Real estates

Delegations from the Administrative Capital for Urban Development (ACUD) and Mastercard met to discuss the latest developments in the latter’s project in the New Administrative Capital (NAC) .
Read More...

Six of October Development and Investment (SODIC) has hired EFG Hermes along with an international investment bank as financial advisors to study the preliminary acquisition offer submitted by an…
Read More...

Occupancy rates at hotels across Egypt averaged between 40-45% in 1Q2021, but have been growing m-o-m as international travel picks up ever so slowly, Reuters reported, citing an unnamed Tourism…
Read More...

Egypt’s hotel market may see occupancy rates of between 35-61 percent in 2021, according to Colliers International’s latest Middle East and North Africa (MENA) Hotels Forecast.
Read More...

Orascom Construction Plc reported a 5.9 percent year-on-year growth in consolidated revenue to $3.37 billion in 2020 from $3.18 billion in 2019.
Read More...

Egypt’s Samcrete Engineers and Contractors (SMCS) has signed binding agreements to establish two new road projects in Congo with total worth of $350 million, in addition, it is studying the…
Read More...

The upcoming Real Gate Conference and Exhibition is set to present unmatched offers on more than 150 real estate projects in Egypt, when the event takes place on 25-27 March.
Read More...

Porto Group will spend some 20 billion Egyptian pounds at three new residential projects, Golf Porto Cairo, Porto Assiut and Porto Agadir, as part of the company’s restructuring plan launched last…
Read More...

Aldar Properties, a real estate development, management and investment company with headquarters in Abu Dhabi has submitted a preliminary non-binding offer to capture a majority stake in the Egyptian…
Read More...

Watan Developments plans to invest about 5 billion Egyptian pounds in commercial projects in the New Administrative Capital by 2025.
Read More...