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The statement indicated that the contract came with the SDM Development and Management Company, which owns two plots in the 10th of Ramadan and Sadat and was signed by Ahmed Sadik El-Sewedy, the company’s managing director.
During Future Real Estate Investments: Opportunities and Challenges roundtable held on Wednesday, Soliman noted that some axes must be addressed before expanding real estate export, such as solving residency problems for foreigners, and the implementation of necessary promotional campaigns in targeted areas.
Magued Sherif, SODIC’s Managing Director said that this positive development paves the way for the launch of the company’s project “The Estates” in the last quarter (Q4) of 2019, with total expected sales exceed EGP 7bn over eight years.
Total investments of projects scheduled for approvals recorded EGP 300bn, says Walid Abbas
16 banks receives plots of land in business district out of 30 banks
Company boosts exports to 92,000 tonnes, says Elbeshbeshy
Member of the housing committee of parliament Mohamed Khalifa said that the lack of information about land in Egypt leads to the loss of resources in the process of providing services for construction, and that the creation of a land pricing law will enhance the process of funding which depends on the availability of information …
Over next 3 years, New Alamein will be among most important tourist destination, says Madbouly
High interest rate environment negatively affected investment in real estate sector
NUCA is forming a committee to follow up on the application of real estate regulations in the new cities
An official at the Egyptian Starch and Glucose Company said that the company decided to sell Tora store’s land, as it is not linked to the factory of the company. This makes it easier for the company to exploit and take advantage of it in order to support the company’s activities and to repay its …
The Ministry of Agriculture announced offering 52 land plots for residential buildings in different areas in Giza up for sale in a public auction organised by the General Authority for Governmental Services for the benefit of the Agrarian Reform Authority. The auction is set to take place at the authority’s headquarters on Tuesday. The ministry …
The factory, which has been inactive since the lands were bought by former Mubarak-era MP Hani Sorour, rests on 43,000 sqm and overlooks El-Temsah Lake and the Suez Canal.
The Ministry of Housing’s policies have rendered the price per square meter to be upwards of EGP 17,000 in some areas such as Fifth Settlement, says MP
The Egyptian state uses the terrorism law to suppress journalists’ coverage of the North Sinai conflict
Area of plots offered ranges between 209sqm and 1,500sqm
The government’s decisions are arbitrary and serve only the investors, says NGO
The conclusion by Albert Schweitzer in his book “Philosophy of Civilisation” is that “moral and social deterioration make renaissance and development impossible”. When negative values such as lying, slander, pretension, exaggeration, and absence of moral scruples or conscience dominate a community with them appear behaviours such as insults, humiliation, idleness, bribes, forgery, and many delinquent …
Saudi investor Kaki expected to arrive in two weeks to settle dispute over Tanta Flax Company
50% of field crops lost annually due to storage and transportation methods: Roshdy
The 20-year usufruct system hinders idea of establishing New Car City, says businessman
The chairman of the Industrial Development Authority (IDA) has revealed details of a package of industrial-zone development projects involving 25m square metres of land. Speaking to Daily News Egypt on the sidelines of the second Egypt Automotive Summit in Cairo on Tuesday, General Ismail Gaber said that a large portion of the land, amounting to …
The law regulates the ownership and property rights of land and real estate in the region
Dispute witnessed violent clashes between farmers and feudal owners
EGP 120m of Alexandria land sale went to REACAP
Parties react to arrest of over 24 farmers claiming ownership to land against a businessman, say police stood with “armed thugs against farmers”
New Upper Egypt cities will have a share in Authority’s development plans
Project’s committee meets weekly to discuss those who transferred down payments, violations of contract conditions