Tag: Magnom Properties
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Magnom Properties sets new sustainability milestone
Cairo, Egypt; August 7, 2024: Magnom Properties, a subsidiary of Saudi Arabia’s Rawabi Holding, has announced a groundbreaking achievement for its upcoming Forbes International Tower, as it becomes the first tower in the world to officially register for the International Living Future Institute (ILFI) Zero Carbon Certification. The new milestone brings Magnom Properties one step closer…
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Magnom Properties and Forbes International Tower Join as Lead Sponsors for The Future Sustainability Forum
Dubai, UAE; October 4, 2023: As preparations are underway in the UAE to host the COP28 Summit, the Future Sustainability Summit, organized by the Dubai International Financial Centre (DIFC), is set to emerge as a key pit stop for global sustainability leaders, innovators, and investors who share a common goal of assessing the emerging technologies and…
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Magnom Properties partners with UNICEF to digitally empower Egypt’s young people
Geneva, Switzerland; February 8, 2023: Magnom Properties, the real estate developer of FORBES International Tower, is partnering with UNICEF to support young people’s empowerment in Egypt, bridging the digital divide and providing a wide range of skills development opportunities to young girls and boys. A partnership agreement signed by Maged Marie, CEO of Magnom Properties, and…
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Magnom Properties to showcase colourful sculptures by Richard Orlinski
Cairo, Egypt; November 15, 2022: Magnom Properties is partnering with French contemporary artist, Richard Orlinksi, to debut a collection of his colourful animal-inspired resin sculptures at the company’s first project in Egypt’s New Administrative Capital (NAC). Known for his electrifying sculptures of remarkable dimensions exhibited globally such as his well-known Red Gorilla ‘Wild Kong’ displayed at…
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Magnom Properties appoints JLL to manage upcoming real estate projects across the region
Cairo, Egypt; June 13, Property News, 2022: Magnom Properties, the real estate arm of Rawabi Holding, has appointed JLL, a leading professional services firm that specialises in real estate, investment management and development consultancy services, to act as project managers, office and retail advisors for the developer’s upcoming projects in the region. JLL will advise…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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