Cleopatra Awards Design Contract for North Coast’s Smeralda

Egypt's Cleopatra Real Estate, a subsidiary of Cleopatra Group, has awarded US-based architecture firm JZMK Partners the planning and design contract for "Smeralda Bay," its fifth and newest beach community in Sid ...

Builderia to Invest EGP 500 mn in NAC’s Paragon

Egypt's Builderia Development plans to pump EGP 500 mn into its first intelligent administrative complex in the New Administrative Capital (NAC), or "Paragon," aiming for completion in 2022.

CFCM’s Shoppers to Soon Avail of No-Interest Installment Program

Cairo Festival City Mall (CFCM) and Premium Card have partnered to create a new joint venture to offer the center's shoppers an innovative payment-on-installment program, with zero interest, which is set to kick o ...

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.

Al Futtaim Offers Drive-Thru Services to Limit Contact Amid Outbreak

Al Futtaim Group Real Estate has released a new drive-thru service to lessen physical contact and provide efficient services for all outlets, aiming to cope with the new world order of real estate.

Egypt Digitizes 40% of Local Property Registration Offices: Minister

Minister of Justice Omar Marwan has confirmed that roughly 40% of Egypt's real estate registration offices have been digitized, with more in the pipeline as part of the state's digital transformation efforts to ac ...

ODH’s Unit Secures EUR 18 mn to Kick-Start Home Project in UK

Eco-Bos Development, a subsidiary of Egypt's Orascom Development Holding (ODH), has secured a peak debt funding facility of EUR 18 mn to support the building of phase I of West Carclaze Garden Village in Cornwall, ...

Orascom Breaks Ground on Egypt’s 1st Monorail Line

A consortium made up of Orascom Construction, Arab Contractors, and Bombardier Transportation has broken ground on Egypt's first-ever monorail line, which will connect east Cairo and the New Administrative Capital ...

Tatweer Misr Completes 70-80% of Building Works While Committing to Workers Safety

Tatweer Misr has completed 70-80% of construction works at projects' sites, continuing to work under new safety guidelines and precautionary measures to guard against Coronavirus, reveals its President and CEO Ahm ...

Smart Real Estate Seen a Boon for Home Hunters Amid Uncertainties

Demand for real estate tech and virtual services (i.e. augmented reality (AR), virtual reality (VR), 360° virtual panoramic tours, etc.) is forcefully surging in Egypt more than ever before, in efforts to boost sa ...

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