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25-30% increase in real estate prices after fuel price hikes

Member of the board of directors of the Egyptian Federation for Construction and Building Contractors (EFCBC), Daker Abdellah, predicted that the real estate market will witness an increase of 25-30%  in prices, following the government’s decision to increase fuel prices. Abdellah noted that unrealistic price increases are expected and are not in line with the …

Shaimaa Al-Aees

Real estate developers use famous faces to compete for Ramadan ads market share

Real estate companies have followed the example of telecommunications companies to use Egyptian and Arab artists to promote their products this Ramadan. The companies competed by featuring stars, including singers and actors. During this time of year, especially in the holy month of Ramadan, real estate companies are often keen to intensify advertisements for their …

Shaimaa Al-Aees

ACUD completes allocation of second offering of capital’s lands

The Administrative Capital for Urban Development (ACUD) announced that it has completed the allocation of all lands of the neighbourhood known as R7, the second offering in the capital, according to spokesperson Khaled El Hosseini. El Hosseini explained that R7 is on 2,500 feddans and was offered on 17 December 2017, with an average price …

Shaimaa Al-Aees

ACI enters technical expertise exchange partnership with Egyptian Engineers Syndicate

The American Concrete Institute (ACI) signed an international partnership agreement with the Egyptian Engineers Syndicate to exchange technical expertise, according to a press release from the institute. The ACI said that the agreement aims to increase collaboration and cooperation through a mutual exchange of technical expertise. The institute further noted that it is very interested …

Shaimaa Al-Aees

El-Fishawy Café opens branch in Sheikh Zayed

Badr El Din Real Estate Projects opened a branch of El-Fishawy Café—the most popular coffee shop in the Al-Hussein area of Cairo—in Mazar Mall in the area of Sheikh Zayed. The new location is the café’s first in one of Egypt’s new urban communities. Badr El Din Real Estate Projects Chairperson Mamdouh Badr El Din …

Shaimaa Al-Aees