Real Estate News
-
Discussions on Old Rent Law remain open
Attia proposed that the minimum rent be set at LE 2,000 for low-income areas, LE 4,000 for middle-income areas, and LE 8,000 for upscale areas.
-
Egyptians for Housing’s profits rise 121.6% YoY in Q1 2025
Operating revenues surged to EGP 54.616 million in the three months to March from EGP 44.589 million over the same period last year.
-
Egypt: Talaat Moustafa Group records $3.15bln in sales year-to-date
This performance includes $1.38bln in sales achieved in a single day from the second phase launch of its North Coast project, SouthMed.
-
Talaat Moustafa Group records EGP 160bn in sales year-to-date
Approximately 5,100 units were sold on that day, bringing the total sales for the SouthMed project to over EGP 352bn since its inception in July 2024.
-
Egypt’s Aldiwan launches $79mln Vilar project in Alamein City
Aldiwan plans to launch another coastal project in Ain Sokhna by the first quarter of 2026, as part of its expansion strategy.
-
Al Marasem International commits EGP 8bn to fuel real estate expansion in Egypt
In 2024, the company reported sales of approximately EGP 39.5bn from its projects in New Cairo, Sheikh Zayed, and Ras El Hekma.
-
Egypt revisits old rent law – Key amendments under discussion
The legal rental value of residential units will be increased to 20 times the current value.
-
Mabany Edris launches Ons New Zayed with EGP 13.5bn investment across 84 feddans
Mabany Edris invests EGP 13.5B in a new 84-feddan residential project in West Cairo, with 1,012 low-density units.
-
Up to 60 days to issue amendments on the old rent law in Egypt
Among the most prominent features of the new draft law is the setting of a new rental value for housing subject to the old rent law.
-
HDP breaks ground on EGP 2.5bn Talda project in Mostakbal City
HDP aims to deliver the residential units within 24 months, reflecting its solid financial position and commitment to meeting customer expectations.
-
Real estate developers urge financial support, regulatory reforms, and global promotion to drive growth
Developers call for mortgage law reforms, financial incentives, and global promotion to strengthen real estate growth.
-
LMD Launches Landmark 150-Acre Mixed-Use Development in West Cairo
LMD launches a mega 150-acre residential-commercial complex in West Cairo, targeting modern urban development.
-
Al Ahly Sabbour Developments launches the 1st phase of “The Mornings” – Egypt’s first ‘Own-to-Rent’ concept
Al Ahly Sabbour unveils ‘The Mornings’ in New Cairo—Egypt’s first own-to-rent model blending smart design with investment potential.
-
Hisham Talaat Moustafa among the Middle East's top real estate leaders in 2025
The Managing Director of Talaat Moustafa Group Holding is one of the most influential real estate company leaders in the Middle East for 2025.
-
Egypt Launches 261,000 Apartments Across Five Phases
Ministry of Housing prepares to offer diverse housing options while reforming subsidy system for food support.
-
Egypt’s Madinet Masr in talks for Saudi, UAE expansion
The EGX-listed developer is in negotiations with companies in Saudi Arabia and the UAE for potential joint ventures, starting with Riyadh.
-
PM inspects units of “Housing for all Egyptians” initiative
The premier is accompanied by Minister of Housing, Utilities and Urban Communities Sherif Sherbiny and officials of the Housing Ministry.
-
Housing Ministry to facilitate real estate funds
El-Sherbiny emphasized that real estate funds are vital financial instruments that offer diverse investment opportunities and generate strong returns.
-
Egypt’s Mountain View, STM Investment partner for residential project in East Cairo
Egypt’s Mountain View teams up for a new residential project in East Cairo, marking a significant investment in the real estate sector.
-
Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project
The Sea Shore project is designed as a high-end coastal destination, featuring a mix of residential and hotel units for sale.