Ora Developers to Build Sheikh Zayed’s 1st Multi-Tower Development

Egyptian tycoon Naguib Sawiris’ Ora Developers, formerly Gemini Global Development, has started offering units for sale at ZED's pre-launch phase, its first Egypt-based residential project in 6th of October City, ...

Majid Al Futtaim’s 1st Mall in Abu Dhabi to Open in Q2 2019

Dubai-based Majid Al Futtaim, the leading shopping mall, retail, and leisure pioneer across the Middle East, Africa, and Asia, has announced that work is progressing on schedule at its first shopping mall in Abu D ...

Majid Al Futtaim Debuts World’s First Sail-Thru Supermarket in Dubai

UAE-based retail giant Majid Al Futtaim has unveiled the "Carrefour Bites and More by the Shore," the world’s first sail-thru supermarket, to serve yachts and beachgoers in Dubai

Egyptian Resorts’ Bay Village Sees Strong Demand

The Egyptian Resorts Company (ERC) has announced recording a significant growth in contracted sales and reservations at its latest Sahl Hasheesh development, Bay Village, since its launch in October

LuLu Group Mulls Investing USD 500 mn in Egyptian Expansion

UAE-based retail company Lulu Group is eyeing to invest USD 500 mn in building four new hypermarkets across distinct cities in Egypt over the next two years

Marakez Pays Off Mall of Arabia’s EGP 2 bn Loan

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, has fully paid off Mall of Arabia's EGP 2 bn credit facility to the Commercial International Bank (CIB) and other banks, "en ...

Egypt’s Residential Prices and Retail Rents Hike in Q1 of 2018: JLL Report

Prices have continued to increase across the residential and retail sectors in the first quarter (Q1) of 2018, according to Cairo Real Estate Market Q1 2018 report by Jones Lang LaSalle (JLL), Zawya reports

Majid Al Futtaim Retail Seeks More Investments in Egypt

Emirati retail giant Majid Al Futtaim Retail, operator of Carrefour supermarkets, seeks to increase its investments in Egypt’s retail sector, Invest-Gate reports.

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