Egypt’s real estate developer City Edge Developments (CED) has announced the launch of two new residential projects, The Gate and Mazarine, in New Alamain, North Coast. Revealed during a press conference held in on CED’s new towers on July 3, the projects are owned by the New Urban Communities Authority

Real estate prices in the Egyptian market have hiked by an average of 75% since the EGP flotation in November 2016 until now, backed by rises in implementation costs and materials, Invest-Gate reports. Mahmoud Abdel Halim, chairman of MREC for Integrated Real Estate Services, noted in a press statement on May 2

Prices of residential properties in Egypt are set to continue hiking in 2019, despite the rising trends geared towards decreasing prices, including the provision of smaller properties, more flexible payment methods, and the emerging demand on Egyptian real estate from foreign buyers, Invest-Gate reports. Founder of Mena Group Fathallah Fawzi said