News by Country
Published stories attached to Egypt.
106 items
Page 10 of 12
M squared, the real estate arm of Intro Holding, announced that its Masyaf Ras Al Hekma destination has reached approximately 41% overall construction completion, with phase one on track for delivery by the end of 2027 and total sales reaching 70% of the project's inventory.
Nawy Now, the mortgage arm of Egyptian real estate platform Nawy, has offloaded EGP 633 million of mortgages to an investment fund in its second issuance, freeing up balance-sheet capacity.
Egypt's Housing Ministry will accept applications from September 20 for 25,000 housing units offered under rental and rent-to-own schemes, targeting low-income citizens and young couples.
Egypt is preparing a dedicated law to regulate the real estate development market and will submit it to the House of Representatives as soon as possible, Prime Minister Mostafa Madbouly said, amid a government push to protect buyers and developers.
The International Finance Corporation is considering an equity investment in Nawy, the Egyptian property technology platform, building on its backing of Morocco's Yakeey as institutional interest in digitising North Africa's real estate markets grows.
Egypt's Prime Minister Mostafa Madbouly has directed officials to compile a list of stalled real estate projects as part of a drive to regulate the market.
Misr Italia Properties' Solare Ras El Hekma, a 400-feddan destination on Egypt's North Coast representing about EGP 58.5bn in investments, is shifting coastal development from seasonal residential communities to fully integrated destinations.
Al Naser Developments has signed an agreement with Radisson Hotel Group to manage the hotel component of its latest project in Egypt's New Administrative Capital, marking Radisson's first presence there.
Average annual rent for a high-end two-bedroom apartment exceeds $40,000 in Abidjan, Africa’s most expensive rental market, according to a Fortren & Company report.