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
NAIA Developments announces Alana expansion in New Sheikh Zayed
NAIA Developments has launched a new phase, Alana, within its NAIA WEST project in New Sheikh Zayed City. Alana includes a variety of unit sizes ranging from 135 to 175 sqm, with a total of 496 residential units. It also
TMG hits EGP 470bn in sales, outpacing top 9 competitors combined: Hisham Talaat Moustafa
Talaat Moustafa Group (TMG) has achieved record sales, generating EGP 470bn in revenue since the beginning of 2024, according to CEO Hisham Talaat Moustafa. This figure surpasses the combined sales of the top nine real estate companies in Egypt, solidifying
Boosting Egypt’s real estate quality needs foreign investment: Stakeholders
Ahmed Sabbour, Chairperson of Al Ahly Sabbour Developments, highlighted the importance of attracting foreign investment to enhance the quality of Egypt’s real estate sector, praising Emaar’s experience as a model to follow, having entered the market twenty years ago.
Madinet Masr sales hit EGP 36.7bn in 9M 2024
Madinet Masr, one of Egypt’s leading real estate developers, reported a strong performance during the first nine months of 2024, achieving a significant leap in sales, achieving a total nominal value of EGP 36.7bn. These figures underscore the company’s growing
ACUD hosts Japan’s Titan Capital to discuss investment opportunities in Egypt’s NAC
Chairperson and Managing Director of Administrative Capital for Urban Development (ACUD), Khaled Abbas, met with Japanese Titan Capital’s owner Kanazawa Yukio and Chairperson Niwa Koshiro, along with members of their investment alliance, which includes 15 of Japan’s top companies. The
Q Developments unveils new project in New Zayed
Q Developments announced the launch of its first project in west Cairo, Q Hills located in New Zayed City, on 24 feddans directly on the Dabaa axis, minutes away from Sheikh Zayed City and Sphinx International Airport, west of Cairo.