn to complete 15% of construction works at phase I of Castle Landmark in the New Administrative Capital (NAC) before year-end

Arabtec to Build EGP 1.60 bn Residences at Emaar Misr’s Marassi

Emaar Misr for Development, Cairo-based unit of UAE’s Emaar Properties, has awarded an AED 366 mn (EGP 1.61 bn) contract to Arabtec Construction to build the first of Marassi‘s six phases in the Greek Village on t ...

Azizi Developments Launches Mirage in Dubai Studio City

UAE's private developer Azizi Developments announced on November 11 the launch of Mirage in the upcoming Dubai Studio City.

Cabinet Nods WB’s USD 500 mn Fund for Social Housing

Egypt's cabinet has approved a supplementary fund of USD 500 mn (EGP 8.1 bn) from the World Bank (WB) for funding the country's social housing program, coming under a portfolio worth USD 8 bn (EGP 129.1 bn).

OUD Launches Phase II of New Cairo’s Azadir

Orientals for Urban Development (OUD) has launched phase II of its New Cairo flagship project Azadir, which will comprise units with areas ranging from 55 to 130 square meters, offering competitive pricing.

Social Housing Program Provides EGP 27 bn Funds Till October

Egypt's social housing program has successfully provided residences for 275,000 families, in collaboration with 29 banks and mortgage companies, at a total financing value of EGP 27 bn and a subsidized cost of EGP ...

Gov’t Offers Social Housing Units Below EGP 200,000

The Social Housing and Mortgage Finance Fund has unveiled the 12th announcement of residential units, offering several ready-for-delivery units worth EGP 197,000 each across Egypt, as part of its Lower Egypt and C ...

Egypt Holds 4th Largest Pipeline of Branded Residences: Savills

Egypt and the UAE hold the largest volume of under-development branded homes, accounting for around 21%, with the former country currently having two branded residence schemes and 14 projects in the pipeline.

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