Vantage launches M Signature with EGP 1.5bn investment in New Cairo
Vantage Urban Developments, a prominent Egyptian real estate company, has announced the launch of its second project, M Signature, in New Cairo, with a total investment of EGP 1.5bn. Mohamed Abdel Gawad, Chairperson of Vantage Urban Developments, emphasized that the
Egyptian investors emphasize private sector’s significance for economic growth
Chairperson of Al Ahly Sabbour Developments, Ahmed Sabbour, emphasized that investors have become a central focus of global attention. They are the driving force that elevates the economy to higher efficiency, significantly contributing to international production through investments that ultimately
NUCA issues securitization bonds exceeding EGP 40bn: FRA chief
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), has highlighted the importance of securitization mechanisms for real estate companies, citing the New Urban Communities Authority (NUCA) as an example. He revealed that NUCA had issued securitization bonds exceeding EGP
IFC, Orascom Development partner to boost green tourism in Egypt
IFC announced on Sunday a partnership with Orascom Development Holding’s (ODH) largest subsidiary, Orascom Development Egypt (ODE), to support the leading Egypt-based tourism and real estate developer to improve energy and water efficiency and reduce greenhouse gas (GHG) emissions across
HPD Developments debuts in Egypt with EGP 8bn investment plan
HPD Developments has officially launched in partnership with Saudi Arabia’s Zamil Group. Leveraging over 20 years of experience, the company aims to redefine real estate with an ambitious vision, rooted in Zamil’s distinguished legacy in Saudi construction since 1920. Sherif
Banque Misr arranges EGP 2.8bn worth of syndicated funding to Landmark Development
A banking alliance, led by Banque Misr, provided syndicated financing worth EGP 2.8bn to Landmark Developments Company, with the participation of EG Bank and Suez Canal Bank as lenders. the initial lead arranger, financing marketer, financing agent, security agent,
Savills Egypt wins ‘Best Real Estate Agency’ at 2024 Euromoney Real Estate Awards
Savills Egypt has been named as “Egypt’s Best Real Estate Agency” at the Euromoney Real Estate Awards 2024. This award highlights Savills Egypt’s exceptional performance, innovation, and continued growth within the Egyptian real estate market, affirming the firm’s commitment to
Ajna Developments launches Eastville with EGP 5bn investment in New Cairo
Ajna Developments has announced the launch of its latest project, Eastville, located in New Cairo’s Fifth Settlement. Spanning 20 feddans with a total investment of EGP 5bn, the project represents a partnership with Ahmed Youssef Al Araby, CEO of Kelma
Adeer International explores 9 real estate investment opportunities in Egypt
Adeer International, owned by Sumou Holding, studies nine investment opportunities, including potential partnerships for real estate development projects or purchasing lands in East and West Cairo, according to CEO Bassel El Serafy. El Serafy told Daily News Egypt that Adeel
Kuwaiti Urbnlanes Developments launches 46-Feddan NOI Residence in New Cairo
Kuwaiti real estate developer Urbnlanes Developments has launched its latest residential project, NOI Residence, in New Cairo, spanning over 46 feddans. The project, inspired by Voronoi Architecture and the balance of nature, features a built-up area of 18% and an