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real estate

Imdaad expands its regional footprint into Egypt through new joint venture with LMD

Imdaad has officially established a new joint venture with LMD to deliver a full range of world-class Facility Management solutions throughout the whole of Egypt

Fawaz Alhokair Group intends to invest $135M renewable energy project in Egypt

The news comes less than a week after Alhokair family members acquired a 4.99% stake in EFG Hermes’ valU

M squared obtains ministerial approval for project, prepares to start construction works in North Coast

M squared Development has announced obtaining the Ministry of Housing, Utilities and Urban Communities’ approval for its first tourist project, "Masyaf Ras Alhekma

SODIC achieves record EGP 11.36 billion gross contracted sales in 2021

SODIC’s gross profit increased 31% year-on-year (YoY) to reach EGP 2.34 billion in 2021, implying a gross profit margin of 34%, compared to EGP 1.78 billion and a gross profit margin of 32% recorded last year

New opportunities, int. participants and optimism for Cityscape 2022 with Alexander Edwards

Despite inflation and the Egyptian pound’s fluctuation in recent weeks, Exhibition Director of Cityscape Egypt, Alexander Edwards, sees good thing on the horizon, asserting that it has actually created opportunities for international investors to invest in Egypt’s residential, commercial, and industrial properties