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Marriott International to debut Element brand in Egypt

Marriott International (NASDAQ: MAR) announced plans to debut Element Hotels, the eco-incubator brand in Egypt in early 2019. ... Full story

Billions earmarked for Egypt's new City

Egypt is going ahead with its plans to build a multi-billion new city near Cairo, which will become the new country’s capital. ... Full story

North African property gaining momentum

Egypt and Morocco stand out as the largest commercial property markets in North Africa. Tunisia stands out as a tourist driven property market, Africa Property News.com has learned. ... Full story

Orascom Construction eyes dual listing in Egypt and Dubai stock exchange

Orascom Construction Ltd announced on Monday that its construction business will be dually listed as a separate entity on Nasdaq Dubai and the Egyptian Exchange (EGX) early March this year. ... Full story

Qatari Diar gets green light for $2.16bn Egypt construction projects

Qatari Diar, which is headquartered in Doha, has been granted approval of $2.16 billion construction project to build hotels, shopping malls and residential apartments in Egypt, aimed to boost tourism in the country. ... Full story

Egypt hotel developer plans to revive stalled projects

Egypt’s Orascom Hotels & Development is planning to revive stalled projects in the country. These projects were put on hold following the 2011 political unrest that ousted President Hosni Mubarak. ... Full story

Cairo property sector on the rebound

House prices in the most upmarket suburbs of Cairo are rocketing as the Egyptian capital starts to recover after years of unrest and economic downturn. ... Full story

Abu Dhabi-backed property firm to revive push into Africa

Emaar Properties chairman Mohamed Alabbar is pressing ahead with plans to revive an Abu Dhabi-backed development push into North Africa and the Levant through the private property company Eagle Hills. ... Full story

Egypt in need of half a million homes a year

Egypt needs 500,000 new homes a year to meet demand, the country’s housing minister said yesterday as he revealed that stalled talks with Arabtec on a massive project had resumed. ... Full story

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