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EGP float jumpstarts Cairo’s real estate market in Q1 2024
The EGP float has reignited investor confidence and provided developers with clarity on pricing
The real estate sector is expected to see a boom on the back of currency correction
The stability of production input prices represents a “new beginning” for developers, the CEO of steel distributor El Massia, Khaled…
Orascom Construction reports net income rise as backlog records record high
The company’s new awards rose 234.3% y-o-y in 4Q to USD 1.9 bn
Local firms to set up USD 1 bn real estate project in Oman
The consortium is currently in discussions with the Omani government over the timeline and final investment size
Nilus to to build two commercial, residential towers on former NDP HQ
The USD 5 bn projects are slated to wrap up in 2Q 2028
Building materials manufacturers are looking to boost compliance with EU environmental standards
The industry needs to monitor its carbon footprint and introduce CE marking, head of CBMI told us
SODIC ups funds allocated for 2024 projects 66% in anticipation of real estate sector boom following Ras El Hekma announcement
The real estate giant has allocated over EGP 10 bn for projects in 2024
Madinet Masr nearly tripled its earnings in 2023, saw record sales
The company’s growth was driven by sales at Taj City and Sarai projects
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