Real Estate News
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Egypt's Pioneers plans IPO of real estate developer Rooya
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 allocates LE1 billion in state funds to develop slums
The amount is part of LE6.85 billion in targeted investments for local development programmes.
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Global Concrete Expansion Agent (UEA) Industry 2015 Market Research Report
The report gives a detailed overview of the key segments in the market.
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Global Buiding Weather Proofing Sealant Industry 2015 Market Research Report
The report gives a detailed overview of the key segments in the market.
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Emaar Misr boosts net sales by 20% in H1 of 2015
Real estate developer scored net sales of EGP 3.91bn in first half of current year compared to EGP 3.26bn last year.
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2019 Construction Market Outlook in France – Analysis and Forecasts
Construction Market in France 2015 – 2019 report covers the present scenario and growth prospects of the construction market in France for 2014-2019.
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5,000 land parcels offered in 10 new cities
The lands range between 209 and 276 metres, and booking starts from 26 July to 27 August.
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Global Movable Bag Filter Industry 2015 Market Research Report
2015 Global Movable Bag Filter Industry Report is a professional and in-depth research report on the world's major regional market conditions
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Egypt's Emaar Misr says to list on Cairo bourse on July 5
Emaar Misr a unit of Dubai's Emaar Properties offered 12.99 per cent of its shares in an initial public offering.
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UAE to offer Egypt grant for 10-year slum development project
The project will prioritise slum areas in Upper Egypt's Minya governorate and Cairo's Manshiyet Nasser district.
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Ministry of Housing denies termination of Cairo Capital MoU
Contradictory reports have surrounded project since its announcement.
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Egypt- Ministry of Housing may provide lands in exchange for housing units: Badr El-Din
A proposal suggests the government provide lands for the real estate developers in exchange for 15% of housing units as payments for the land.
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Government raises allocations of low-income housing by 19%: Finance Minister
Ministry of Housing plans to allocate 20% of the loan to fund housing unit rents.
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Egypt's SODIC says accepts resignation of managing director
SODIC is targeting sales of 4bn EGP ($524 million) this year, up from 3 billion in 2014. The company targets upper middle income consumers.
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UAE’s Emaar to float in Egypt’s stock market at 3.8 pounds per share
The company is due to list and trade on the Egyptian stock market on July 2, but the date is subject to change.
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Egypt's Palm Hills agrees $98 million loan through subsidiary
The company arranged the loan with Banque Misr, the National Bank of Egypt , and the Arab African International bank.
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Egypt responsible for Cairo Capital project should negotiations with partners fail: Assistant Housing Minister
Negotiations with Emirati investors facing huge challenges, but ministry insists on establishing the project even if negotiations fail, says Abbas.
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Egypt signs $4.6 bln construction deal with Arabia Group -statement
The agreement was made at the Economic Summit that was held in March.
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Real estate developers seek low cost funds from EGX
Listing real estate companies allows them to increase capital to compete with foreign companies.
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Egyptian developer Palm Hills in three deals worth $63 mn
Last month Palm Hills said it had completed a 1.62 billion Egyptian pound share sale to fund growth.