Hilton Worldwide plans to include 2,390 new rooms to its portfolio of the units it manages in Egypt through opening nine new hotels in the coming five years, with plans to expand in the Upper Egypt region and other governorates.
Hilton vice (...)
The Next Move exhibition for real estate projects has witnessed a remarkable turnout by middle-income housing customers since it was launched on Thursday at the Cairo International Convention Centre in Nasr City, driven by offers and easy payment (...)
Samy Al-Quraini, chairperson of Yafa Mac Touristic Co., said that the company plans to inject EGP 1.5bn of new investments in the second phase of the Emirates Heights project at the North Coast, next to building a yacht harbour.
He explained that (...)
Wadi Degla Developments is presenting its package of tourism and housing projects during the current Cityscape exhibition. The company plans to gradually raise its prices throughout the current year. Moreover, Wadi Degla aims to increase the size of (...)
How would you describe 2017 in the real estate world?
2017 is a challenging year for this sector and changes are occurring frequently.
The business model for real estate in Egypt is different from any other country where developers invest in their (...)
What are the company's most important projects?
Al Ahly Real Estate Development is currently considering a project in partnership with Layan within the Mostakbal City project. The project will be launched this year, in addition to the selling of the (...)
Hyde Park Properties for Development is set to offer the first phase of its tourism project on the North Coast in July and plans to implement the bulk of the work in the New Cairo project.
CEO of the company, Amin Serag, told Daily News Egypt in an (...)
Samcrete for Urban Development Company plans to develop a residential project in 6th of October City in the next year, which will be an extension of its Pyramids Heights project, with investments of EGP 600m. The company also targets to develop a (...)
Hyde Park Properties for Development announced it would offer new tenders to speed up the construction and completion of its project's units.
Mohamed Mustafa Hamouda, legal adviser for Hyde Park, told Daily News Egypt that the company has taken (...)
Palm Hills Development is one of the largest companies operating in the real estate sector, and has recently achieved an increase in sales that reflected its financial performance during 2015. Daily News Egypt interviewed Tariq Abdel Rahman, (...)
The real estate development company Assets for Development, recently releaed plans to construct three new projects this year, including a medical facility at a cost of EGP 50m, in addition to a residential compound in New Cairo and a series of (...)
Businesses Establishments KAD plans to open six commercial centres, under the name Mega Build, within two years, with EGP 8bn in investments for the benefit of the International Commercial Centres Management Company (ICCMC).
It will also inaugurate (...)
CAIRO - More than 130 Egyptian intellectuals have signed a statement in solidarity with novelist Tarek Emam, who was announced as the winner of a State Incentive Award for his novel 'The Calm of Killers' (hodo' alqattal), but who subsequently had (...)
Egyptian pop singer Mohamed Mounir has denied that he had signed a document backing Mohamed ElBaradie as a candidate in Egypt's 2011 presidential election, asserting that he has no political agenda.
Mounir said on his official website that he had (...)