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Egyptian Banks Unlock 415 Feddans as Hyde Park Secures EGP 10bn Financing

Realestate Middle East Observer Staff -
Egypt's state-owned banks are unlocking substantial real estate assets for development, as Hyde Park Real Estate Development acquires 415...

Egypt Offers 84 Investment Sites as Urban Expansion Shifts Towards Private Capital

Realestate Middle East Observer Staff -
CAIRO — Egypt has offered approximately 84 investment opportunities across its new cities this month, seeking to mobilise domestic...

From Malls to Cities: Majid Al Futtaim Deepens its Egypt Investments

Egypt Middle East Observer Staff -
CAIRO — Majid Al Futtaim is moving beyond its traditional mall-led model in Egypt with a $3.1 billion mixed-use...

Eagle Hills Plans $12bn Ras Malé Development as Maldives Broadens Tourism Model

Gulf Middle East Observer Staff -
Abu Dhabi-based Eagle Hills has agreed commercial terms with the Maldives government for a $12bn integrated waterfront development at...

Qatari Diar Revives Long-Delayed Red Sea Development

Egypt Reham Walid -
CAIRO — Qatari Diar has taken possession of a 29 million-square-metre site in Hurghada nearly two decades after first...

Egypt’s Property Market Advances From Expansion to Sustainable Maturity

Egypt Mohamed Salem -
CAIRO — Egypt’s property market is entering a more disciplined phase as regulators scrutinise project financing and delivery, while...

Modon, Nammos Unveil Luxury Resort and Residences at Ras El-Hekma

Egypt Middle East Observer Staff -
Abu Dhabi-based Modon Holding, the master developer of Egypt's flagship Ras El-Hekma project, has partnered with Greek luxury hospitality brand Nammos...

Saudi Arabia Approves Rules for Foreign Property Ownership

Gulf Middle East Observer Staff -
Saudi Arabia has completed the regulatory framework for foreign ownership of real estate after the Council of Ministers approved...

Polaris injects a $97 million investment into Egypt’s Housing sector

Egypt Middle East Observer Staff -
Diversification is driving the next phase of growth for Polaris Parks as the Turkish-backed industrial developer enters Egypt's residential...
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