By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    CFI Financial Group aims to expand in 4 new countries during 2023
    CFI Financial Group aims to expand in 4 new countries during 2023
    May 28, 2023
    New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
    New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
    May 28, 2023
    DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
    DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
    May 28, 2023
    Ministers of irrigation, environment participate in AUC’s ‘Act to Zero’ conference
    Ministers of irrigation, environment participate in AUC’s ‘Act to Zero’ conference 
    May 28, 2023
    Egypt hands over presidency of AfDB Group’s Board of Governors to Kenya
    Egypt hands over presidency of AfDB Group’s Board of Governors to Kenya
    May 28, 2023
  • Politics
    PoliticsShow More
    Map of alliances affects second round of Turkish presidential election
    Map of alliances affects second round of Turkish presidential election
    May 28, 2023
    Restoring Sudan's stability will have positive impact on region: Al-Sisi
    Restoring Sudan’s stability will have positive impact on region: Al-Sisi
    May 28, 2023
    Armed clashes occur between Iranian, Afghan border guards
    Armed clashes occur between Iranian, Afghan border guards
    May 27, 2023
    UN warns Yemen's food insecurity remains serious threat
    UN warns Yemen’s food insecurity remains serious threat
    May 27, 2023
    Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
    Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
    May 27, 2023
  • Interviews
    InterviewsShow More
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
    "Al-Asly" series saw my first leading role in TV drama: Reham Abdel Ghafour
    “Al-Asly” series saw my first leading role in TV drama: Reham Abdel Ghafour
    April 16, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Strong presence of Egypt’s real estate developers in MIPIM in Cannes
Share
Notification
Latest News
CFI Financial Group aims to expand in 4 new countries during 2023
CFI Financial Group aims to expand in 4 new countries during 2023
Business
New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
Business
DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
Business
Map of alliances affects second round of Turkish presidential election
Map of alliances affects second round of Turkish presidential election
World Politics
Ministers of irrigation, environment participate in AUC’s ‘Act to Zero’ conference
Ministers of irrigation, environment participate in AUC’s ‘Act to Zero’ conference 
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Real Estate > Strong presence of Egypt’s real estate developers in MIPIM in Cannes
Real Estate

Strong presence of Egypt’s real estate developers in MIPIM in Cannes

Shaimaa Al-Aees
Last updated: 2023/03/20 at 11:46 AM
By Shaimaa Al-Aees 6 Min Read
Share
Strong presence of Egypt’s real estate developers in MIPIM in Cannes
SHARE

Egypt’s participation in MIPIM, the world’s leading real estate market event, is an important marketing opportunity for the urban renaissance that Egypt is experiencing and a strong supporter of the country’s efforts in exporting property.

MIPIM is a 4-day real estate exhibition, conference, and networking event gathering 26,800 international property professionals, in Cannes, France. The exhibition is one of the largest real estate exhibitions in Europe and the world, with more than 50 countries participating in it, and more than 1,000 real estate projects. Besides, more than 5,000 investors, investment funds, and major real estate funds also participate in it. 

Furthermore, the exhibition includes more than 1,300 decision-makers from different countries, which helps sign several agreements in the field of real estate investment, in addition to the largest banks in the world, and the largest companies specialized in real estate investment. 

The four-day event attracts the most influential players from all sectors of the international real estate industry and provides the opportunity to present companies, projects and investment opportunities available to thousands of industry professionals.

The Egyptian participation in the current edition of the exhibition aims to promote and introduce the national projects that Egypt is currently developing, and to provide more investment opportunities and present them to foreign and Arab investors, in order to attract new investments for the local real estate sector. It is the locomotive of development and the main contributor to local products. Around 10 companies from the largest real estate developers in Egypt are participating in MIPIM with a distinguished group of residential and administrative projects as well as hotel and coastal projects. 

Administrative Capital for Urban Development (ACUD) company also participates for the first time in the MIPIM exhibition, which is held annually in Cannes, France, in the presence of Khaled Abbas, Chairman and Managing Director of ACUD.

The Egyptian pavilion will focus on showcasing projects in the Central Business District at New Administrative Capital (NAC), the new Garden City neighborhood, as well as the Central Parks – Green River, in the NAC. Egypt’s participation in this exhibition is also to enhance promotion and marketing efforts for projects in the New Alamein City, such as the beach towers area. , Latin neighborhood, and Heritage City, as well as offering investment opportunities in a number of New Mansoura City projects.

Besides, presenting efforts to develop the existing areas in the ancient cities, as well as promoting projects of cities located within the scope of Greater Cairo, such as the project to develop the Sour Magra Al-Oyoun area and Mamsha Ahl Misr.

With its participation in the exhibition, ACUD seeks to achieve a quantum leap in promoting the NAC and attracting foreign investments, while presenting available opportunities and supporting real estate development companies operating in the city in the process of exporting real estate.

Besides, the real estate companies’ participation in the event aims to showcase their developments, namely GV Investment Group, which participates for the successive second year, to present its industrial city of Tarboul. The city is one of the most attractive investment destinations in the Middle East and North Africa (MENA) region because of its advantages that represent a model of intelligent industrial cities with a focus on sustainable manufacturing in line with the principles of the fourth industrial revolution. The city was designed to combine manufacturing, housing, and green, innovative and sustainable infrastructure.

For its part, Mountain View announced its debut in the Saudi market through a successful partner, namely rejoining forces with Sisban, a leading Saudi investment holding with global subsidiaries in various sectors including the commercial industry during its participation in MIPIM. Through the partnership, Mountain View aims to expand its innovative concepts and fulfill market demands. This is considered the second time Mountain View and Sisban join forces, the two entities partnered back in 2015 in the inauguration of Mountain View iCity, the first human-centric pedestrian city, and are partnering again to launch a new retail experience in KSA.

Similarly, Tatweer Misr has signed a memorandum of understanding with Saudi ministries to discuss investment opportunities in the Kingdom during its participation in MIPIM.

Moreover, Misr Italia Properties (MIP) participates for the first time in MIPIM to showcase investment opportunities highlighting Misr Italia Properties’ diverse portfolio of projects; including hospitality, residential, and commercial components spanning an area of 7.1 million square meters with total investments of $3.5bn.

You Might Also Like

Housing Ministry allocates 250-feddan land plot to Madaar to build Azha North project

Contact Developments launches its 4th project in New Capital, Eval Towers

Infinity Towers completes 55% of construction of its flagship project in New Capital

Egypt’s office and retail sectors see growth in demand despite challenges: Savills

Aaldar affirms its commitment to Egypt, despite halt of SODIC’s unit sales in 2023

TAGGED: MIPIM
Share this Article
Facebook Twitter Email Print
Previous Article Raaed Developments launches ROOTS compound in New Sohag with EGP 1.8bn investment Raaed Developments launches ROOTS compound in New Sohag with EGP 1.8bn investment
Next Article Kuwait's court nullifies 2022 election results, reinstates previous parliament Kuwait’s court nullifies 2022 election results, reinstates previous parliament
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

CFI Financial Group aims to expand in 4 new countries during 2023
CFI Financial Group aims to expand in 4 new countries during 2023
Business
New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
New tax bill does not affect basic goods, presents simplified tax for small enterprises: Maait
Business
DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
DisrupTech Ventures to invest $5m in 4 fintech startups before 2023-end
Business
Map of alliances affects second round of Turkish presidential election
Map of alliances affects second round of Turkish presidential election
World Politics
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?