News by Country
Published stories attached to Egypt.
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Grova Developments has appointed Hassan Allam Construction to deliver Grova Westfields in West Cairo under a contract valued at $1 billion, spanning 1.2 million square metres in Sheikh Zayed.
Prime Minister Mostafa Madbouly inspected afforestation works in Cairo on 27 September, where officials reported more than 3,000 trees and nearly 700,000 shrubs and plants already planted under the Greening Cairo plan.
Developers, officials and experts are pushing to create an Egyptian federation of real estate developers to tighten regulation, classification and dispute resolution, as the government drafts a law governing the market.
Egypt's Urban Development Fund has recorded sales worth EGP 6bn since the start of 2026 and is targeting a further EGP 3bn by year-end and the delivery of about 10,000 housing units during 2027, its chairperson says.
Six major Egyptian developers secured EGP 52.2bn in bank facilities between March 2025 and August 2026 as longer payment plans pushed the sector towards securitisation and institutional capital, Savills Egypt says.
Invest-Gate has convened its 29th roundtable in Cairo to debate establishing an Egyptian Real Estate Developers Association, with officials and developers discussing a draft law to register, classify and govern the sector.
Hassan Allam Properties has launched Xchange, a commercial and administrative destination spanning more than 30,000 square metres within its Haptown development in Mostakbal City, east of Cairo.
Nawy Shares and CI Capital Asset Management will establish and manage digital real estate investment funds offering fractional access to Egyptian property, with subscriptions for the first funds expected in early 2027.
Adds Developments has entered Egypt's real estate development market with a 220-feddan land bank, starting in East Cairo, the company's chairperson Abdullah Sohail said.