11+ hour, 29+ min ago   (549+ words) TMG CEO says major developers maintain strong collection rates, while secondary-market slowdown reflects tighter liquidity and monetary policy Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG Holding), said Egypt’s real estate market is operating at…...

5+ day, 13+ hour ago   (254+ words) Egypt’s newly introduced facilities for real estate taxpayers have gained significant traction, with taxpayers creating more than 612,000 electronic accounts and filing 490,000 tax declarations through a dedicated mobile application during its first two months, Finance Minister Ahmed Kouchouk said. The submitted…...

6+ day, 13+ hour ago   (387+ words) M squared, the real estate arm of Intro Holding, announced that its Masyaf Ras Al Hekma destination has reached approximately 41% overall construction completion, as development accelerates across the 1,546-unit project and construction begins on Phase 2. Construction is currently underway across…...

6+ day, 13+ hour ago   (475+ words) The withdrawal of land allocated to a real estate project from a developer does not automatically mean that individual buyers will lose their money or contractual rights, according to Haitham Elsayes, a lawyer before the Court of Cassation and the…...

6+ day, 13+ hour ago   (154+ words) Vacation rental booking platform Garnest is planning to expand its operations in Egypt after attracting more than 5,000 customers and listing over 500 accommodation units within its first two months of operation. Ahmed Fazara, Founder of Garnest, said the company aims to…...

1+ week, 3+ day ago   (718+ words) Misr Italia Properties’ Solare Ras El Hekma reflects this shift. Located at Kilo 199, the 400-feddan destination represents total investments of around EGP 58.5bn and comprises 3,718 units, a full kilometre of beach, 200,000 sqm of beachfront spaces, 16 lifestyle amenities and experiences, and three…...

1+ week, 6+ day ago   (300+ words) Prax Developments has announced its entry into the Egyptian real estate market through an Egyptian-Saudi partnership, with plans to launch its first project in New Obour. The company is headed by Mohamed El-Refaie and was established through a partnership between…...

1+ week, 6+ day ago   (329+ words) Everestview Development has launched Montania Gate, its latest mixed-use development in Sheikh Zayed City, West Cairo. Mohamed Samir El Shennawy, Chairperson of Everestview Development, said the launch is part of the company’s strategy to expand its portfolio in West Cairo....

2+ week, 12+ hour ago   (399+ words) Ahmed Kouchouk, Minister of Finance, said citizens are showing notable interest in using the real estate transaction tax mobile application to benefit from new incentives and digital facilities. He said the Ministry continues to develop tax services and simplify procedures…...

2+ week, 3+ day ago   (19+ words) Dailynewsegypt You Might Also Like...