Monthly Archives: June, 2021

Hear Ye Hear Ye!! Big Real Estate News in the market! As part of the company's growth strategy in-line with the marketing...

During the fiscal year 2021/2022, LE25 billion was allocated from the New Urban Community Authority for projects in New al-Alamein, starting in...

Egypt's Al Ahly Sabbour has begun construction on the second phase of its 5-billion-Egyptian-pound ($319-million) Keeva project, which includes 200 villas. Additionally,...

According to the company's financial statements filed with the Egyptian Exchange, Emaar Misr for Development (EMFD) reported a consolidated net profit of EGP 529.120 million in quarter one (Q1) 2021. When compared to EGP 247.561 million in Q1 2020, this represented a 114 percent year on year (YoY) increase. In Q1 2021, standalone net profit was EGP 529.120 million, up 114 percent from EGP 247.561 million in the previous year. According to Emaar's founder, Mohamed Alabbar, the company plans to double its Egypt operations to 30 percent of its overall business. Emaar Misr was founded in 2007 and is involved in real estate development. It manages business...

City Edge Developments (CED) and Sky Investments have signed a memorandum of understanding (MoU) for the latter to participate in the marketing,...