ACUD confirms continuity of negotiations with Emaar to acquire 1,500 feddan
Development in 1st phase of Capital being swiftly finalised compared to available time
Shaimaa Al-Aees
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Elite completes EGP 300m sales for developers in 2018
Expected increase in demand for commercial, administrative units in 2019, says Eltabakh
Sorouh earns ministerial consent for Entrada project in New Administrative Capital
Project will include residential buildings on areas ranging from 120 sqm to 220 sqm at prices starting from EGP 8,800 per sqm, with payment installations over periods of up to 10 years
City Edge achieves EGP 11bn sales in 2018
Company concluded EGP 8bn in sales of New Alamein’s skyscrapers
Real estate developers, experts pose more mergers, acquisitions in market in 2019
Entity solider stronger than sole entity; cost of project’s building in ensemble remains cheaper
Africa on path towards resolving economic challenges
It is estimated that by 2030, one in five people will be African. Given the continent’s population size, Africa’s labour force has the potential to prompt the global growth for decades. However, in order to do that, Africans must implement the necessary reforms today. As its population matures, governments, institutions, and organisations need to help …
450,000 annual graduates outside workforce: Population Council representative
Curriculum modernisation being developed by linking curricula to labour market
TFTA to enter into force by end-2019: COMESA secretary-general
COMESA signs MoUs with eight African economic blocs to ratify TFTA, says Kapwepwe
Property developers calls for state mechanism to provide mortgage finance with interest rate commensurate with citizens’ income
Contractors call for fund with 2% interest rate; critical of state’s entry into luxury housing market
First real estate exhibition held in Egyptian embassy in Oman
Initiative achieved positive results, sped up process of promoting Egyptian real estate export: Hegazy
200 companies acquire lands at New Administrative Capital: Abdeen
ACUD is considering offering land in partnership system with developers
First Group plans to achieve EGP 1bn sales in 2019
Company will launch two projects in Ain Sokhna, North Coast next year
Country must reconsider gas consumption system, utilise it on large scale in industry: El-Gabaly
Ministry plans to raise industrial products’ growth rates to 8% by 2020, says Nassar
ACUD chooses three winners to design streets, squares in New Administrative Capital
We welcome any innovative ideas, solutions to develop capital: Abdeen
ACUD in talks with Korean companies on developing Administrative Capital’s CBD
Company confirms suspending negotiations with CFLD, but Chinese embassy says negotiations are progressing smoothly
Hyde Park injects EGP 4bn investments in 2018/19
Company has delivered 480 units in 2018, says Serag
First Group directs EGP 300m in Kazan Plaza mall
Company targets achieving EGP 800m in sales of Kenz compound, says Mostafa
Diarna targets EGP 1bn sales for developers by year-end
Company to establish a new branch office in Dubai next year, says head of projects
Aqar Misr launches its first project in New Administrative Capital on 20 feddans
Project’s target revenues estimated at EGP 2bn, says general manager
Egypt is first Arab country to hold IPS after UAE
Egypt comes at top of countries with highest return on investment in real estate market, says Farghal
Egypt to host AFCAC meetings on 19 December: Nassar
Minister of Trade and Industry, Amr Nassar, announced that Cairo will host the African Civil Aviation Commission (AFCAC) meetings on 19-20 December, which will be preceded by meetings of the concerned technical committees on 17-18 December in the framework of the COMESA airspace integration project. It came during a meeting between Nassar and the Secretary General of COMESA, …
Egypt close to ratify the AfCFTA: Nassar
So far 49 countries signed agreement, some African countries have ratified it, according to minister
Removing tariffs, developing services, main pillars of achieving African common market
Africa accounts for 30% of petroleum production, 9% of world’s water resources, besides wealth in its human resources, 85% of which is youthful
TFTA is unique integration initiative: COMESA Secretary General
Necessary to establish African common markets, especially digital ones, says AU Commissioner
Africa is on threshold of new phase of economic integration: Afreximbank’s President
Afreximbank seeks to achieve common market in Africa for purpose of independence, says Oramah
IATF delivers message Africa ready for economic cooperation in all fields: Madbouly
AU considers all agreements that can enable Africa to achieve progress: AU Commissioner
Egypt’s wood industry has potential to export to US, Europe, Africa
WoodShow achieved EGP 1bn deals, sales
Real estate companies target new customers, support property exports by participating in foreign exhibitions
Sorouh, La Mirada, MBG, Sky Bridge, Valori Real Estate, most prominent participants
Al Sedek Real Estate studies business launch in New Administrative Capital
Current company’s investments exceed EGP 600m
Yafa Mac delivers 600 units of Emirates Heights in current year
Company plans to complete delivery of project’s remaining units during 2019, says Haggar