REAL ESTATE

20 Feb 2018

Egypt to launch New El Alamein, New Mansoura PPP lands soon: Housing Minister

Egypt will launch soon a bunch of new land plots in the cities of New El Alamein, northwest of Cairo, and New Mansoura, 128km north of Cairo in the Nile Delta, Housing Minister Moustafa Madbouly said Monday.

The"...

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19 Feb 2018

Hassan Allam Properties acquires 600 feddans in North Coast

Hassan Allam Properties (HAP) announced the acquisition of 600 feddans in the North Coast of Egypt. HAP has previously established a second home resort, SwanLake North Coast. The development’s master plan will include a variety of residential units. Aside from the residential spaces, the resort will include a clubhouse, five-star boutique hotel, commercial hub, water park, and sports club, as well as beachfront cabanas. Hassan Allam Properties CEO Mohamed Allam said that the current housing and infrastructure sector stands at a......

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13 Feb 2018

Egypt’s Housing Ministry to execute Abu Hummus’ water plant expansion next March

Egypt’s Ministry of Housing will execute a drinking water plant expansion project in Abu Hummus town in Beheira Governorate within March 2018, at a cost worth 250 million Egyptian pounds ($14.1 million).

This"...

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08 Feb 2018

Social Housing Fund negotiating with Egypt’s government to provide new capital’s lands

Egypt’s Social Housing Fund (SHF) is negotiating with the county’s New Administrative Capital Company for Urban Development to provide a number of land plots, said SHF’s vice chairman May Abdel Hamid on Tuesday.

The"...

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05 Feb 2018

SECON lining up for residential project in Egypt’s new capital in Q2

Property developer Saudi Egyptian Construction Company (SECON) says it plans to start implementing a new residential flagship in the county’s new administrative capital, 40km east of Cairo, within the second quarter of 2018.

The"...

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04 Feb 2018

Egypt offers Saudi group chance to invest in New Administrative Capital

Egypt Housing Minister Mostafa Madbouli met on Friday a delegation from the Saudi Al-Tayyar Group, headed by its Executive Director Abdullah Al-Dawood, and the managing director of Al-Tayyar Travel Group in Egypt Ashraf Shiha.

"...

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04 Feb 2018

Egypt sets up new real estate development company

Egypt has set up a new development company, City Edge Real Estate Development, with an investment worth E£1.3 billion ($73 million) to build residential and multi-use projects, in addition to integrated real estate projects, said a report.

The new firm will have New Urban"...

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31 Jan 2018

Egypt’s ARCO to launch third phase of Lavande Sheikh Zayed in Q1

Egypt's Al Arabia Real Estate and Development- ARCO says it plans to launch the third phase in Lavande project in Sheikh Zayed City, at the outskirts of Cairo, within the first quarter of 2018.

This phase,"...

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31 Jan 2018

Egypt’s Rolin to start construction on 1st property project in Nasr City next April

Egypt’s state-owned General Construction Company- Rolin, says it is planning to start the construction works of its first real estate flagship at the Sixth District in Nasr City, east of Cairo, by early April 2018.

The"...

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30 Jan 2018

Egyptian Millennial Entrepreneur Builds Sustainable Housing In The Desert

Egypt is the most populated country in the Middle East, with more than 96 million people.

When you consider that most of the country is an inhabitable desert away from the Nile Delta — the life source of"...

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