Aqar Exit Launches in Egypt to Help Distressed Property Buyers
New Egyptian platform Aqar Exit connects property buyers facing financial difficulty with new buyers at existing contract prices, attracting over 15,000 users in its first week.
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New Egyptian platform Aqar Exit connects property buyers facing financial difficulty with new buyers at existing contract prices, attracting over 15,000 users in its first week.
Saudi investment fund Asl Holding has acquired Alkayan Technical Alarabia and Zurich Developments, adding seven projects to its Egyptian real estate portfolio.
The National Bank of Egypt and Banque Misr have arranged an EGP 8 billion syndicated facility to finance part of the investment cost of Palm Hills Developments' New Cairo project.
Egypt's ten largest real estate developers recorded combined sales of about EGP 670bn in the first half of 2026, up 2.9% year on year, even as the number of units sold declined.
Egypt's planned Forbes International Tower in the New Capital Central Business District is targeting net-zero carbon emissions by 2030 and LEED Platinum certification, with the Ministry of Local Development and Environment reviewing sustainability plans for the development.
One of Egypt's biggest mixed-use developments just secured a major new partner. The $3.1 billion project will reshape a fast-growing district with thousands of homes, hotels and commercial spaces.
Egypt is considering a powerful new body to regulate real estate developers and clean up the sector. Officials say the move could reshape transparency, investor confidence, and project accountability nationwide.