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6th of October City, Sheikh Zayed witness price hikes

  /  January 25, 2015  /  Business  /  No Comments

Current property prices for villas and apartments in Sheikh Zayed have increased to vary between EGP 4,000 to EGP 8,000 per metre. “The variation in prices occurs according to the location of the properties, whether read the rest…

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Misr Real Estate Management seeking to expand in New Cairo, 6th of October projects

  /  January 18, 2015  /  interviews  /  1 Comment

Company plans to market and manage administrative buildings and towers in Road 90, says chairman Mohamed Bassyouni

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Tax authority workers union vows to stop sending notifications until ministry meets demands

  /  January 12, 2015  /  Business  /  No Comments

Real estate tax employees always threaten strikes but do not follow up, says Minister’s real estate tax advisor

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Real estate companies offer new diverse offers to attract clients to face recession

  /  January 11, 2015  /  Business  /  No Comments

Some of small- and medium-sized real estate companies tended towards providing gifts to motivate the client to buy their units.

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Palm Hills to issue over 8m shares on bourse to increase capital

  /  January 7, 2015  /  Business  /  No Comments

Real estate firm aims to increase their capital from EGP 3.5bn to EGP 6bn

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CBE to double mortgage initiative to EGP 20bn by 2015: Minister of Housing

  /  December 23, 2014  /  Business  /  2 Comments

Real estate prices in Egypt will not decrease; solution is to increase income and we need 500,000 housing units annually, says real estate expert

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Regulations for real estate tax law amendments forwarded to State Council

  /  November 30, 2014  /  Business  /  2 Comments

Coordination with the ministries of petroleum, tourism, aviation, transport, and investment to standardise evaluation of real estate assets

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Future of real estate in Egypt a prominent theme in Abu Dhabi investor conference

  /  November 28, 2014  /  Business  /  1 Comment

Egypt is the largest real estate market in the region and its demographics suggest huge potential for growth

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Government needs to reduce bureaucracy to lower costs, increase productivity: Investments head

  /  November 25, 2014  /  interviews  /  No Comments

El-Hatow: Real estate is king and energy requires a special kind of investor

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New phases of Hyde Park and Chill Out Park in the range of EGP 9bn: CEO Dar Mimar Group

  /  November 25, 2014  /  interviews  /  No Comments

Daily News Egypt sat d own with Ayman Ismail, the CEOof Construction and Engineering Company Dar Mimar Group (DMG), to talk about DMG’s performance in the Egyptian market and its future real estate plans What are the read the rest…

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Presidential decision on mortgage support not to address illegal housing: MFF chairman

  /  November 22, 2014  /  Business  /  1 Comment

Decision to support Mortgage Finance Fund’s activities and amended mortgage law would not touch on safeguards for registration of residential real estate

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Agreement signed to begin phase 1 of Arabtec project before year’s end

  /  October 21, 2014  /  Business  /  No Comments

Subsidiaries formed by Arabtec to implement the project, says Ministry of Housing

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Colliers International looks at real estate projects in Egypt: Regional director

  /  September 29, 2014  /  interviews  /  No Comments

Country’s core demographics will always be encouraging factor for investors: Albert

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Egypt begins collecting property tax for 1.5m residential and non-residential units: Finance minister

  /  September 20, 2014  /  Business  /  No Comments

Government steps up actions to implement tax reforms amid efforts to increase resources and reduce budget deficit

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Aqar Map head urges more government cooperation with real estate developers

  /  September 20, 2014  /  interviews  /  No Comments

The website’s online visitors reached one million visitors last month, compared to 300,000 two years ago

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Euromoney Conference: Construction and real estate sectors need better governance: Real estate developers

  /  September 17, 2014  /  Business  /  No Comments

Egypt’s construction and real estate market has growth potential, says real estate company regional director

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Al-Sisi amends Property Tax Law to exempt owning EGP 2m in one unit

  /  August 20, 2014  /  Business  /  No Comments

Amended law says hotels, clubs, hospitals, medical centres and clinics affiliated to the armed forces are exempted from paying taxes

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Businessman, real estate company donates EGP45m to Tahya Masr Fund

  /  August 13, 2014  /  Business  /  1 Comment

Instalments to be paid over the coming years

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New confidence in real estate with increased stability: JLL

  /  August 2, 2014  /  Business  /  No Comments

Strongest performance in the residential sector, with no major changes in office and retail sector, but hotel sector close to worst level of its cycle

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SODIC, CIB sign EGP300m loan for Westown project

  /  July 19, 2014  /  Business  /  No Comments

Project expected to yield around EGP1.3bn, company says

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Real estate facing price jumps on rising building materials costs: Arabia Group chairman

  /  June 15, 2014  /  Business  /  64 Comments

Real estate experts expect price jumps in properties, as government price rises for petroleum push up the cost of building materials

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Real estate owners call amended real estate tax ‘defective’: Economist

  /  June 9, 2014  /  Business  /  116 Comments

Proposed property tax raises concerns over “double taxation”, Alia Al-Mahdi says

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Abraj Misr preparing to go public on EGX in 2015

  /  May 13, 2014  /  Business  /  2 Comments

Real estate company to implement new projects in New Cairo, Heliopolis and north coast region

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Ripplewood deal boosts optimistic expectations for Egyptian real estate market growth

  /  May 13, 2014  /  Business  /  2 Comments

SODIC is one of the largest real estate development companies listed on the Egyptian Stock Exchange, launching projects targeting strata that earn above-average income.

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ECES proposes a programme to encourage the integration of the informal sector in the formal economy

  /  May 13, 2014  /  Business  /  2 Comments

If implemented, ECES projects the programme could contribute to an 8% annual increase in tax revenues

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Latest

Correction: SODIC registers EGP 477m net loss in 2013

  /  April 23, 2014  /  Business  /  No Comments

The Daily News Egypt reported yesterday that real estate company Sixth of October Development and Investment (SODIC) reported a net profit of 229m, however, 2013 actually ended with a net loss of EGP 447m. “The read the rest…

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Latest

Bubble wrapped flats

  /  April 13, 2014  /  Opinion  /  1 Comment

Should investors in the east care about a potential housing bubble in the west?

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Egypt’s real estate prices expected to increase by 15% in 2014

  /  April 12, 2014  /  Business, Economy  /  7 Comments

High demand on property units is partly attributed to climb, says Executive Chairman of Coldwell Banker New Homes

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Egypt’s real estate market to recover in late 2014 and 2015: Jones Lang LaSalle

  /  April 8, 2014  /  Business  /  2 Comments

The international firm attributed the recovery to positive economic moves in Q1 2014

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Minister of Housing seeks partnerships with private companies to revitalise housing sector

  /  April 7, 2014  /  Business  /  2 Comments

Real estate summit Cityscape Egypt launched

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