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ACUD offers new payment, expansion facilities for developers

The Administrative Capital for Urban Development (ACUD) has provided new facilities for real estate developers in the New Administrative Capital.

Updated 11/13/2024 10:47:00 AM
Tabarak Developments to offer 30% of its shares on EGX in H2 2025

Real estate player Tabarak Developments plans to offer 30% of its shares on the Egyptian Exchange (EGX) in the second half (H2) of 2025.

Updated 9/25/2024 2:52:00 AM
Emaar Misr commits $1B for 2025 expansion in Egypt

Emaar Misr for Development (EMFD) is investing approximately $1 billion in Egypt next year.

Updated 9/22/2024 4:26:00 AM
First Design secures EGP 5.2B loan for new project in TMG’s Madinaty

An Egyptian banking consortium has signed a five-year financing agreement worth EGP 5.2 billion with the real estate developer First Design to develop residential, commercial, and administrative units on 170,000 square meters in Talaat Mostafa Group’s (TMG) Madinaty project.

Updated 7/14/2024 5:01:00 AM
Egypt receives $500M land allocation requests in 2 months

The Egyptian government has received land allocations requests from real estate developers worth $500 million during August and September, Chairman of New Urban Communities Authority (NUCA) Walid Abbas said.

Updated 9/21/2023 8:31:00 AM
Al Ahly Sabbour targets EGP 16B sales in 2024

Al Ahly Sabbour eyes generating sales of EGP 16 billion in 2024 from its projects across eight areas in Egypt, CEO Ahmed El Sabour said.

Updated 9/21/2023 8:20:00 AM
UAE’s Diamond Developers eyes EGP 3B new projects in Egypt

The UAE-based real estate developer Diamond Developers is planning to inject EGP 3 billion to develop new projects in the Egyptian market in the near future.

Updated 9/21/2023 8:07:00 AM
Misr Italia aims to increase investments by 30% in 2024

Misr Italia Properties (MIP) is targeting a 30% year-on-year (YoY) increase in its investments in 2024, Chairman Hany El Assal said.

Updated 9/21/2023 7:56:00 AM
Madinet Masr launches Elan

Madinet Masr has launched Elan, its latest project in Sarai.

Updated 6/21/2023 10:56:00 AM
Arab Developers’ EGM nods to capital increase

Established in 2015, Arab Developers is a leading real estate developer in Egypt that has a diversified business portfolio.

Updated 6/11/2023 9:46:00 AM
Egypt OKs new facilitations for investors, real estate developers

The Egyptian cabinet has approved a proposal by Ministry of Housing regarding granting various facilities to investors and real estate development companies amid local and global challenges

Updated 3/30/2023 9:08:00 AM