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
Boom Room Madinaty Hosts MENALAC Summit to Boost Leisure Tourism in Egypt
Omar Hisham Talaat, Chairman of the American entertainment company that owns the Boom Room brand, emphasized the importance of hosting the MENALAC Egypt Summit
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Housing Ministry considers utilizing NUCA’s assets
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny held a meeting on Sunday with officials from a company specializing in real estate asset management and institutional development. The meeting aimed to discuss proposals for enhancing performance and maximizing the
Seraj Developments expands in residential projects in New Cairo
Seraj Developments plans to expand in New Cairo by acquiring prime land for residential projects, building a strong track record to support future growth into gated communities. Chairperson Mohamed Omara highlighted the company’s entry into real estate in 2016, with
REITs offer ownership opportunities, investment potential: Developers
Real estate investment trusts (REITs) are crucial as they provide investors with the opportunity to diversify their portfolios and gain exposure to a variety of property assets. They allow for fractional ownership, making property investment accessible to a broader range
HDP launches Westview Residence project in New Zayed
In an endeavour to enhance its leading position in the Egyptian real estate market, the Housing and Development Properties (HDP) company, the investment arm of HDB, announced the launch of the “Westview Residence” residential project in the most prestigious and
NTG Developments unveils ‘The Node’ with EGP 5bn investments in New Cairo
NTG Developments has announced the launch of its newest real estate project, The Node, located in New Cairo, with investments surpassing EGP 5bn. During a press conference, NTG also revealed the signing of strategic partnerships with several prominent collaborators. These
GFH unveils OUTLIVE for health, well-being at Cityscape
GFH Financial Group (GFH) unveiled, on Wednesday, OUTLIVE at Cityscape, a new real estate venture focused on developing master-planned communities and mixed-use projects centered around health and well-being. Operating across the MENA region and Europe, OUTLIVE combines GFH Group’s expertise
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