The Egyptian Minister of Housing, Utilities and Urban Communities, Randa El-Menchawy, confirmed that the government is currently working on the preparation of the draft law regulating the real estate market, and is also discussing with the sector companies the establishment of a union of real estate developers in Egypt, stressing the importance of the real estate sector, which contributes about 20% of GDP, and includes about 6 million direct or indirect jobs, which increases the importance of organizing it, according to the Egyptian “Shorouk”.The Minister of Housing announced the sale of about 15,000 plots of land to Egyptians abroad during 2026, worth nearly $1.5 billion.The Prime Minister, Dr. Mostafa Madbouli, witnessed, at the government headquarters in the new capital, on…

The “Madinat Misr” company, listed on the Egyptian Stock Exchange, on Sunday launched a new phase of the SAFE Investments platform for partial real estate investment, which allows investors to access selected real estate opportunities at a price starting from 5 thousand pounds per investment share, according to the Egyptian newspaper “Al Mal”.The company said in a statement that it sold more than 3100 investment shares of the category of five thousand pounds during the first day of the offering, considering it an indication of the increasing demand of investors for easier and more flexible means to participate in the Egyptian real estate market.    The digital platform allows investors to own partial stakes in selected real estate assets without having to…

Tariq Abdulrahman, Managing Director of Bunyan Development and Trade, said that the company decided to buy treasury shares of up to 4% of the company’s shares, explaining that the process will be fully funded from the company’s self-resources and liquidity.He pointed out in an interview with "Arab Business" that the decision came in light of a general decline in the shares of real estate companies listed on the Egyptian Stock Exchange during the past weeks, as a result of the decline in investor confidence in the traditional real estate development model due to the slowdown of the market, especially in the residential unit sector.World Petroleum Conference kicks off in RiyadhHe continued: "Bunyan" differs from real estate developers, as it focuses on investing in completed and…

    EDIC Developments has announced its third strategic partnership in a short period, teaming up with LARYSA Developments to jointly develop THE ICON MALL in New October, West Cairo. This alliance reflects both companies' strategy to combine complementary real estate expertise and leverage technical, execution, and management capabilities, following EDIC's previous strategic alliances with Zawaya Developments for SIA Boulevard and AZ Developments for CLAVEL, further solidifying its position as a leading strategic developer in West Cairo. Dr. Amr Zaki, Chairman of EDIC Developments, stated that alliances between strong market players are vital for delivering high-value projects through integrated expertise. He noted that THE ICON MALL benefits from a strategic location in New…

UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s inauguration was attended by more than 1,000 industry representatives. The mixed-use development project combines hotel living, branded residences, and lifestyle amenities built around AI, music, and wellness. The expansion marks a milestone in ONE Development’s regional growth strategy and signals international confidence in Egypt’s real estate sector. It also supports Egypt’s development goals by driving foreign investment, job creation, and urban growth. Ali Al Gebely, Founder and Chairman of ONE Development, said: “Our…

Egypt - Madinet Masr is expediting work on its Sarai project near the New Administrative Capital and Taj City in east Cairo, allocating EGP 10bn in capital expenditures to meet project timelines. The company successfully implemented its expansion strategy throughout 2024, launching five new phases across its Sarai project, spanning 5.5 million sqm, and Taj City, covering 3.6 million sqm. It aims to develop non-residential areas within these projects, totaling 1,200 sqm over the next five years. Within Sarai, Madinet Masr introduced the Sheya project, covering 228,212 sqm and generating sales of EGP 5.3bn, and the Esse Residence project, spanning 400,000 sqm with anticipated sales of EGP 18.2bn. To accelerate construction and development, the company partnered with major contracting and…

  Egypt - Valero Developments has officially launched, announcing its first project, Circle 9 Mall in Obour city, according to Chairperson Ahmed Fahmy. Fahmy highlighted that Valero aims to make a mark in Egypt’s real estate sector, including potential expansion into the Gulf region by delivering Egyptian projects at international standards. Fahmy noted that Egypt’s real estate market is rapidly growing, with informed clients seeking quality investments amid high demand for secure assets. He disclosed that the company selected Obour City as its launch point, a well-developed first-generation city known for its green spaces, extensive industrial area, and balanced environment that supports both residential and commercial needs. As one of Egypt’s first-generation…

  Egypt - Participants in the Decision Makers conference put forward a set of recommendations aimed at shaping the proposed visions for advancing the real estate industry through actionable steps. They agreed on the impossibility of a “real estate bubble” in the country. They emphasized the importance of supporting the role of real estate development companies by providing financing solutions that cater to various customer segments, with instalment plans extending up to five or ten years. They also stressed the need to maintain stable interest rates to reduce the cost of real estate financing and offer competitive project prices, along with ensuring exchange rate stability. Decision Makers conference concluded its fifth edition, on Wednesday, under the patronage of…

  Egypt - Abdelrahman El Zaeem, Chairperson of Zaeem Holding, announced the launch of Lora Compound, the first smart residential project in Badr City. Covering an area of 35,000 sqm, the project includes a commercial mall on a 6,900 sqm plot and features 450 residential units ranging from 65 to 159 square meters.   El Zaeem said that the company has designed flexible payment plans extending up to 10 years, with anticipated sales reaching EGP 1.2bn.   He highlighted Badr City’s strategic location near the New Administrative Capital, Noor City, and Madinaty, which positions it as an attractive investment destination. The city has seen substantial governmental support in infrastructure and road development, paving the way for a significant urban expansion with…

  Egypt - Chairperson of Administrative Capital for Urban Development (ACUD), Khaled Abbas, announced that the company is gearing up to issue new facilities for real estate development companies in New Administrative Capital.   Abbas said that ACUD will provide facilities for developers with projects under 5 feddans, provided they complete and fully finish the façades of the projects within six months.   He noted that the company will grant developers an additional implementation period of up to six months and will reduce any delay penalties by 50%, if applicable.   He pointed out that this measure aims to preserve the aesthetic appeal of the New Capital’s projects.   He added that planning is underway for an additional 40,000 feddans.…

Egypt - Living Yards Developments has officially launched its latest project, Solay, a residential community spanning 31 feddans in New Cairo. This launch coincides with a strategic partnership between Living Yards and AKD Advisory, a consultant in restructuring, management services, and real estate development, aimed at leveraging AKD’s expertise to support the project and further Living Yards’ mission to deliver exceptional real estate solutions.   Chairperson of Living Yards, Ayman Marzouk, stated: “The launch of Solay in New Cairo underscores our commitment to fulfilling our clients’ expectations. Our collaboration with AKD guarantees that we uphold the highest standards of quality and efficiency.”   Amr El Kady, Founder and CEO of AKD,…

  Dubleuse has launched the PlugN project, a new product that offers a variety of fully equipped serviced offices managed by a specialized facilities management company a The launch will start with the company’s project District People, with an ambitious plan. The company is preparing to offer this real estate product in various projects, whether owned by Dubleuse or other companies interested in offering the same product and leveraging Dubleuse’s expertise in this field. PlugN provides office units, providing integrated services that enable benefits to lead a seamless lifestyle without incurring high expenses for essential services to create a positive work environment. PlugN has a variety of units including private offices, specialized work centres, and co-working…