Latest Real Estate News
PACT has pumped EGP 325m into its White Bay project so far: company president
In negotiations with banks to offer financing, expect to settle within five…
UAE real estate firms shift focus to Egypt
Abu Dhabi-based Capital Group Properties (CGP) has implemented several large-scale projects in…
Real estate investors criticise government’s land-offering procedure
State monopoly’s on land offerings is behind price increase, says EBA chairman…
Increasing social housing units’ down-payment may affect turnout of applicants
Housing Ministry increased down-payment to EGP 9,000 from EGP 5,000
Government sets timeline for delivery of social housing units in response to parliament criticism
A total of 300,000 units will be delivered by the end of…
SECON begins its Riyadh project in Egypt
Launching the project for marketing during Cityscape after obtaining the ministerial permit…
69% of real estate professionals confident in market growth
Investors and real estate professionals have much to be optimistic about
EGP 2.5bn syndicated loan to Majid Al Futtaim
Alex Bank and the National Bank of Abu Dhabi will act as…
Capital Group Properties develop ‘Alburouj’ project with investments of EGP40bn
Project includes 30,000 units, built on 1,212 acres
Arabian Cement’s financial statements impacted by foreign currency shortage
The company’s profits declined to EGP 111m during Q4 2015