2024: Defining year for Egypt’s real estate market – key developments, emerging trends
Egypt’s real estate market experienced substantial developments in 2024, as economic challenges intensified with fluctuations in exchange rates and rising inflation. These factors significantly impacted the purchasing power of citizens and investors. Despite these hurdles, the sector demonstrated resilience, supported
Modon Holding, Hassan Allam explore collaboration in Ras El-Hekma projects
Modon Holding has announced a strategic partnership with Hassan Allam Holding, to explore collaboration across large-scale construction projects in Egypt. The memorandum of understanding aims to enhance cooperation in the construction sector, including infrastructure, energy, and water and wastewater treatment.
e& Egypt Joins Cairo ICT 2024 with Innovative Tech Solutions
e& Egypt, a leader in integrated telecommunications and information technology, is participating in the 28th edition of the Cairo ICT 2024 exhibition. The event runs from November 17 to 20, under the patronage of President Abdel Fattah El-Sisi and the
Talaat Moustafa Group stock soars 148% in 2024
Shares of Talaat Moustafa Group (TMG) have surged more than 148% since the beginning of the year, closing at EGP 60 per share on Monday, compared to a closing price of EGP 24.15 per share at the end of 2023.
PM follows up on Ras El-Hekma development progress, compensation status
Prime Minister Mostafa Madbouly held a meeting Sunday to review updates on the development of the first phase of Ras El-Hekma project and the status of compensating the area’s residents. At the beginning of the meeting, the Prime Minister noted
Egypt, UAE leaders witness launch of $110bn Ras El-Hekma Development Project
Egypt President Abdel Fattah Al-Sisi and UAE President Mohamed bin Zayed Al Nahyan witnessed the launch of the Ras El-Hekma development project on Egypt’s western North Coast, a significant step in strengthening economic ties between the two countries. The total
UAE’s ADQ appoints Modon Master Developer for Egypt’s Ras El-Hekma Megaproject
Abu Dhabi-based investment and holding company ADQ has appointed Modon Holding PSC as the master developer for the Ras El-Hekma megaproject, a major development spanning 170 million square metres on Egypt’s northwestern coastline. The appointment was announced in the presence
Egypt’s Ras El-Hekma Megaproject: Modon Holding Secures Key Partners for
Modon Holding PSC, the master developer for the Ras El-Hekma megaproject on Egypt’s Mediterranean coast, has taken a significant step forward by securing key partnerships for the ambitious development. The project, situated on Egypt’s north coast, is envisioned as a
NAIA accelerates construction pace at North Coast project by 70% – Dailynewsegypt
Naia Developments has announced a significant acceleration in construction progress at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast. During a recent media tour, the company showcased its commitment to delivering the first phase
Inertia Egypt to deliver 500 units in 2024 – Dailynewsegypt
Life has sprung into the Jefaira project in the Ras El Hekma area of the North Coast, as Inertia Egypt has started delivering units to customers after providing a diverse range of services within the project. These include the operation