Tawasul
Mubasher TV
Contact Us Advertising   العربية

Real estate

Photo Archive
2 hours ago Shareholder buys over 265K shares in Arab for Development
Cairo – Mubasher: Shareholder Omar Abdel Aziz Attia Baraka has increased his ownership in Arab for Development and Real Estate Investment (ADRI) to 10.09% from 9.64% for a value totalling EGP 408,437. The shareholder bought 265,188 shares in Arab …
Photo Archive
2 hours ago Urbnlanes plans to raise investments in Egypt to EGP 24bn
Cairo – Mubasher: Urbnlanes Development, a subsidiary of Emeel Abdalla Investments, plans to increase its investments in Egypt to EGP 24 billion during 2023. So far, Urbnlanes’ investments in Egypt amount to EGP 11 billion distributed on 3 …
Photo Gallery
6 December 10:44 AM The Land Developers targets EGP 500m investment in Red Sea project
By: Abdullah Bedair Cairo - Mubasher: The Land Developers (TLD) plans to invest EGP 500 million in a residential project in Red Sea Governorate’s Sahl Hasheesh. The project spans 10.70 feddans (45,000 square metres) and includes 85 villas and 60 …
Photo Archive
5 December 04:32 PM Alinma Investment reduces stake in El-Ebour for Real Estate
Cairo - Mubasher: Alinma Investment Co has cut its stake in El-Ebour Co. for Real Estate Investment to 9.30% from 10.27% for a total value of EGP 1.59 million. Alinma has sold 169,599 shares in El-Ebour Real Estate at a share price averaging EGP …
Photo Archive
5 December 11:00 AM Marseilia’s shareholders approve stock split
Cairo - Mubasher: The extraordinary general meeting (EGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment unanimously approved splitting the share’s nominal value to EGP 0.50 from EGP 1 during a meeting on 4 December 2022. This brings …
Photo Gallery
30 November 10:26 AM ZāZEN Properties reports over 8K sales transactions of AED 25.8bn in October
Dubai – Mubasher: ZāZEN Properties will launch sales for its newest project, ZāZEN Gardens, next week. High demand for off-plan real estate projects spurred 130% growth in Dubai’s preconstruction segment over this year's first half (H1). …
Photo Archive
29 November 08:21 PM Aldar teams up with Nobu Hospitality for Al Saadiyat project
Abu Dhabi – Mubasher: Aldar Properties has entered into an exclusive partnership with Nobu Hospitality to develop a new luxury hotel and branded residences to boost Aldar’s Mamsha Al Saadiyat. Under the collaboration agreement, Aldar will …
Photo Archive
29 November 04:48 PM Emaar The Economic City unveils SAR 359m sale deal
Riyadh – Mubasher: Emaar The Economic City sold an industrial land plot to CEER National Automotive Company at a total value of SAR 359.03 million to be paid over 15 years. CEER, the first Saudi electric vehicle brand, will establish and operate a …
Photo Gallery
29 November 02:35 PM Eagle Hills unveils $2.5bn investment overseas
Abu Dhabi – Mubasher: UAE global property developer Eagle Hills has launched $2.50 billion Durrës Yachts & Marina, the largest-ever super yachts marina in the Mediterranean.  Situated in the ancient city of Durrës, the Durrës Yachts & Marina is …
Photo Archive
29 November 12:27 PM Al Baha Investment’s subsidiary buys SAR 65m asset in Riyadh
Riyadh – Mubasher: Ishraqh Regional Real Estate Development and Investment Company, owned by Al Baha Investment and Development Company, has purchased a commercial complex, showrooms, and offices for SAR 65 million, excluding real estate tax. The …
Photo Archive
29 November 12:24 PM Ash-Sharqiyah Development receives regulatory nod for capital raise
Riyadh – Mubasher: The Capital Market Authority has approved, on 28 November, Ash-Sharqiyah Development Company's request to increase its capital by SAR 225 million through a rights issue. Ash-Sharqiyah Development’s capital currently stands at …
Photo Gallery
29 November 12:21 PM ROSHN partners with Dar Al Arkan for SEDRA project
Riyadh – Mubasher: Dar Alarkan Real Estate Development Company was awarded a contract from ROSHN to develop residential units in SEDRA project in Northern Riyadh. The collaboration aligns with ROSHN’s strategic partnerships with other global …
Photo Archive
27 November 02:12 PM Flat6labs, Dar, SIAC launch Makers to support ConTech startups across Egypt
