MARAKEZ to Open Mall of Tanta, the Largest Mall in the Delta Region, in Fall 2019

ArabFinance: MARAKEZ for Real Estate Investment, one of the largest mall developers and operators in the Middle East is expecting Mall of Tanta to welcome 10,000-12,000 daily visitors following its launch Fall 2019. Mall of Tanta is El Gharbia governorate’s first internationally-modeled"...

Royal One launches Capital Prime in NAC with EGP 500M investments

Cairo: ُEgypt’s Royal One for Real Estate Development is developing Capital Prime, a mixed-use project, in the New Administrative Capital (NAC) with investments worth 500 million Egyptian pounds.

Karim"...

Egypt’s real estate investment activity in Africa hit $500M

Cairo: Egypt’s share of real estate investment activity in Africa is not exceeding $500 million, the country’s Prime Minister Moustafa Madbouli on Sunday.

“This is much below our aspirations"...

MagicStay Raises €3 Million to Accelerate Its International Development

The apartment rental platform dedicated to business travelers, MagicStay.com, announces its full integration into the main business travel booking tools and a €3 million A-series to pursue its development, bringing the amounts raised to more than €8 million since its launch in 2013. This fundraising will allow us to recruit talent to accelerate our growth. We want to sign a quarter of the major French companies and approach one million homes before the end of the year, thanks to the exclusive technologies we now have at our disposal, says Valéry Linÿer, CEO and co-founder, who adds: We have four main advantages over our......

Egypt's share of real estate’s exports in Middle East marks $500M

CAIRO – 16 June 2019: Egypt's share of the export of real estate in the Middle East is only $500 million, out of $70 billion, Prime Minister Mostafa Mabdouli said during his speech at the inauguration of the Builders of Egypt Forum in Cairo.

Madbouli noted that this"...

Pantheon Development wins ‘Best Affordable Luxury Property” award by Arabian Business

Pantheon Development was honoured as the “Best Affordable Luxury Property” during the prestigious Arabian Business Real Estate Awards 2019 at Le Royal Meridien Beach Resort & Spa on Sunday evening.

Pantheon"...

Palm Hills Developments profit ebbs to EGP 141M ending March 2019

ArabFinance: Palm Hills Developments S.A.E. (PHDC) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted"...

Edge Holding achieved EGP 500m in sales of OIA project H1 2019

Edge Holding has achieved EGP 500m in sales of the residential part of the OIA project in the New Administrative Capital (NAC) in the first half (H1) of 2019.

During the company’s sohoor on Sunday, Nader"...

City Edge signs EGP 1.6bn worth of construction contracts for 2 projects

City Edge Developments signed two contract contracts for Etapa and Etapa Square projects worth approximately EGP 1.6bn.

During the company’s press conference on Wednesday, Amr El Kady, CEO of City Edge said"...

Inertia’s real estate inventory reaches EGP100bn

Inertia, the Egyptian real estate company, announced that the total inventory figure, reaching around EGP 100bn as well as their total land bank of more than 7.5m sqm, according to CEO Ahmed El Adawy.

El Adawy"...