Egypt's Mortgage Finance Fund (MFF) expects to receive a new instalment of its $1 billion World Bank loan programme in June, chairperson said on Monday.
The move expected to unlock a $500 million disbursement, MFF's chairperson May Abdel Hamid said (...)
The Egyptian real estate market does not face a slump in sales which is proven by Talaat Moustafa Group's business results last year, according to chief executive Hisham Talat Moustafa.
TMG company has achieved contractual sales of 4.1 billion (...)
The real estate sector accounts for around 16 percent of Egypt's GDP, said property developer DMG chairman Ayman Ismail on Monday.
"Egypt has a very powerful real estate market. It is the backbone of the Egyptian economy, and speaking about (...)
Egyptian real estate developer Emtelak is expected to achieve investments returns of 6 billion Egyptian pounds ($675mn) for the projects that will be implemented during the upcoming phase, its managing director Ziad El Emam said Monday.
The project (...)
Egypt's property developer, Wadi Degla Holding, is competing on Zayed Crystal Spark project scheduled to be established by using private public partnership system, its deputy CEO Amr Al Kady said Sunday.
He told Amwal Al Ghad that this comes after (...)
Egypt's property developer, Wadi Degla Holding aims to record contractual sales of 5 billion Egyptian pounds (US$ 563 million) in 2016 compared to 3 billion pounds a year earlier, its deputy CEO Amr Al Kady said Thursday.
The company would achieve (...)
Egypt-based Emtelak for Real Estate Development has implemented 60 percent of its Garawla Islands project said its managing director, Ziad El Emam Tuesday.
The project is self funded with total investments worth 1.2 billion Egyptian pounds (US$135 (...)
Egypt's leading real estate developer, Wadi Degla Developments is set to launch three investment projects in the Western North Coast, Ain sukhna and Hurghada during the second half of 2016, according its Chairman Maged Helmy said.
Helmy made those (...)
Egypt's leading real estate developer, Wadi Degla Developments is set to launch three investment projects in the Western North Coast, Ain sukhna and Hurghada during the second half of 2016, according its Chairman Maged Helmy said.
Helmy made those (...)
Egypt-based property developer, Step One, an affiliate of Hossam Farid Group, would deliver the first phase of La Mora Beach- North Coast by 2019, its sales manager Belal Ayman said Wednesday.
Located in Sidi AbdelRahman La Mora Beach is the first (...)
Capital Group Properties (CGP) announced Tuesday, a company owned by leading UAE developers Abu Dhabi Capital Group (ADCG) and Al Ain properties, that it has launched ‘Alburouj,' an integrated residential community project in Egypt.
Jassim (...)
Egypt's La Mirada Real Estate Investment attained EGP300 million sales the proceeds of selling around 300 housing units of the project at the end of the last year, Eng. Shereef Ragheb, director of the project said.
In statements to Amwal Al Ghad, (...)
Chief Development Officer at Hyde Park Properties for Development (HPD) Maged Salah Al Din said his company succeeded in attaining EGP1 billion sales at the end of the last year in conjunction with the beginning of real estate's recovery .
In (...)
Eng. Mohammed Mohsen Salah the Chairman of the Arab Contractors Company, has revealed that his company is competing with a number of firms in order to implement 10 new mental silos for wheat to the Ministry of Supply, as part of its strategy plan to (...)