Tag: Real Estate

Banque Du Caire finances purchase of 7,317 residential units within CBE real estate financing initiative

Banque Du Caire purchased 7,317 residential units for low and middle-income segments…

Hossam Mounir

Sawiris and Cypriot partner to develop touristic real estate project

Sawiris is contributing 80% through Gemini Holding and Makronisos with 20%

Ehab El-Dababy

Samcrete plans to expand in west, east Cairo, and the North Coast

Pyramids Heights Residences sales reach approximately EGP 800m as of September

Shaimaa Al-Aees

Alkan Group invests $600m into Citadel Plaza project over 5-year period

The group recently launched the construction of the administrative building in phase…

Shaimaa Al-Aees

Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly

We are taking market developments into account and are planning for projects…

Mohamed Darwish

Will government intervention bridge the housing gap in Egypt?

Housing Ministry depends on “social housing” and makes adjustments to the project’s…

Mohamed Darwish

The imminent real estate bubble

New Cairo, coastal projects in danger; VAT increases residential units’ prices

Ahmed Samir

Real estate bubble does not exist in Egypt: developers

80% of lands are not developed and the growth in the sector…

Shaimaa Al-Aees

EGP 1.3bn in real estate tax revenues in previous fiscal year: Deputy Finance Minister

Egypt has passed an important stage in the tax reforms as parliament…

Abdel Razek Al-Shuwekhi

Saturation of real estate market unlikely in coming years: Colliers International

Egypt’s mortgage finance remains so insignificantly small at the moment, it does…

Shaimaa Al-Aees