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Towns & Seas participates in MIPIM 2025 in France

Towns & Seas has announced its participation in MIPIM 2025, a major global real estate and investment event, taking place in Cannes, France, from March 11th to 14th.

Updated 3/13/2025 11:45:00 PM
SODIC’s Tabrok signs EGP 2.45B bridge facility with CIB

Tabrok for Development Co., a fully owned subsidiary of SODIC, has signed a bridge facility agreement with the Commercial International Bank (CIB) for EGP 2.45 billion.

Updated 3/11/2025 9:10:00 AM
Misr Italia’s contractual sales hit EGP 4B in January 2025

Misr Italia Properties achieved contractual sales of EGP 4 billion in January 2025, marking a 200% year-on-year (YoY) surge.

Updated 2/18/2025 1:27:00 PM
Egypt's branded residences market likely to see 100% growth by 2026: Vantage Developments Chairman

Mohamed Abdel Gawad, Chairman of Vantage Developments, took part in a roundtable event hosted by Invest-Gate, titled "The Future of Luxury Living and Hospitality in Egypt," bringing together top real estate developers to discuss the sector’s future.

Updated 2/17/2025 3:08:00 PM
Earth Development begins operations in Egypt with EGP 30B investments

Earth Development has announced the launch of its operations in Egypt, bringing over 15 years of experience from Saudi Arabia’s Al-Zawka Construction Company.

Updated 2/3/2025 1:02:00 AM
Towns & Seas launches with ambitious global expansions 

Real estate developer Towns & Seas has launched its first project in Egypt, with plans to expand in the UAE, Saudi Arabia, and Europe

Updated 1/27/2025 12:55:00 PM
EGX plans to list major real estate firm in January

The Egyptian Exchange (EGX) is set to list a major private-sector real estate company this month.

Updated 1/12/2025 7:30:00 AM
Banque Misr to establish EGP 4B real estate development firm

Banque Misr, Egypt's second-largest state-owned bank, plans to establish a real estate development and asset management company with a capital of EGP 4 billion.

Updated 12/30/2024 11:46:00 AM
Madinet Masr launches SAFE App to enhance real estate investment

Madinet Masr has launched the SAFE App, a new application that will reshape the concept of real estate investment

Updated 12/23/2024 12:40:00 PM
Garnet Developments, Raya Smart Buildings launch EGP 2B project

Garnet Developments has signed a cooperation agreement with Raya Smart Buildings to launch Flare Plaza project with a total investment of EGP 2 billion.

Updated 12/23/2024 8:42:00 AM
Tax services to improve as 1st package of facilities nears implementation: Kouchouk 

Tax services will improve significantly with the full implementation of the first package of tax facilities before the end of the current fiscal year (FY), the Egyptian Minister of Finance Ahmed Kouchouk said.

Updated 12/15/2024 12:03:00 PM
Naguib Sawiris plans to develop $150M hotels in Pyramids area

Businessman Naguib Sawiris unveiled plans to build one or two hotels near the Pyramids area and Sphinx Airport with a combined investment value of $150 million.

Updated 12/9/2024 3:16:00 AM
ECA OKs Emaar Misr’s acquisition of 75% stake in Albro North Coast

The Egyptian Competition Authority (ECA) has given its approval for Emaar Misr Development Company to acquire 74.9999997% of the shares in Albro North Coast for Development.

Updated 12/2/2024 2:50:00 AM
MODAD Real Estate cooperates with 3 major companies to execute Sector Project

MODAD Real Estate has signed a cooperation protocol with three prominent companies in the real estate sector to execute the Sector Project.

Updated 11/25/2024 8:40:00 PM
Bank NXT partners with Urban Development Fund to boost real estate sector

Bank NXT has signed a cooperation protocol with the Urban Development Fund (UDF), affiliated with the cabinet, to enhance real estate opportunities across the country.

Updated 11/24/2024 5:28:00 AM
Largest Arab Real Estate Markets in 2024

Updated 11/20/2024 9:06:00 AM
Banque Misr leads consortium to provide EGP 2.8B for Landmark Developments

Banque Misr has spearheaded a banking alliance, including EG Bank, and Suez Canal Bank, to extend joint financing worth EGP 2.8 billion to Landmark Developments.

Updated 11/20/2024 8:22:00 AM
Miskan, Wadi Degla Developments to carry out ambitious investment plans in Saudi Arabia

Miskan Real Estate Company, the real estate development arm of Alfanar Group, has signed a strategic memorandum of understanding (MoU) with Wadi Degla Developments to implement ambitious investment plans in Saudi Arabia.

Updated 11/18/2024 2:56:00 AM
ODE sells prime land in El Gouna to Hassan Allam Properties for $37.4M

Orascom Development Egypt (ODE) has finalized the sale of a 110,000-square-meter land plot in El Gouna to Hassan Allam Properties for $37.4 million.

Updated 11/12/2024 9:48:00 AM
Housing Ministry to launch "Your Home in Egypt" initiative to attract global investment

The Ministry of Housing, Utilities, and Urban Communities is planning to a new initiative, "Your Home in Egypt," aimed at expanding the country’s presence in the global housing market.

Updated 11/12/2024 1:48:00 AM