July 28, 2021

Egypt gets $18m Kuwait funding for two desalination plants

Egypt has reached an agreement with Kuwait Fund for Arab Economic Development for development of two desalination plants in the new cities of Rafah......

July 27, 2021

Egyptian billionaire Naguib Sawiris launches $1.4bn gold mining fund

The Luxembourg-based fund will be a long-only, deep-value fund primarily aimed at gold mining, according to a statement by La Mancha Holding. Sawiris,......

July 26, 2021

Aldar Properties requests extended compulsory purchase offer of SODIC shares until due diligence completed

Egypt’s Financial Regulatory Authority (FRA) has announced that it has received a letter from Aldar Properties requesting the extension of......

July 26, 2021

ARZAN WEALTH SUCCESSFULLY SELLS AN OFFICE BUILDING IN THE NETHERLANDS

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased......

July 25, 2021

Broadway Malyan completes work on first school in Egypt

UK-based global architecture firm Broadway Malyan has designed a new international school as part of a major new mixed-use community on the edge......

July 15, 2021

New Administrative Capital is Egypt’s gate for property export: Developers

Egypt’s real estate developers agreed that Egypt has a great potential to export property through its new and fourth generation cities, namely......

July 11, 2021

Housing & Development Bank, Education Ministry partner to support special needs students

Egypt’s Housing and Development Bank (HDB) has signed a joint cooperation protocol with the Ministry of Education and Technical Education to......

June 30, 2021

Egypt's real estate transaction tax achieves LE7B annually

CAIRO – 29 June 2021: Real estate tax is a stable tax and generates income for the state estimated at about LE 7 billion annually, the Egyptian......

June 29, 2021

Al Zorah - Ground levelling Works start in District 9

Al Zorah Development Company has begun land levelling works in District 9, in which 70% of the residential plots and 10% of the commercial plots......

June 27, 2021

Marota Developments begins construction on Mastro project at New Capital

Marota Developments has announced that construction has begun at its Mastro project, located in a distinct area of the New Administrative Capital’s......