Real Estate News
-
Wadi Degla Developments reveals its turnaround strategy
The strategy — which was quietly launched in 2018 — aims to ensure WDD’s performance and sustainability, allowing it to deliver upon its mandate.
-
Demand for mortgage financing increased by 94% in just 8 months
Mortgage financing is the main solution to overcome the hikes in real estate prices: Chairperson.
-
Egypt’s WDD to double construction spend to $81mln in 2023
The developer recently launched EGP1.5 billion ($61 million) ‘Club Town’ residential project in Maadi, Cairo.
-
White Eagle Development launches EGP 2bn projects at NAC with Egyptian-Emirati partnership
Gebili added that the company is also preparing to launch another project in the NAC with investments worth approximately EGP 1.2bn.
-
Egypt’s Real Estate Development Chamber to propose new financing mechanisms
These successes were based on the continuous follow-up of market developments, cooperation with the Housing Committee in the House of Representatives.
-
7th Arab Housing Conference kicks off in Egypt
The three-day event is being held on the sidelines of the 39th session of the Council of Arab Ministers of Housing and Reconstruction.
-
Egypt's UDF launches $24bln national mega housing project
The project aims to develop the capitals of the governorates and major cities.
-
Egypt, World Bank Group discuss developments of social housing financing programme
The social housing financing programme began in 2015 at a value of $1bn to provide adequate housing for low and middle-income people.
-
Urbnlanes plans to raise investments in Egypt to $974.61mln
Urbnlanes’ investments in Egypt amount to EGP 11 billion distributed on 3 projects, Urbnlanes CEO, Fadi Emeel said.
-
Egypt's Tatweer Misr launches Rivers project in New Zayed
The project consists of more than 700 villa residential units, will start in 2025 and complete in 2027.
-
Reduced subsidies, a burden on property developers
The decision, however, stipulates that the Ministry of Housing, Utilities, and Urban Communities would support the interest difference.
-
Egypt's Ontario Developments starts construction of Maple Business Complex
Hafez Consultants is the project’s lead consultant, and delivery is planned to begin by 2026.
-
Patement proptech Platform raises $1.5 million
Partment offers a hassle-free solution for second home co-ownership through the digital platform and smart booking system
-
Egypt's Housing & Development Bank sees over $1mln block trading deal
In the first half of 2022, HD Bank reported higher consolidated net profits by 29.9% annually.
-
Investments in Egypt's construction sector hit LE600B annually
This came during the inauguration of the fourth edition of The Big 5 Construct Egypt exhibition.
-
Misr Italia to deliver 800 units in IL BOSCO
El-Assal said that IL BOSCO was built on an area of about 200 feddan in R7 at the New Administrative Capital (NAC).
-
2022 to open new opportunities in Egypt's real estate market
Egypt was one of the few emerging market countries that experienced a positive growth rate thanks to the government’s timely response to COVID-19.
-
Intelligent Cities Exhibition kicks off 27 October
Intelligent Cities have become essential to achieve better quality of life for current and future generations.
-
Arkan Palm receives EGP 1.5bn finance
5 banks partner to provide financing, including Export Development Bank of Egypt, Housing and Development Bank, United Bank, Suez Canal Bank & others.
-
Egypt's economy riding high on $354.8bn project pipeline
A major event for the building sector, The Big 5 Construct Egypt will be back on June 26 and run until June 29.