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State to reclaim 421 feddans in 10 governorates by end of May
The government plans to reclaim 421 feddans of state-owned land in 10 governorates by the end of May, the Interior…
Real Estate + Housing
Home / Real Estate + Housing
SECON purchases 70 feddans in New Administrative Capital
The Saudi Egyptian Construction Company (SECON) purchased 70 feddans in the New Administrative Capital, Al Ahram reports. SECON CEO Darwish…
UAE real estate developers could venture into partnerships with Housing Ministry
A number of real estate investors from the UAE are looking to partner with the Housing Ministry to develop projects…
Foreign buyers make use of EGP float and buying property
Egyptian developers are finding the EGP flotation useful as overseas buyers “are willing to be enticed” by the devaluation, according…
Egypt leads Africa in new hotel development projects
Egypt is the leader in new hotel developments in Africa, Hospitality Net reports. There are currently 53 hotel projects underway…
Oriental Urban Development to invest EPG 4 bn in 2017-18, mulls 2018 IPO
Oriental Weavers Group subsidiary Oriental Urban Development is planning on investing EGP 4 bn in Egypt during 2017-18 to develop…
Emaar unveils Address Marassi Beach, new hotels
Emaar Hospitality Group is building a new Address Marassi Beach Resort and Address Residences Marassi Beach Resort in Egypt, The…
EFSA allows real estate companies to swap shares in real estate funds
The Egyptian Financial Supervisory Authority issued amendments governing subscriptions to real estate funds that would allow real estate companies to…
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