Banque Misr has led a consortium of ten banks in extending a total of EGP 8.9 billion in joint Islamic financing to Al Marasem International for Urban Development to support the Fifth Square project in New Cairo.
Updated 12/18/2025 11:55:00 AM
Horizon Egypt for Urban Development has signed a strategic partnership with global technology firm Hikvision to integrate advanced smart city solutions across its real estate projects in Egypt.
Updated 12/16/2025 1:46:00 PM
The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with Societe Arabe Internationale de Banque (SAIB) to provide EGP 1.5 billion mortgages for low- and middle-income citizens who have applied for housing units through the fund and meet its criteria.
Updated 12/11/2025 5:17:00 AM
Orascom Development Egypt said its subsidiary, Makadi Heights for Tourism Development Company, signed an agreement with the government to develop a land plot measuring 1.021 million square meters directly connected to the existing Makadi Heights destination on the Red Sea coast.
Updated 12/8/2025 10:05:00 AM
The Financial Regulatory Authority (FRA) has approved the establishment of two companies: one specializing in real estate funds and the other in the formation of firms issuing securities or increasing their capital.
Updated 11/30/2025 3:37:00 AMThe Financial Regulatory Authority (FRA) approved the establishment of five companies in real estate funds, underwriting securities offerings, and risk management
Updated 11/20/2025 12:14:00 PM
Madinet Masr and Waheej Real Estate announced the launch of Citydom, a jointly owned real estate entity established between the two companies.
Updated 11/19/2025 10:37:00 AM
Outlook for Cairo’s real estate sector is widely optimistic, driven by strategic government initiatives and improved macroeconomic fundamentals, as per JLL’s Market Dynamics Q3 2025 report.
Updated 11/18/2025 9:56:00 AM
The National Bank of Egypt (NBE) has arranged a syndicated loan of around EGP 1 billion for Mashareq Real Estate Investment, a subsidiary of Pioneers Properties for Urban Development.
Updated 11/5/2025 9:18:00 AM
Emaar Misr for Development is currently in talks with Samla and Alam AlRum for Urban Development, a subsidiary of Dallah Al Baraka Group, to explore a potential partnership for the development of a new mixed-use project.
Updated 10/30/2025 10:45:00 AM
PRE Group launches MASSIV, unveils Zaha Hadid Towers for 1st time in Egypt
Updated 10/30/2025 10:11:00 AM
Emaar Properties founder Mohamed Alabbar announced that the company is preparing to sign an agreement with a Saudi partner to develop a new project in Egypt within the coming weeks.
Updated 10/29/2025 2:46:00 AM
Saudi real estate investor Sumou Holding is in preliminary talks to acquire Egyptian developer Midar Investment and Urban Development, Al Arabiya Business reported, citing unnamed sources familiar with the matter.
Updated 10/13/2025 7:49:00 AM
MODAD Properties has launched its new project, Brackets, in New Cairo, with an investment of around EGP 5 billion and a total area of 14,325 square meters.
Updated 10/5/2025 11:58:00 AM
Nader Khozam, Chairman and CEO of IL Cazar Developments, participated in a meeting chaired by Prime Minister Mostafa Madbouly with the Supreme Advisory Committee for Urban Development and Real Estate Export.
Updated 10/2/2025 2:18:00 PM
Egypt’s real estate market has attracted $1.4 billion in private capital, becoming the third-largest construction market after Saudi Arabia and the UAE in the MENA region, according to Knight Frank’s Destination Egypt 2025 report.
Updated 10/1/2025 7:59:00 AM
For more than three decades, Al Ahly Sabbour’s journey has gone beyond building real estate projects, it has been about creating holistic life experiences that embody excellence and leadership. The year 2025 stands as a living testimony to the success of the company’s advanced strategy, reflected in all its practices and project concepts, offering innovative solutions that meet clients’ aspirations and anticipate their future ambitions. Today, after turning its extensive expertise into achievements that mirror aspirations, Al Ahly Sabbour asserts its position as the first choice for anyone seeking a rewarding investment, a home that embodies ambition, or an extraordinary lifestyle that exceeds expectations.
Updated 9/25/2025 12:30:00 PMHossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), highlighted that the number of new companies established in the construction sector increased by 20% to 2,856 in 2024 from 2,375 in 2023
Updated 9/16/2025 1:33:00 AM
Talaat Moustafa Group Holding (TMG) announced that its largest wholly owned subsidiary, the Arab Company for Projects and Urban Development, has received an upgrade in its local credit rating from A+ to AA-, with its outlook revised from positive to stable, as per a disclosure.
Updated 9/9/2025 9:33:00 AM