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  • Markets of Egypt and other developing countries are offering great opportunities for property technology

    Developing countries are increasingly applying data and software to revolutionize real estate markets, optimize processes, and satisfy the needs of young people and enterprises. Property technology makes it possible to make commercial transactions with residential, retail, and office premises more efficiently and at more equitable terms. These...

  • Egyptian real estate sector is growing at rapid rates

    The real estate sector in Egypt remains a reliable investment destination, as economic challenges and growing prices are looming on the horizon. Such investment has long been an integral part of the Egyptian culture and now, under the circumstances of unprecedented inflation, it has proven its benefits again compared to, say, gold or certificates...

  • Arabisk Development is planning to build three projects in El Shorouk, a suburb of Cairo

    According to Invest-Gate, Arabisk Real Estate Development is planning the construction of three projects with a system of guaranteed rental income in different districts of El Shorouk. El Shorouk is an emerging suburb located to the northeast of Cairo and to the north of New Cairo. This is one of the innovative cities of the “third...

  • Egypt and Nigeria signed deals worth $30 million

    The first Nigeria-Egypt Trade Conference and Exhibition has finished in Cairo. At the closing ceremony, companies from both countries signed partnership agreements for the amount of $30 million. El Sharkawi, Chairman, Egypt African Businessmen’s Association, noted in his statement issued on September 14 that six companies from these two...

  • The Ark Development is entering the Egyptian real estate market by making an EGP 30 billion investment

    The Ark Development was founded by several groups with extensive and diverse experience in real estate, construction, technologies, pharmaceuticals, hospitality industry, and car-building. It has recently announced the start of operations in the Egyptian real estate market. The company is going to invest up to EGP 30 billion in the first project...

  • Fitch says commercial real estate in Egypt remains a high-return investment option

    The report on Egyptian real estate for the second quarter of 2022 from the analytical agency Fitch Solutions says that this type of investment still yields very high returns, which is great news for direct foreign investment. According to Fitch, the power of this sector and the general situation there encourage investment, as 20 new cities are...

  • Developer Memaar Al-Ashraaf entered into a contract with Etqan consulting firm to launch development projects in New Cairo

    The Egyptian developer Memaar Al-Ashraaf signed a contract with Etqan Business Development, a firm that specializes in marketing and financial consulting, to launch multifunctional commercial property projects in New Cairo in the last quarter of 2022. This step is a part of the company’s strategy of expanding in the Egyptian market and...