REAL ESTATE

18 Feb 2020

RE/MAX Al Mohager targets EGP 2.2bn sales for developers in 2020

RE/MAX Al Mohager, a real estate broker, aims to achieve EGP 2.2bn contractual sales in commercial and administrative projects for developers this year, said the franchise owner Mohammad Degheady.

The company’s"...

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11 Feb 2020

Grand Plaza debuts La Mirada Plaza mall with EGP 400m expected sales

Grand Plaza for Real Estate and Touristic Investment is offering units at La Mirada Plaza mall, in New Cairo, with targeted sales of EGP 400m, which includes commercial units, administrative offices, and medical clinics.

Grand"...

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10 Feb 2020

HHD sets deadline to receive pre-qualification applications for its management

Heliopolis Housing Development (HHD) (HELI) set a deadline of 23 February for receiving pre-qualification applications for the management of the company, Chairperson Hany El Deeb told Daily News Egypt on Sunday.

He"...

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06 Feb 2020

Banque Misr, partners to fund for low-income earners housing units in Egypt

Banque Misr signed a cooperation protocol with the Social Housing Fund, Real Estate Finance and Misr Express for Development and Trade (Zaher), to fund for housing units for low-Income earners in October Gardens, Egypt.

Mr."...

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04 Feb 2020

Altameer Arabian launches Egypt debut Rivan New Capital with EGP 3B investments

Altameer Arabian launches Rivan compound, the company’s first project in the New Administrative Capital (NAC), with EGP 3 billion investments.

Marzouk Mansour, CEO of Altameer Arabian, said Rivan is the"...

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03 Feb 2020

Emerald Real Estate to float 28% stake on Egypt bourse mid-monh

Egypt’s Emerald Real Estate Investment will float 28 percent of its shares on the Egyptian stock exchange by mid-February, its chief executive said on Sunday.

Emerald seeks to sell 28 percent, representing"...

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01 Feb 2020

Elsewedy Alliance wins Egypt dry port deal

The Elsewedy Electric Alliance has won the project to establish the first dry port in Egypt in the city of 6th of October on an area of ​​100 acres. Apart from Elsewedy, the alliance also includes DB Schenker Egypt and 3A International. A project company will be established to finance, design, construct, exploit, maintain and operate the dry port under the Public Private Participation (PPP) system for concession period of 30 years. The project aims to serve Alexandria and Dekheila ports as a warehouse for customs clearance of......

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30 Jan 2020

Misrrea to sell off “Osoul El Haram” project

Misr Real Estate Assets Management (Misrrea), a company of the Ministry of Public Business Sector, signed the exclusive marketing contract for Osoul EL Haram project with HSG Investment and Development.

During"...

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28 Jan 2020

Egyptian Real Estate Group reports 257% profit increase

ArabFinance: Egyptian Real Estate Group (AREH) (AREHA) announced, in a statement sent to EGX, holding the Board of Directors meeting on Jan 26, 2020.

The company's board approved financial results for the"...

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26 Jan 2020

The Groove Sokhna offers cosmopolitan, coastal-living experience

Cairo: The Groove Sokhna’s vision is one of hope, and we plan to turn this vision into reality. It is built over 350,000 sqm, on Egypt’s fastest growing city and investment centre, said Ahmed Abdel Hamid, managing director of DM. Ain Sokhna.

“We"...

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