Diversification is driving the next phase of growth for Polaris Parks as the Turkish-backed industrial developer enters Egypt’s residential real-estate market with a planned investment programme worth EGP 5 billion ($97 million), signalling growing confidence among foreign investors in the country’s long-term urban and economic expansion. The company has launched Polaris Homes and unveiled its…

Egypt’s Talaat Moustafa Group (TMG) has secured an investment licence from Iraq’s National Investment Commission and received land allocation for a major mixed-use urban development in southwest Baghdad, marking one of the largest overseas expansion moves by an Egyptian property developer and reinforcing the group’s ambition to become a leading regional real-estate platform. According to […]

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Saudi Arabia has approved new executive regulations imposing annual fees on vacant residential and commercial properties, marking one of the Kingdom’s most significant recent interventions aimed at increasing housing supply, improving urban asset utilization, and stabilizing the rapidly evolving real estate market. The regulations, approved by the Ministry of Municipalities and Housing, form part…

CAIRO — Egypt has expanded incentives for Egyptians living abroad to invest in domestic real estate through the latest phase of the national “Beit Al Watan” programme, opening what officials described as a major new investment window aimed at supporting urban development and boosting foreign-currency inflows. According to statements issued by Egypt’s Ministry of Housing, […]

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Egypt has reduced fees on real estate partnership projects along the North Coast by nearly 50% after revising the calculation method to apply to sellable built-up space rather than total land area, according to Asharq News citing government sources. The adjustment applies to projects approved before February 2024 and is expected to significantly ease cost […]

Cairo — Egypt is preparing to tender the management and operation of the Downtown Towers district in New Alamein City to local and international consortia, as part of a broader strategy to enhance returns on state investments and expand private sector participation, according to government officials cited by Asharq Business. The planned offering, expected before […]

Cairo — Sudanese capital inflows into Egypt have accelerated sharply since the outbreak of conflict in Sudan in April 2023, with total real estate investments now estimated at nearly $40 billion—up from approximately $23 billion prior to the crisis, according to the Federation of Sudanese Industries and reporting by Sudan Tribune. The surge reflects a […]

Cairo — Talaat Moustafa Group has unveiled an ambitious mega-development project, “The Spine,” with total planned investments estimated at EGP 1.4 trillion, positioning it among the largest privately led projects with direct economic impact in Egypt. The announcement was made during an official press conference attended by Mostafa Madbouly, senior government officials, and financial leaders, […]

Cairo — Egyptian property developer Talaat Moustafa Group (TMG) has joined forces with CI Capital Holding to establish an EGP 8 billion real estate investment fund, offering investors access to income-generating commercial assets, according to a disclosure filed with the Egyptian Exchange (EGX). The fund, named the Awaed Real Estate Investment Fund, received regulatory approval […]

Egypt’s Hassan Allam Holding has announced the launch of a new integrated residential development in Riyadh valued at SAR 3.3 billion, reinforcing its expansion into the Saudi real estate market. The project, branded “Noor Khuzam,” is located in northern Riyadh and is being developed in partnership with Tilal Real Estate, in cooperation with the National […]

The Dubai Land Department (DLD) has launched Phase II of its Real Estate Tokenisation Project, enabling the resale of tokenised property assets in a regulated secondary market from February 20. The move advances the initiative beyond its pilot stage and marks a significant step in the digitisation of Dubai’s property sector. The project, developed under […]