Real Estate News
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Top 10 real estate companies in Egypt achieve total EGP 168bn sales in 1H 2023
TMG topped the list of real estate companies in terms of sales during the first six months of the year, with sales amounting to EGP15bn.
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Egypt sold $2 bln of land in 6 months: Minister
Egypt has sold $2 billion worth of land between 1 January and 30 June 2023, announced Minister of Housing Assem El-Gazzar.
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30k realtors, over 6,500 registered brokerage companies operate in Egypt
Egyptian Association for Realtors calls on government to establish independent body for licensing and regulating real estate brokerage.
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LMD works toward rapid construction in its ground-breaking Zoya Ghazala Bay in North Coast
LMD, the leading real estate company, proves its full commitment to clients and implementing its projects according to its timeline.
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All you need to know about the New Administrative Capital
The New Administrative Capital (NAC) is planned to be Egypt's new capital. The first government employees move into their workplaces
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Remco, Emaar Alex partner to launch project in North Coast Egypt
The project, which will be fully executed by Remco’s staff, is expected to be completed within three years.
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Talaat Mostafa's ICON seeks ‘significant’ stakes in 7 Egyptian state-owned hotels
The seven hotels are owned by the Egyptian General Company For Tourism and Hotels (EGOTH).
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Egypt intends to sell 25-30% stake in MIDAR to strategic investor
It was reported in May that Egypt targets collecting additional proceeds of EGP 70 billion from its IPO program in the fiscal year (FY) 2023/2024.
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Egypt real estate for foreigners decree: All you need to know
Foreigners were limited to owning two residential properties for personal or family use, with each property not exceeding 4,000 square meters in area.
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Egypt allows foreigners to own residential real estate
The Egyptian Cabinet approved a law on Wednesday allowing foreigners to own residential properties in Egypt, according to an official statement.
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Egyptian Real Estate faces challenges with low registration rates
The low registration rates stemmed from a combination of bureaucracy and lengthy procedures.
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New Capital embraces first initiative to regulate Egypt’s real estate marketing sector
The Innovation Experts Real Estate Institute is the educational arm of the Real Estate Regulatory Agency (RERA), which is affiliated to the Dubai Land
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Capital Group Properties reinforces commitment to strategic growth plan in Egypt
Capital Group Properties (CGP) has announced plans to further drive its strategic growth plan in Egypt.
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Al-Futtaim Real Estate wins the prestigious ‘Developer of the year’ award at The Big 5 Construct Egypt 2023
The Big 5 Construct Egypt 2023 was held from 19-21 June at Egypt International Exhibition Center.
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LMD Breaks Ground on W Residences Cairo & W Cairo situated within its Flagship One Ninety Development in New Cairo
LMD is a leading real estate company that continues to establish an outstanding position in Egypt and many countries around the world.
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Fifth edition of Big 5 Construct Egypt exhibition opens in Cairo
The fifth edition of the Big 5 Construct Egypt for construction material opened on Monday at the Egypt International Exhibitions Centre.
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Egypt: Zahraa Maadi obtains shareholders’ nod for 2022 dividends
Shareholders greenlighted the dividends proposal during the ordinary general meeting (OGM) that was held on 15 June.
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Saudi Egyptian developers, NUCA to launch M8 phase in Marina El Alamein
The “M8” resort is Marina’s latest phase and is expected to be delivered in three years.
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TMG profits exceed expectations, its share records EGP 15: Naeem Brokerage
Talaat Moustafa Group’s profit margins improved to 35.2%, up 3.4%, exceeding estimates for the value by 34%.
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Egypt's real estate market can improve with investment funds: Experts
The Egyptian real estate market can drastically improve if real estate investment funds are introduced and fully integrated into the market.