SED Seals EGP 2.6 bn Deals in H1 Despite COVID-19 Slump

Saudi Egyptian Developers (SED) has announced that its flagship project in the western desert extension of Lake Dairout, called "Sawary New Alexandria," has raised EGP 2.6 bn in sales in H1 2020, surmounting the C ...

1st Villa Launch at SODIC’s VYE Sells Out in 48 Hrs

Sixth of October for Development and Investment Company (SODIC) said the first batch of standalone villas in west Cairo's VYE project has been sold out, raising EGP 250 mn in sales within 48 hours only.

OUD Among Egypt’s 5 Top Diversified Landowners

Egypt's Orientals for Urban Development (OUD) was ranked the fourth among the five top real estate developers with a diversified land portfolio nationwide.

Mabany Edris Sells 60% of New Assiut’s Asalya Phase I

Egypt-based property developer Mabany Edris has managed to market 60% of phase I of its newest flagship project in New Assuit, or “Asayla,” in three months only, despite market turmoil associated with the COVID-19 ...

DM Development Posts 60% of Target Sales Despite Coronavirus Woes

Egypt-based DM Development has managed to log 60% (or EGP 150 mn) of its targeted sales for “The Groove” project in Ain Sokhna in Q1 2020, aiming to seal deals worth EGP 1 bn by year-end.

Mountain View’s Latest West Cairo Project Logs EGP 1 bn Sales

Egypt's property developer Mountain View has launched "MV Park - The Lake," its latest residential project in 6th of October City, generating sales totaled at EGP 1 bn.

Kuwait Reports USD 12 bn Real Estate Deals in 2019

Kuwait's real estate sector witnessed solid growth in 2019, with the value of the transactions recording KWD 3.7 bn (USD 12.04 bn), the second-highest in the last four years, based on a report by Kuwait Finance Ho ...

SODIC Records EGP 7.3 bn Contracted Sales in 2019

Sixth of October for Development and Investment Company (SODIC) has recorded contracted sales of EGP 7.3 bn in 2019, with a growth of 32% year-on-year (YoY)

Azizi Sells 95% of Riviera Phase I

UAE's Azizi Developments has sold 95% of its residences in the first phase of Riviera, recording sales of over AED 2.14 bn

MNHD Achieves EGP 6.3 bn Presales in 2019

Madinet Nasr for Housing and Development (MNHD) recorded a 15% boost in its presales activities (i.e primary contracts and reservations) year-on-year to log EGP 6.3 bn in 2019.

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