Shaimaa Al-Aees

1370 Articles

Advertising Area







Latest by Shaimaa Al-Aees


MREC, Amaco agree to export real estate, promote Egypt-Saudi cooperation

MREC for Integrated Real Estate Services and Saudi Amaco has signed a strategic agreement to promote and organise conferences and exhibitions. The agreement stipulated promoting WAFIEX 2019 exhibition for selling off-plan real estate projects, which will kick off in Saudi Arabia from 9 to 11 March. WAFIEX will be held under the patronage of the …

Shaimaa Al-Aees

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh, and Alexandria saw an average revenue per available rooms (RevPAR) growth of 42% in 2018 compared to 2017, according to Colliers International’s MENA Hotel Forecast for 2019. Colliers said that Egypt’s hotels RevPAR growth is driven by both average daily rates (ADR) and …

Shaimaa Al-Aees

Wadi Degla embarks on Promenade Maadi with investments of EGP 350m 

Wadi Degla Developments has commenced work on new luxury residential compound, Promenade Maadi, in a prime uphill location in Zahraa El Maadi in front of Wadi Degla SC. Maged Helmy, chairperson and CEO of Wadi Degla Holding, said in press statement that Promenade Maadi, to be built on an area of 34,000 sqm, will have 300 …

Shaimaa Al-Aees

Tameer plans to complete marketing of Azad New Cairo in H1 of 2019

Tameer plans to complete marketing of its Azad project by the end of the first half (H1) of 2019 with targeted sales of EGP 1.7bn, according to Tameer’s Managing Director, Antoine El Khoury. El Khoury told Daily News Egypt that the company has managed to complete the marketing of about 65% of the total project. …

Shaimaa Al-Aees

Hassan Allam to implement HAPTOWN in Q2 of 2019

Hassan Allam Properties (HAP) has begun the earthworks of the first phase of its HAPTOWN project in Mostakbal City, while the construction works will start in April, according to CEO of Hassan Allam Holding, Hassan Allam. Allam told Daily News Egypt that the company aims to inject EGP 20bn of investments in the project, which …

Shaimaa Al-Aees

ECS to organise trade mission to Uganda in March

The Egyptian Commercial Service Office (ECS) plans to organise a trade mission to Uganda in March, according to Ahmed Antar, head of the ECS. Antar told Daily News Egypt that the ECS is organising several trade missions during the current year including to Kazakhstan and Turkmenistan. Furthermore, Antar elaborated that the trade missions will include engineering …

Shaimaa Al-Aees

Egypt, Germany, sign joint document to promote economic partnership between two countries

Egypt and Germany have signed a joint document to promote an economic partnership between the two countries in the areas of industry and trade policies, investment, energy, environment, transport, infrastructure and tourism. During 5th Egyptian -German Committee and Economic Forum held in Cairo on Monday by German-Arab Chamber of Industry and Commerce-AHK, Egypt’s Trade and …

Shaimaa Al-Aees