No slowdown in Egypt’s property market

The real estate market in Egypt is not witnessing a slowdown in the current time, according to Hisham Talat Moustafa, the CEO and managing director of Talaat Moustafa Group Holding. Talaat Moustafa Group has launched that various real estate services during the past period that boosted the sales of the company. He added, on the …

Egypt will deliver 2,048 units to next June

According to Egypt minister of housing, the New Urban Communities Authority (NUCA) will start handing over the first phase of R3 complex at the New Administrative Capital in June. Khaled Abbas, Egyptian assistant minister of housing, said that the units will be fully completed by the end of this year. In addittion, he added that …

Future of non residential real estate in Egypt

The first roundtable in Egypt on non residential real estate will be held on 20 March under the title “Think Commercial” at Nile Ritz Carlton hotel. The event’s subject includes commercial, medical, and administrative real estate. Window and Media Avenue companies will organise the meeting. The talk will see the presence of major real estate …

SODIC plans to deliver 1,151 units in 2019

Sixth of October for Development and Invesment (SODIC) aims to deliver 1,151 units this year at a value EGP 5.154 bilion. The company plans to invest around EGP 5.173 billion across its projects and its subsidiaries’ projects this year. SODIC is looking to seal EGP 7.202 billion contracts in 2019. According to a news in …

Tatweer Misr to EGP 6 billion sales in 2019

The Egypt based- Tatweer Misr is developer real estate. Tatweer Misr aims EGP 6 billion in sales in 2019. The firm has achieved sales of EGP 6.7 billion in 2018, including around EGP 2.3 billion from Il Monte Galala in Ain Sokhna. According to Zawya’s a news, Tatweer Misr was planning to invest around EGP …

Egypt’s investment in real estate reached EGP 80.45bn

According to the Middle East Facility Management Association (MEFMA), the Egyptian real estate sector reached EGP 80.45 billion in the period 2017/2018. In the real estate sector was EGP 55.93 billion during the period of 2016/2017. Moreover, this increase not only opened up the potential in the real estate sector but also in the local …

Oyster Bay offers five-star hotel apartments in Red Sea shore, Marsa Alam,Egypt

Oyster Bay,- located in Marsa Alam,Egypt- ,  is developing into the next big thing on the tourism scene ; an iconic self-sustained vacation destination along the Red Sea’s most pristine shoreline. Oyster Bay promises to turn your vacation into a lifetime memory, with never-ending leisure and fun for every member of your family. And it’s not …