real estate
The objective behind this initiative is to create a global financial hub and attract foreign investments, as stated by the sources.
The Ark has unveiled its most significant and first launch to date in New Cairo, with an exceptional location centrally located within the vibrant Fifth Settlement area. This highly anticipated announcement encompasses two flagship projects: CLIFF and EDGE , both on The Ark land.
An Egyptian real estate developer highlighted the successful Turkish experience in exporting real estate abroad, saying that it contributed to the economic renaissance in Turkey during the recent period.
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Heiba’s comments are the first confirmation by an Egyptian official since media outlets began publishing reports last week on the potential sale and development of the area
Egypt’s leading real estate developers earned a collective sales figure exceeding LE 700 billion in 2023, surpassing 2022’s total of LE 332 billion, according to a new report by the Board Consulting
This is in line with Bonyan’s strategy of acquiring trophy commercial real estate assets cementing its position as the leading real estate investment company in Egypt
In 2023, Modon Real Estate Development completes strategic alliances and attains the greatest implementation rates in the Administrative Capital. In 2024, the company grows to include East and West Cairo as well as the North Coast.
This is in line with the government’s efforts to attract foreign currency amid an FX shortage that has impacted several sectors
He added that the authority has set rules focusing on buildings and administrative projects that generate income.
The proposal, developed through collaboration between the cabinet and private sector developers, seeks to attract both Egyptian expats and foreign investors.
Highlighting the group's commitment to Egypt, Al Lami revealed that the total investments made by his group in the country currently amount to $3 billion
ACUD will announce partnership opportunities soon with the private sector to implement projects together in the Administrative Capital
Real estate exchanges are an investment tool for investors or entities to trade ownership of properties for another, this is usually for portfolio adjustments or location optimization
The company was added to TSFE’s Pre-IPO fund earlier this year. According to sources, preparations for the potential IPO have begun but did not disclose further details
The new protocol seeks to facilitate financing options for low and middle-income individuals seeking housing units offered by the Fund
O West, one of Orascom Development’s fully integrated towns in West Cairo, signed a 10-year agreement with Orange Egypt, the leading provider of integrated telecommunications services. This new partnership allows Orange Egypt to provide O West with cutting-edge network services and advanced digital infrastructure, aligning with world technology standards and Egypt's vision 2030 for digital transformation.
Unlocking Possibilities in Real Estate with Touba's Cutting-edge Approach
According to the report, The UAE already invested in 71 real estate projects in Egypt, amounting to $5.6 billion in 2021.
These mechanisms also involve evaluating the economic impact of the idea of establishing a real estate exchange, which will serve as a platform enabling investors and real estate companies to buy and sell stakes in real estate assets and invest in them.
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