Company’s project portfolio reaches 9,666 real estate units in various governorates
Latest by Shaimaa Al-Aees
Bosla projects attract investments of up to EGP 2.4bn, says Shoirah
MSMEs are the backbone of MENA economies, comprising nearly 90% of private firms and playing a pivotal role in the creation of dynamic, competitive, and inclusive economies and jobs, according to International Finance Corporation (IFC’s) press statement on Tuesday.
Company eyes EGP 8bn sales this year, says chairperson
Company launches Capital One project in new capital with EGP 2bn investments
Ahmed Sammakia, general manager and owner of Embrator, said that the alliance would include companies of Embrator, Hobby, Junior, Vanilla, Cole, Milk, Daadouch, leBebé, Burel, Marco Lorie, and Mellon.
The luxury compound has a 30,000-sqm private beach in Ain Sokhna and will be built over seven years in four phases. The first phase is set to be delivered in 2024, Mokhtar noted.
Seeing as extensive local knowledge and precise market analysis is foremost the focus of tourism property development, and our set of hand-picked experts assure this support and guidance to each and every client, he explained.
The Bank has provided more than €50bn for energy investment worldwide over the last 5 years
Mahmoud Al-Adl chairperson of MBG, owner of Pukka project in New Administrative Capital, said, “The project has received great acceptance by foreigners during the last period by offering them in various European and Arab countries. The company gets the lion’s share of foreign sales in the New Administrative Capital.”
The company launched the project’s third phase, says managing director
Real Estate Development Chamber to form a committee for property export, says chamber deputy head
The ministry will use this event to promote the investment opportunities in 14 fourth-generation cities.
It is scheduled to begin delivery of the units during 2020 and opening in March 2021
EGP 600m in pre-sales for exhibitors at the IPS Riyadh
Company has achieved EGP 1bn in sales for administrative and commercial projects
ZED Park sets a new definition to park entertainment with the launch of “Zed Park Presents”.
Company to launch new online selling platform
Sawiris has told Daily News Egypt that the company does not plan to expand in Sheikh Zayed, Giza, adding that the company is focusing on developing the ZED project in Sheikh Zayed, and that “We are proud of what we have done in the project, and it will include various housing categories.”
300 Egyptian exhibitors are expected to participate in the Wire Düsseldorf, says AHK CEO
Both companies will work together to deliver geographically tailored payment experiences and quick go-to-market solutions for fintechs
Moreover, the most prominent issues the market faced last year was liquidity and low purchasing power. Real estate stakeholders expect that it will be one of the challenges that will face the market in the new year due to high prices of services with fixed wages.
On the sidelines of the signing agreement’s press conference with Orange Egypt, which finalised the establishment and operation of the Administrative Capital data centre on Monday, Abdel Latif noted that the company is still receiving requests from foreign and local companies to obtain the rest of the lands in the first phase of the project, which amounts to 6,500 feddan, and the company is studying serious offers from them.
Boulos pointed out that the built-in area percentage in the project is 18%, less than the allowed 22.5%. The project also includes services such as a mall, an administrative building, and large green space and landscapes.
Last year, Sharjah returned 345 Egyptian historical artifacts to Egypt.
Company completed master planning of North Coast’s Ras El Hekma
Al-Arabi said that the FEDCOC coordinates with the Federation of Egyptian Industries (FEI) to encourage producers and importers to provide sufficient quantities of initiatives to meet needs of Egyptian market at discounted prices.
Abbas told Daily News Egypt that there was no specific land allocated for the fund as of yet, but the ministry provides them with investment opportunities and technical support for real estate projects.
The boost is supported by four main elements, the launch of the Central Bank of Egypt (CBE) for the real estate financing initiative for middle income of EGP 50bn, the fall in the price of the dollar against the Egyptian pound, the raising of the credit limit, and payment facilities made by real estate developers.
Total investments of the company during the past years reached EGP 5bn, says chairperson