Marseilia Land El Alamein Delivers its First and Second Phases

Marseilia Land El Alamein project, affiliated to Marseilia Real Estate Investment, announces the complete delivery of phases I and II in New El Alamein City

Madinat Zayed Shopping Center to Undergo USD 11 mn Refurbishment

Abu Dhabi City Municipality’s (ADM) Department of Municipal Affairs and Transport (DMAT) signs a contract with Line Investment and Property for the redevelopment of a mall, Invest-Gate reports

Egypt Ranks Second Fastest Growing Tourism Market Globally

Egypt ranks the world’s second fastest growing tourist destinations in 2017, Invest-Gate reports

Tourist Arrivals Up 51% in Q1

Tourist arrivals to Egypt rise by 51% in the first quarter of 2017, compared to the same period a year earlier, Invest-Gate reports.

Work Starts At First Phase of Developing Tourism, New Aswan

Minister of Housing and Urban Utilities Mostafa Madbouly assigned the New Urban Communities Authority (NUCA) to start on the first phase of developing tourism in New Aswan City, Invest-Gate reports.

Gov’t Seeks to Attract Tourism Investments to New Damietta

The government is seeking to draw tourism investments to the country’s New Damietta, a coastal city located north of Egypt, Invest-Gate reports.

Housing Ministry to Launch Touristic Development, Aswan

The Ministry of Housing, Utilities and Urban Communities plans to develop a touristic development alongside the Nile Corniche in Aswan

Amer Group to Develop Santorini Project in Ain El Sokhna

Prominent Egyptian developer, Amer Group, will partner with Porto Group to develop Santorini Project in Ain El Sokhna

GAFI to Tender Numerous Land Plots, Red Sea

General Authority for Investment and Free Zones (GAFI) is to offer 10 mn square meters of land in the governorate of the Red Sea for industrial and tourist projects on January 22, AlBorsa News reported

Tourism Sector to Flourish more than Residential, Office Sectors in 2017

The recent EGP float has resulted in a 23% inflation, which is expected to increase to 25%, affecting the prices of residential units which have increased by 30%, according to JLL’s Head of MENA Research Craig Plumb ...

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