News by Country
Published stories attached to Egypt.
106 items
Page 5 of 12
Beltone Asset Management and Amtaar Capital have partnered on a multi-issuance real estate investment fund targeting total issuances of EGP 2 billion, with a first issuance expected to range between EGP 500 million and EGP 700 million.
Egyptian developer Palm Hills Developments plans to break ground in the first quarter of 2027 on a 1.87 million square metre master-planned community in Abu Dhabi as it expands beyond Egypt.
Mostakbal Misr has introduced a tiered framework allowing stalled Red Sea hotel developers to settle land dues, with projects below 20% construction facing seizure and those above 80% exempt from additional fees.
A new Egyptian developer backed by six founders plans to launch four projects in Sheikh Zayed and 6th of October, with a pipeline of investments approaching EGP 10bn.
UAE-backed Arclyn Developments has launched in Egypt with an EGP 20bn investment plan, starting with three projects in the New Administrative Capital and a mixed-use scheme in the MU23 area.
Egyptian developer Madinet Masr has launched ETAJE, a residential and mixed-use project on the last residential plot in its Taj City development in New Cairo, with a targeted sales value of about EGP 6.6bn.
Finance Minister Ahmed Kouchouk says about 2.5 million real estate units and some 1.8 million user accounts are now registered on Egypt's mobile property tax application, as the government offers discounts and dispute settlements to widen compliance.
Grova Developments has appointed Hassan Allam Construction to deliver Grova Westfields in West Cairo under a contract valued at $1 billion, spanning 1.2 million square metres in Sheikh Zayed.
Prime Minister Mostafa Madbouly inspected afforestation works in Cairo on 27 September, where officials reported more than 3,000 trees and nearly 700,000 shrubs and plants already planted under the Greening Cairo plan.