Real Estate
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Madbouly inspects ‘Marina 8’, ‘M8 by the Lake’ and water infrastructure projects in New Alamein
Prime Minister Mostafa Madbouly toured a series of tourism, residential and strategic infrastructure projects at the Marina Tourist Centre and New Alamein City on Tuesday, reviewing progress on Marina 8, M8 by the Lake, the southern lakes water renewal station and the Bo Gaz New Marina coastal tunnel as part of the government’s drive to accelerate development along Egypt’s North…
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MAD unveils hotel project opposite Grand Egyptian Museum as part of expansion strategy
Misr Abu Dhabi for Real Estate Investments (MAD), a real estate investment, asset management, and asset transformation company, has unveiled its growth and expansion strategy, focused on unlocking value across a diversified portfolio of real estate assets. During a press conference, the company announced plans to develop an integrated hospitality project at a strategic location opposite the Grand Egyptian Museum…
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Hisham Talaat Moustafa: TMG to expand hotel portfolio to 40 properties over the next decade
Talaat Moustafa Group (TMG) plans to nearly double its hotel portfolio over the next decade, expanding from around 20 hotels today to between 35 and 40 properties as part of its long-term strategy to diversify revenue streams and strengthen integration between its real estate, hospitality, and entertainment businesses. Speaking during an interview on Al Arabiya Business’s First Class programme, Chief…
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Gulf Egypt plans EGP 20bn mixed-use tourism project in Sharm El Sheikh
Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company (URC), has unveiled plans for a mixed-use tourism and hospitality development in Sharm El Sheikh with investments exceeding EGP 20bn, as part of its expansion strategy in Egypt. The project, announced as the company marks 50 years of operations in the Egyptian market, will span approximately 354,458…
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J Communities launches as parent platform, restructuring New Jersey Developments’ real estate portfolio
J Communities has announced the launch of its operations in Egypt’s real estate market as the parent company of the group, in a restructuring that places the Jamila and Jura projects under its direct management. New Jersey Developments will continue operating as a subsidiary during a transition period. The restructuring is part of the group’s strategy to consolidate its real…
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Empire State Developments targets EGP 5.6bn sales from Upmount at New Capital
Egypt’s real estate market is entering a more selective phase where execution, liquidity management, and disciplined expansion matter more than rapid project launches, according to Mostafa Mohsen, Chairperson of Empire State Developments. Mohsen said the company is focusing on growth and construction progress across all projects while preparing to achieve around EGP 5.6bn in sales from its latest residential project…
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Tatweer Misr launches SALT Marina with EGP 28bn investment in North Coast
Tatweer Misr has unveiled SALT Marina, a mixed-use waterfront development in Egypt’s North Coast, with planned investments of EGP 28bn. The project is part of the company’s broader SALT development, which has total planned investments of EGP 70bn. The company said the wider SALT development targets EGP 100bn in sales, of which EGP 24bn has already been achieved. The launch…
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The First Group and Pulse Developments: Egypt offers one of region’s strongest hospitality investment opportunities
Dubai-based British hospitality developer The First Group has entered the Egyptian market through a strategic partnership with Pulse Developments, launching an integrated hospitality investment platform that marks the company’s first expansion outside the UAE. The partnership will initially deliver three hospitality developments in Sharm El Sheikh comprising more than 3,200 hotel units. In an interview with Daily News Egypt, Nader…
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GOEIC, Property Finder sign agreement to support real estate brokerage regulation
Property Finder Egypt has signed a cooperation protocol with the General Organization for Export and Import Control (GOEIC) to support the licensing and qualification of real estate brokers, ahead of the July 2026 deadline for compliance with Law No. 21 of 2022, which regulates commercial agency and real estate brokerage activities. The law requires all real estate brokers to obtain…
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Gates Developments signs MoU with Siemens to explore smart infrastructure solutions
Gates Developments has signed a memorandum of understanding (MoU) with Siemens Egypt to explore the deployment of smart infrastructure and advanced electrical systems across the company’s current and future real estate projects. The agreement was signed in the presence of Hassan Nasr, CEO of Gates Developments; Mostafa El Bagoury, CEO of Siemens Egypt; Hassan Kamel, Board Member of Gates Developments;…
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