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Cairo/ Heliopolis
 
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2007 News

July

Al Basel Real Estate Broker appointed as agent for four mega projects
Al Basel Real Estate Broker, a leading property sales intermediary, has announced that it has recently finalized brokerage deals with four mega developers in a move that reflects the growing demand for brokerage services in a maturing property market.
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Buy-to-let market is growing in Dubai, says property manager
Buying properties and renting them out is a good and growing business in Dubai because the market here is developing and younger compared to those in the US and Europe and there is a dearth of hotel rooms for the growing number of business and leisure travelers.
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Plus Properties to invest Dh850m in UAE
Property developer Plus Properties has entered the Middle East realty market with three residential projects in the UAE worth a combined Dh850 million.
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DAMAC Reinforces its Presence in Egypt
DAMAC Properties, the largest private sector luxury lifestyle provider in the Middle East, is hosting a gala dinner at the Four Seasons Nile Plaza to introduce the company’s mega projects and upcoming plans in Egypt. Damac plans to launch three projects, Gamsha Bay located on the Red Sea, Park Avenue in 6th of October City as well as another exclusive project in New Cairo.
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Real estate industry wage gap 'poses recruitment nightmare'
Large differences in what workers in the Gulf's booming real estate industry are being paid are creating a "recruitment nightmare" in the region, says an expert. Property recruitment specialists Macdonald & Company will launch the first Middle Easy Salary Survey, at Cityscape Dubai, in October.
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Cityscape Dubai Brings Forth Green Theme At Real Estate Expo
A series of conferences and seminars at Cityscape, the largest real estate development and investment event, to be held at the Dubai International Exhibition Centre from 16-18 October 2007, will examine environmental and sustainability issues in property development along with energy efficiency and green buildings
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Emaar Misr opens the world’s largest sales centre at Uptown Cairo
Emaar Misr for Development S.A.E, the wholly-owned Egyptian subsidiary of Emaar Properties PJSC, has opened the largest sales centre in the world to launch the public sale of Uptown Cairo, its pioneering master-development located in Mokkattam Hills.
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Sungwon in landmark deal with Amlak Finance
South Korea's construction and property development giant, Sungwon Corporation has entered into a strategic alliance with Amlak Finance, the pioneers of home finance in the UAE
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