}

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PARAGON | ADEER brings EGP 70B Sumou Boulevard project to London property expo

PARAGON | ADEER is presenting Sumou Boulevard, its EGP70 billion mixed-use development in Mostakbal City, at the 20th edition of the Nile Property Expo in London, as the company expands its outreach to Egyptian expatriates and UK-based investors.

Updated 6/29/2026 10:15:00 AM
Ora Developers brings Crimson, Tipsy Camel, and Elevate Gym to Silversands North Coast

Ora Developers Egypt has signed agreements with Crimson, Tipsy Camel, and Elevate Gym to begin operations along the beachfront at Silversands North Coast, marking a new phase in the activation of the destination’s beachfront facilities.

Updated 6/22/2026 2:06:00 PM
El Gouna launches SIBA Residential Development with multi-architect design concept

El Gouna Red Sea, the year-round destination developed by Orascom Development Egypt, has launched SIBA El Gouna, a new residential development that introduces a multi-architect design approach while building on the town’s longstanding focus on low-density, human-scale living.

Updated 6/22/2026 1:47:00 PM
MIDAR, Majid Al Futtaim to develop $3.1B mixed-use project in New Cairo’s Mada City

Egyptian master developer MIDAR and Emirati-owned, lifestyle conglomerate Majid Al Futtaim have signed a strategic partnership to develop a mixed-use urban project in New Cairo's Mada City, with an initial development value exceeding $3.1 billion.

Updated 6/22/2026 4:22:00 AM
IMKAN Misr, Dex Squared team up to launch holiday homes at Alburouj

IMKAN Misr has signed an agreement with Dex Squared Hospitality to enhance its integrated community offering through the introduction of professionally managed holiday homes

Updated 6/15/2026 11:01:00 AM
Grova Developments enters Egypt's real estate market with Grova EastHills launch

Grova Developments, the real estate arm of Hassan Allam Holding, has entered the Egyptian real estate market with the launch of Grova EastHills, a residential project spanning more than 300 acres on AUC Avenue in East Cairo.

Updated 6/15/2026 8:26:00 AM
Gulf Egypt unveils expansion strategy as it marks 50 years in Egypt

Gulf Egypt for Hotels and Tourism (Gulf Egypt), a subsidiary of United Real Estate Company (URC), has announced a new expansion strategy as it marks 50 years of operations in Egypt, outlining plans focused on the development of integrated tourism destinations and sustainable hospitality assets.

Updated 6/14/2026 1:36:00 PM
Majid Al Futtaim begins construction of JUNCTION business park in West Cairo

Majid Al Futtaim has announced the start of the first phase of construction for JUNCTION, its business park in West Cairo.

Updated 6/1/2026 12:06:00 PM
TLD partners with Marriott International to launch Tribute Portfolio Hotel & Residences

Real estate developer TLD has signed an agreement with Marriott International to introduce a Tribute Portfolio Hotel & Residences within its Westrict development in Sheikh Zayed, marking a new addition to West Cairo’s growing pipeline of mixed-use projects.

Updated 5/4/2026 9:42:00 AM
ELM Developments appoints Savills Egypt for ELM Tree Business Center

ELM Developments has signed a management and operation agreement with Savills Egypt to oversee its flagship business center within the ELM Tree project in 6th of October City, with projected total sales exceeding EGP 4 billion.

Updated 4/5/2026 11:02:00 AM
El Gouna launches “Nuba El Gouna” serviced apartments with two-year delivery timeline

Red Sea destination El Gouna, developed by Orascom Development (ORHD), has launched “Nuba El Gouna,” its first fully serviced apartment project, introducing a residential offering that combines hotel-style amenities with integrated property management.

Updated 4/2/2026 9:10:00 AM
Arab Developers EGM approves EGP 1B capital increase

Arab Developers Holding's (ARAB) extraordinary general assembly (EGM) has approved a proposal by the board to increase the company’s issued and paid-up capital by EGP 1 billion, raising it to EGP 2.390 billion from EGP 1.390 billion.

Updated 1/26/2026 12:10:00 PM
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