UAE - Mubasher: Sharjah has registered 40,346 real estate transactions worth AED 12.2 billion during the first half (H1) of 2021, up 40.5% from the same period of 2020, according to the Emirates News Agency (WAM). The total area covered in sales …
Cairo - Mubasher: Elsaeed Contracting and Real Estate Investment Company has been awarded two new contracting projects with a combined value of EGP 168.4 million. The contracts include the establishment of a service-administrative building in …
By: Abdullah Bedeir Cairo - Mubasher: Akam Developments plans to invest EGP 1.22 billion in two projects in the New Administrative Capital by the end of 2021. So far, the property developer has achieved EGP 5 billion in sales from its projects …
Cairo – Mubasher: The board of directors of the Egyptian Financial Regulatory Authority (FRA) approved the draft amendments to some provisions of the mortgage finance law no. 148 of 2001. These amendments are aimed at addressing some challenges …
UAE – Mubasher: Dubai has registered 6,388 sales transactions valued at AED 14.79 billion in its real estate sector during June 2021, marking the highest in value since December 2013. Dubai's sales transactions are 44.33% higher in terms of volume …
Cairo - Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request by the UAE’s Aldar Properties to extend the deadline for submitting a mandatory tender offer (MTO) to fully acquire Six of October Development and Investment …
Cairo - Mubasher: Giza General Contracting and Real Estate Investment Company has received a preliminary award letter for its alliance with a contracting firm to implement infrastructure works in Sheikh Zayed City. The initial value of the …
Cairo - Mubasher: Heliopolis Company for Housing and Development has postponed the date for submitting technical and financial offers for the development of Heliopark project to 10 August instead of 27 July, according to a bourse disclosure on …
Cairo - Mubasher: Sixth of October Development and Investment Company (SODIC) has received a letter from the Ministry of Housing, Utilities, and Urban Communities regarding the 500-acre land plot in New Zayed. The land plot, currently being …
Riyadh – Mubasher: Saudi Ceramic Company has signed an agreement on 14 July to purchase a land plot for SAR 55.9 million, excluding real estate tax. The asset spans an area of 111,827 square metres and is located in the new industrial area in …
By: Abdullah Bedeir Cairo - Mubasher: Egypt has made EGP 10 billion available for developing governorate capitals and major cities as part of the EGP 300 billion allocated for the "Housing for all Egyptians" initiative, the Executive Director of …
By: Abdullah Bedeir Cairo - Mubasher: Nile Developments aims to invest EGP 1.5 billion in a new project in the New Administration Capital's (NAC) Downtown area. The project, scheduled for completion in four years, will feature 1,000 hospitality …
Cairo - Mubasher: The Egyptian government has partnered with private-sector real estate developers in 18 projects over a total area of about 19,250 feddans and with investments of EGP 965 billion in the last six years, Minister of Housing Assem …
By: Abdullah Bedeir Cairo - Mubasher: Egypt has raised the allocated amount for developing governorate capitals and major cities to EGP 300 billion from EGP 250 billion as part of the "Housing for all Egyptians" initiative, the Executive Director …
Riyadh – Mubasher: Deer Real Estate Company, a subsidiary of Mohammed Hassan Al Naqool Sons Company, has obtained a certificate from the Developers Services Center (Etmam), affiliated to the Ministry of Municipal and Rural Affairs and Housing. The …
Cairo - Mubasher: The Central Bank of Egypt (CBE) has launched a mortgage finance initiative, allocating EGP 100 billion for financing housing units for low- and middle-income earners. Under the initiative, banks and mortgage finance companies …
Cairo - Mubasher: The Egyptian Resorts Co responded to news reports about the government's withdrawal of 2 million square metres (sqm) of land from non-serious tourism companies in the city of Marsa Alam. The company said that it has not received …
Cairo - Mubasher: The UAE's Al Qamzi Developments plans to inject EGP 14 billion worth of investments in the Egyptian market over a period of four years. The property developer will launch two projects in New Cairo and North Coast as part of …
By: Abdullah Bedeir Cairo - Mubasher: The MarQ Developments purchased a 20-feddan land plot in New Cairo from Development and Engineering Consultants Co (TAMEER) to build its latest project named The WaterMarQ with investments of EGP 2 billion. …
Cairo - Mubasher: City Edge Developments signed a cooperation protocol with Credit Agricole-Egypt as part of the mortgage finance initiative launched by the Central Bank of Egypt (CBE). Under the protocol, the bank will finance real estate units …
By: Abdullah Bedeir Cairo - Mubasher: Jumeirah Egypt aims to invest EGP 7 billion in a new project in the North Coast over an area of 112 feddans (470,000 square metres). The project will feature 732 units, an international hotel, and a …
Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has purchased a land plot for a total value of SAR 15.87 million in Al Malqa district, according to a bourse filing on Monday. The asset, which is located in Riyadh and spans an area of …
Cairo - Mubasher: Zodiac Development revealed that its investments in the market reached EGP 5 billion, with plans to be increased in the first quarter (Q1) of 2022. The company is investing EGP 400 million in a new project in the New …
Cairo - Mubasher: Talaat Moustafa Group Holding (TMG Holding) has generated record sales of EGP 15 billion from its recently-launched Noor City project in east Cairo in three weeks. During the first half (H1) of 2021, TMG Holding achieved sales …
Abu Dhabi – Mubasher: Aldar Properties has inked an agreement with HSBC to secure an innovative five-year term sustainability-linked loan worth AED 300 million. The property developer becomes the first real estate company in the Middle East and …
