real estate

Egypt’s Palm Hills posts 2015 Q4 profit of $26 million
Business

Egypt’s Palm Hills posts 2015 Q4 profit of $26 million

Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 percent rise in fourth-quarter net profits to LE203.5…
Egypt’s real estate rents and sales up from 2014 despite weakening pound
Business

Egypt’s real estate rents and sales up from 2014 despite weakening pound

Rentals and sale prices in Egypt’s real estate market are up despite the declining value of the Egyptian currency against…
Funding of real estate projects increased by 82% in 2015: EFSA head
Economy

Funding of real estate projects increased by 82% in 2015: EFSA head

The funding provided for real estate projects since the beginning of January 2015 until the end of August increased by…
Expert: Real estate tax law takes social justice into account
Economy

Expert: Real estate tax law takes social justice into account

Chairman of the Committee for Real Estate Property Tax at the French Chamber of Commerce Amr al-Monier said the real…
Real estate investments up 30% in Q1/2015
Business

Real estate investments up 30% in Q1/2015

Real estate investments in Egypt have increased by 30 percent in the first quarter of this year, according to Ibrahim…
Expert to lecture on housing crisis
Egypt

Expert to lecture on housing crisis

The Netherlands-Flemish Institute in Cairo is organizing a lecture May 21 on Egypt’s housing crisis in light of the excess…
Official: Real estate projects funding in first quarter of 2015 reached LE270 million
Business

Official: Real estate projects funding in first quarter of 2015 reached LE270 million

Chairman of the Egyptian Financial Supervisory Authority (EFSA) Sherief Samy said in a statement on Sunday, that the funding provided…
Contractors association demand overhaul of real estate sector
Economy

Contractors association demand overhaul of real estate sector

Egyptian Contractors Association has urged an overhaul of laws regulating the real estate sector, in order to amend the public…
State commissioners recommend canceling Talaat Mostafa contract
Egypt

State commissioners recommend canceling Talaat Mostafa contract

State commissioners from the State Council's Administrative Court recommended invalidating a contract allocating 3 million square meters of land in…
Former housing minister to be retried in illegal land acquisition case
Egypt

Former housing minister to be retried in illegal land acquisition case

The Court of Cassation on Tuesday accepted a court appeal filed by former Housing Minister Ahmed al-Maghrabi against a ruling…
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