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Real estate companies on involuntary Ramadan hiatus

By Hamada Ismail With Ramadan falling during the summer this year, real estate companies are on hiatus, reorganising their plans and evaluating their accomplishments. Before Ramadan, 5 real estate expos were held, extending over 24 days. However, results disappointed companies and didn’t satisfy participants, given decreased client participation and weakened sales. Sales were expected to …

Daily News Egypt

Real estate companies adapt as Ramadan falls in their highest season

By Hamada Ismail Real estate companies extended their promotional offers to include the month of Ramadan in an attempt to support the relative growth the sector has experienced during the last several months. The offers included extended financing periods, lowered down payments, discounts for up-front payments, and gifts such as furniture. Traders in the sector …

Daily News Egypt

FJP takes a shot at fixing slums

By Mohamed Darwish Solving the problem of slums located all over Cairo is part of President Mohamed Morsy’s first-100-days presidential programme. He has stressed that housing is among the fundamental rights of Egyptians and that the state must remove obstacles to guaranteeing housing for every citizen. Dr Abolfotouh Shanan, a professor of planning and one …

Daily News Egypt