Day: February 23, 2025

Egypt’s top 21 real estate developers achieved record-breaking sales of EGP 1.4trn in 2024, doubling the EGP 701bn recorded in 2023, according to a report by The Board Consulting. However, the market also experienced a sharp increase in reservation cancellations, surpassing EGP 20bn at one of the country’s leading developers.…

Arabisk Development has announced the launch of Khan El Wazir Mall, its latest commercial project in New Cairo. Spanning 2,250 square meters, the mall will offer a mix of retail and commercial spaces, with total investments exceeding EGP 700 million and targeted sales of EGP 1bn in the first quarter…

During the “Elevate Egypt: Branded Living and Hospitality” roundtable hosted by Invest-Gate, real estate developers and industry experts underscored the vital role of the hospitality sector in boosting tourism and advancing Egypt’s Vision 2030. Discussions centred on integrating well-being and mental health into hospitality and branded residences, alongside the transformative…

London-based real estate brokerage Market Standard has officially launched operations in Egypt, aiming to generate EGP 30bn in sales for developers by 2025. Aboul Fotouh Ghorab, Chairperson of Market Standard, stated that the company’s expansion into Egypt marks its first step in a broader regional strategy, with plans to enter…