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Egypt Allocates Over 1 Million sqm for Tourism Projects in Hurghada
Egypt has allocated more than one million square metres across 16 plots in Hurghada for hotel, tourism and entertainment projects expected to add hundreds of hotel rooms.
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Egypt Developer Urges Integrated Real Estate Law, Not Just A Developers' Union
Ahmed Abouzaid, chairman of Uptown 6 October Group, has called for Egypt's draft real estate law to be broadened from a developers' union bill into an integrated framework covering licensing, off-plan sales, escrow accounts and brokerage.
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Beltone and Amtaar Launch EGP 2bn Multi-Issuance Real Estate Fund
Beltone Asset Management and Amtaar Capital have partnered on a multi-issuance real estate investment fund targeting total issuances of EGP 2 billion, with a first issuance expected to range between EGP 500 million and EGP 700 million.
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Egypt's Palm Hills Targets Q1 2027 Start for Abu Dhabi Project
Egyptian developer Palm Hills Developments plans to break ground in the first quarter of 2027 on a 1.87 million square metre master-planned community in Abu Dhabi as it expands beyond Egypt.
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Egypt Offers Red Sea Hotel Developers Discounted Land Settlement Framework
Mostakbal Misr has introduced a tiered framework allowing stalled Red Sea hotel developers to settle land dues, with projects below 20% construction facing seizure and those above 80% exempt from additional fees.
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NEAT Development Enters Egypt's Property Market With EGP 10bn Pipeline
A new Egyptian developer backed by six founders plans to launch four projects in Sheikh Zayed and 6th of October, with a pipeline of investments approaching EGP 10bn.
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Arclyn Developments Enters Egypt With EGP 20bn New Capital Investment Plan
UAE-backed Arclyn Developments has launched in Egypt with an EGP 20bn investment plan, starting with three projects in the New Administrative Capital and a mixed-use scheme in the MU23 area.
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Madinet Masr Launches ETAJE on Final Residential Plot in Taj City
Egyptian developer Madinet Masr has launched ETAJE, a residential and mixed-use project on the last residential plot in its Taj City development in New Cairo, with a targeted sales value of about EGP 6.6bn.
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Egypt's Property Tax App Registers 2.5 Million Units as Government Expands Digital Services
Finance Minister Ahmed Kouchouk says about 2.5 million real estate units and some 1.8 million user accounts are now registered on Egypt's mobile property tax application, as the government offers discounts and dispute settlements to widen compliance.