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Private sector’s participation in implementation of Egypt’s Vision 2030 should be increased: Cityscape
Egypt is implementing several new cities and urban communities to double the state’s urban area and absorb the continuous population increase, which reflects the size of development and investment opportunities currently available in Egypt, according to Fathallah Fawzi, the general manager of the Cityscape Egypt conference. During the opening session of Cityscape Egypt on Sunday, …
Real estate sales see no deceleration, more services required in new cities: developers
Co-Founder, chairperson and CEO of DMG-Mountain View, Ayman Ismail, said that real estate sector represents about 16% of Egypt’s GDP and is considered an influential market and locomotive for economic growth. Ismail refuted reports about deceleration in the performance of the real estate market during the recent period, referring to the financial results of real …
El Gazzar to outline government’s real estate vision at Cityscape Egypt 2019
Real estate leaders meet to discuss sector’s future
Implemented commercial, residential units not commensurate with market needs: Chairperson of Mountain View
During the ‘Think Commercial’ roundtable discussions held by Media Avenue and Window companies on Wednesday, developers agreed that the Egyptian market is attractive for investment in different sectors, but it is necessary to provide clear information on the size of commercial and administrative units and retail supply, as well as implement legislation prohibiting the change …
Housing Ministry surpasses real estate developers in sales of new cities
No competition exists between state, developers in new cities, says NUCA assistant housing minister
Real estate sector to prosper by 2020 following inauguration of 14 new cities
Country suffering from gap between offered, required social housing units due to high population growth
Private firms, government agree to issue real estate sector regulatory law
May Abdel Hamid, the CEO of the Social Housing Mortgage Finance Subsidy Fund, agreed with representatives of real estate companies on the importance of issuing a new law which will regulate the real estate sector during her speech at the fifth real estate summit which was organised by the American Chamber of Commerce in Egypt …
Opening of GEM will increase real estate demand, sales in west Cairo: SODIC
Government exerts substantial efforts to internationally promote Egypt’s real estate sector
Think Commercial’s roundtable discuss future of non-residential real estate projects
The first roundtable in Egypt on non-residential real estate projects, including commercial, medical, and administrative, on 20 March, titled ‘Think Commercial’ at the Nile Ritz Carlton hotel, under the sponsorship of the Minister of Housing and Urban Communities, Assem El Gazzar. The roundtable discussion will be attended by the Deputy Minister of Housing for National …
Minister of Housing to present government’s real estate, construction strategy at Builders of Egypt Forum in April
The Minister of Housing, Utilities and Urban Communities, Assem El Gazzar, will participate in the fifth edition of the Builders of Egypt Forum on 21 April, under the title ‘Exporting the Egyptian Contracting and Real Estate: A New Future for Investment’. The minister will present the state’s plan to export real estate property, and promote …
Mountain View to launch ready-to-occupy units expecting EGP 1.5bn sales
Mountain View plans to launch ready-to-occupy units in its existing projects in 2019 with expected sales of EGP 1.5bn, according to Amr Soliman, the company’s chairperson. During a press conference held Tuesday, Soliman said that his company is keen on keeping 20% of the total of every project’s units to be offered later at higher …
Aristo signs exclusive agency contract to market its real estate projects in Egypt
Company handed over 265 projects with investments over $6bn
Egypt’s real estate market expected to attract foreign direct investment for 2019/21
The real estate market in Egypt continues to present positive growth indicators for the upcoming 2019 to 2021 period, according to Ayman Sami, the JLL country head-Egypt. Sami noted that the market is expected to attract foreign direct investment in order to restore the international position of Cairo as a competitive and a leading real …
Video: Hisham Talaat among the 50 most influential figures in the Egyptian economy, why?
Hisham Talaat Moustafa, is one of the most influential figures in the Egyptian Economy and “Talaat Moustafa Group” is the “Pioneering Real Estate Developer – 2018”
Palm Hills increases its sales by 18% in FY 18
Palm Hills Developments has achieved EGP 12.5bn sales in its project with an increase of 18% Y-o-Y, according to consolidated financial statements for the last quarter (Q4) of 2018. The statement said that the company has succeeded in selling 3,102 units in fiscal year (FY) 2018, compared to 2,136 units in FY 2017. The company …
First Group showcases two projects in Everest Real estate Exhibition in Kuwait
Diversity of real estate sector in Egyptian market adds to its regional competitive advantages
ALMF.CA considers increasing real estate investments to EGP 500m
Government’s IPOs on EGX considered one of most important investment aspects, says El Kherbawy
Developers call for replacing imprisonment with fines in real estate violation cases
Final draft of law scheduled to be submitted to cabinet within two months, says Sabbour
Think Commercial: Egypt’s 1st round-table talks on future of non-residential real estate
The first roundtable in Egypt on non-residential real estate, including commercial, medical, and administrative real estate, will be held on 20 March under the title “Think Commercial” at Nile Ritz Carlton hotel. The meeting will be organised by Window and Media Avenue companies which are specialised in organising conferences. The round-table talks will see the …
ERA-Egypt aims for EGP 1.5bn in sales in developers’ commercial projects for 2019
Company achieved sales worth EGP 500m last year in commercial sector
Cityscape Egypt focuses on energising real estate market, re-instating confidence
Event will take place across Egypt, Saudi Arabia, UAE between March 24-18
MREC, Amaco agree to export real estate, promote Egypt-Saudi cooperation
MREC for Integrated Real Estate Services and Saudi Amaco has signed a strategic agreement to promote and organise conferences and exhibitions. The agreement stipulated promoting WAFIEX 2019 exhibition for selling off-plan real estate projects, which will kick off in Saudi Arabia from 9 to 11 March. WAFIEX will be held under the patronage of the …
RE/MAX launches RE/MAX Corporate to boost real estate exports
Company plans to increase its sales by 80% in 2019, targeting EGP 6bn
Branded residences gain growing importance for foreign customers
Global market has 1.1m service units, says Real Estate Export Council
Developers expect more sales stability, mergers in real estate market in 2019
Real estate developers predicted that in 2019 the real estate sector will witness a state of relative stability in sales as a continuation of the last quarter of 2018. They stressed that if fuel prices rise, this will reflect a 15% increase in real estate prices during 2019. They also pointed out that despite the …
Egypt’s investment in real estate reached EGP 80.45bn during 2017/18:MEFMA
Increase opened up more growth prospects, not only in property industry, also in local, regional facility management sectors
Palm Hills , Tatweer Misr aim to increase revenues in 2019
85% of real estate sales were for investment purposes in 2018, says Tatweer Misr’s MD
Newly-established EAMD aims to propose draft law organising real estate marketing sector
Association formed committee to resolve problems of marketing companies
Developers at IPS Egypt see real estate sector is generator of economy
Egyptian market is very unique thanks to huge demand: Abbas
Real Estate Development Chamber, DLD sign cooperation protocol to promote real estate investment
Partnership aims to exchange expertise on several levels between two countries: Tarek Shoukry