Cairo – Mubasher: Egypt-based early-stage VC and accelerator Flat6Labs has launched Makers, a construction-tech Innovation Programme to foster startups operating in the construction technology (ConTech) solutions in Egypt. Makers was launched in …
Photo Archive
24 November 03:23 PM Egyptians for Housing signs EGP 40m leasing contracts
Cairo – Mubasher: Egyptians for Housing and Development Co has signed a five-year leasing contract with Huawei Technologies (Egypt) for a fully-finished one-and-a-half floor spanning 3,420 square meters.   The rental value will hike by 8% annually …
Photo Archive
24 November 01:40 PM Sumou Holdings eyes stake in Egyptians for Housing’s unit
Cairo – Mubasher: Egyptians for Housing and Development Co has received an offer from Saudi Arabia’s Sumou Holding to acquire part of the company’s stake in Egyptians for Real Estate Investment Fund (EGREF) for EGP 29.15 million. Through the …
Photo Archive
24 November 01:12 PM El-Ebour Real Estate’s board nods to capital hike
Cairo - Mubasher: The board of directors of El-Ebour Co. for Real Estate Investment approved unanimously raising the company’s issued capital to EGP 200 million from EGP 88.14 million.  The EGP 111.85 million capital raise will be distributed …
Photo Archive
24 November 12:24 PM Orascom Construction’s profits slide 17% in 9M-22
Cairo – Mubasher: The consolidated profits of Orascom Construction Plc retreated by 16.62% during the first nine months (9M) of 2022 to net $70.20 million from $84.20 million. Revenues of the EGX-listed firm grew to $3.05 billion during 9M-22, …
Photo Archive
24 November 09:27 AM Tatweer Misr receives EGP 400m loan from CIB
Cairo – Mubasher: Tatweer Misr has obtained financing worth EGP 400 million from the Commercial International Bank-Egypt (CIB) against units of the Fouka Bay project’s handover.  The real estate developer will use the funding to speed up the …
Photo Archive
23 November 04:28 PM Saudi Al Ramz unveils price range for IPO on Nomu
Riyadh - Mubasher: Al Ramz Real Estate Company set the price range for its initial public offering (IPO) on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) at SAR 61–67 per share. The final IPO price will be determined after the bidding …
Photo Archive
23 November 04:18 PM MNHD awarded fastest growing real estate company in Egypt 2022 by IBM
Cairo – Mubasher: Madinet Nasr Housing and Development (MNHD) has won the “Fastest Growing Real Estate Company in Egypt 2022” from the International Business Magazine (IBM) Awards, Dubai. The nomination and award-winning process involved a …
Photo Archive
23 November 02:59 PM UAE’s Fincasa Capital pledges up to AED 280m for property sector in 2023
UAE – Mubasher: Dubai-based investment firm Fincasa Capital plans to earmark around AED 280 million for the real estate sector during 2023 through its company Star Runner Property. The planned amount marks a significant leap from Fincasa Capital’s …
Photo Archive
23 November 02:53 PM Sumou Real Estate unveils SAR 377m project with National Housing
Riyadh – Mubasher: Sumou Real Estate Company announced a SAR 377 million development project with the National Housing Company on an area of 88,569 square metres, according to a bourse disclosure. Located in Makkah, residential units will be built …
Photo Archive
23 November 02:50 PM NRPD’s EGM approves capital cut, increase
Cairo – Mubasher: The extraordinary general meeting (EGM) of the National Real Estate Bank for Development (NRPD) approved reducing the company’s issued capital to EGP 1.04 million from EGP 52.03 million. The capital cut will reduce the share’s …
Photo Archive
23 November 02:37 PM Target raises stake in Lecico Egypt for EGP 8.47/shr
Cairo – Mubasher: Target for Real Estate Investment, Development, Agricultural Reclamation, and Tourism Development has raised its stake in Lecico Egypt to 1.33% from 0.48% for EGP 8.68 million. Target purchased 1.02 million shares in Lecico at an …
Photo Archive
23 November 02:15 PM Sumou Real Estate raises facility limit from Riyad Bank to SAR 286m
Riyadh – Mubasher: Sumou Real Estate Company penned a Sharia-compliant facility agreement with Riyad Bank to increase its loan limit to SAR 286 million from SAR 50 million. The firm will use the funding to issue letters of guarantee, according to …