Real Estate News
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Egypt’s construction sector is most prosperous in the MENA region
Egypt is the most prosperous construction market in the region despite the effect of the currency’s devaluation and the high inflation rate.
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China Fortune to help build new city in Egypt
CFLD released a statement saying it had signed an MOU with the Egyptian government to invest in and build the second phase of the new capital.
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Will government intervention bridge the housing gap in Egypt?
Housing Ministry depends on “social housing” and makes adjustments to the project’s main axes.
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Egypt’s real estate sector remains buoyant
Egypt’s residential real estate market has recorded impressive results thanks to persistently high demand.
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Domestic Investors Pour Money Into Egypt’s Property Market
Rise in prices and sales raise fears of a market bubble; buying houses as a hedge.
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Egypt and UAE talk real estate
During the crown prince’s visit to Cairo, the UAE allocated $4bn in funding to support development in Egypt.
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Egypt's Redcon targets business worth $168mn by 2017
Egypt-based Redcon Construction Company aims to expand its volume of business in the Egyptian market to reach USD 168 million by 2017.
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69% of real estate professionals confident in market growth
Investors and real estate professionals have much to be optimistic about.
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1,560 units built in New Tiba city
A total of 5,352 new housing units are being built in the city, says Madbouly.
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Egypt's property developer Emaar Misr saw net profit doubled in 2015
Emaar contributed to the rise in profits by delivering of 819 units across its developments.
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Property developers report record activity in Egypt
Cityscape Egypt set to welcome record number of buyers and sellers through its doors as real estate industry begins to boom.
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Chinese firm to start drilling at administrative capital site in April
The government signed contracts with CSCEC for 12 buildings, including ministry headquarters, the cabinet and parliament headquarters.
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Egypt's Pioneers to complete Rooya listing in H2 2016
Rooya has a real estate portfolio of about 9 million square metres, with 6 million of that currently under development.
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Egypt's el-Sissi directs $127.7 million for housing units
MENA said today the financing would come from Tahya Misr.
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Egypt's Amer Sees Import Rules Saving $20 Billion in 2016
Authorities tightened rules to finance the imports of goods deemed non-essential and asked importers to register their foreign suppliers with the gov.
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Egypt: Real Estate Market 2015
This is extracted from Africa Report that provides an overview of the continent's diverse property markets.
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Egypt Said to Offer Saudi Arabia Projects in Housing, Tourism
The move comes as part of planned investments by the kingdom to help Egypt’s dollar-starved economy.
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Saudi investments in Egypt focus on infrastructure over 3 years
Projects focus on infrastructure as well as some of the logistical, industrial and commercial projects that were announced at Sharm al-Sheikh.
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Two-tiered real estate demand in Egypt
With economic growth steadily picking up, real estate developers in Egypt are looking to opportunities at opposite ends of the real estate spectrum.
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Initiative to help youth own low cost properties gains momentum
Real estate buyers unite and combine their savings to buy apartments at their actual cost, says campaign founder.