New Plan Developments to implement 20% of Serrano’s construction year-end
Company has marketed 90% of Serrano within eight months, says chairperson
Shaimaa Al-Aees
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CCR invests EGP 500m in Frontegate Mall
Company’s investments reach EGP 5bn, says chairperson
OUD eyes EGP 4bn sales by year-end
Delivery of OIC’s first phase is set to begin within nine months, says OUD owner
El Attal unveils 3rd phase of Park Lane Compoundhood in NAC
Company aims to expand in New Capital by launching two projects
ACUD negotiates with Emirati investor to develop EGP 18bn project in New Capital
Ten companies paid only 2% of land cost
IWAN to deliver 3 projects in 1Q20
“I expect demand to continue to grow at historical high rate of 12%,” says IWAN CEO
Pyramids to start offering units of NAC’s Paris Mall soon: chairperson
Company’s investments in NAC reached approximately EGP 6bn, says El Kholy
35% of Tower Bay’s first phase to be completed year-end
Company develops EGP 700m commercial administrative project in New Cairo
Beta allocates EGP 250m for construction works in 2H19
Company mulls new development project in September
Al-Wadi unveils new project in North Coast
Company launched 4th phase of Agora Sidi Abdel Rahman project in mid-July, says Commercial Director
Marina, Ministry of Youth to sign water sports cooperation protocol
The protocol also aims to provide the required development and hold competitions for residences of Marina community.
MBG records EGP 300m in sales during Aqari exhibition
Company targets EGP 1bn sales in 3 months
Castle launches EGP 450m Springfield in Castle Landmark
New phase offers 238 unfinished units
GV Developments unveils EGP 9bn White Sand project in North Coast
Project to include largest commercial complex serving the entire area, says GV Commercial Director
Next Home achieves EGP 1.3bn in sales of Next Point project
Mountain Plaza’s investment amounted to EGP 500m, says sales manager
SUD to begin construction works in New Mansoura’s The Pearl early 2020
Company marketed 30% of its sales abroad through its two branches in Austria, Paris, says marketing director
Mardev Developments invests EGP 2bn in Menorca Residence in New Capital
Company’s total investments amounted to approximately EGP 36bn
Arkan negotiates with NUCA to build 15-feddan urban development project
Project comprises of 30 commercial units, 70 administrative units
Concept to deliver Siela North Coast by year-end
Siela project is built on an area of 10 feddan in the Kilo 57 Alexandria/Matrouh road. It includes 600 chalets with spaces ranging from 50sqm to 120sqm with a construction rate of 28% along with a range of services, as well as commercial and administrative units.
Landmark, SAK establish JV to implement Elite New Capital
Shady Said, chairperson of Horizon, said in a press conference that Elite New Capital introduces a new and special thinking for commercial and administrative projects in plot number A3 in MU23 in New Administrative Capital.
Mariout Hills plans to establish 7 sustainable cities in Egypt within 10 years
Concerning the hotel, Hassan stated that the hotel is considered the first full sustainable hotel in Egypt and the Middle East, which is divided into 200 hotel houses designed to attract European tourists by 70% and Egyptians by 30%, he noted that the hotel is located along the Kilo 83 in the North Coast.
Cairo Capital mulls new administrative project in NAC
Company aims to acquire 1000-acre plot of land in Sheikh Zayed Extensions
IMKAN allocated 166-feddan land plot by Ministry of Housing in New Cairo
The agreement marks the first instance of implementing the new mechanism set by the Egyptian government for land allocation, which was announced by Minister of Housing Assem El Gazzar and under which land plots are allocated directly to investors as per their orders.
DarHub contracts with valU to finance real estate units finishing
Maximum fund for every unit EGP 2.5m, instalments over 5 years
Al Sedek Real Estate intends not to increase projects’ prices
Company invests EGP 600m in real estate sector
Mountain View establishes solar energy plant in Mountain View North Coast
Soliman said in press statement on Wednesday that the project is located on an area of about 6,700 sqm in the service area in the compound.
ACUD allocates lands to 12 companies in R8 in New Administrative Capital
Company launches competition to choose name, logo for NAC
Lufthansa resumes flights to Cairo; British Ambassador apologise for not informing Egypt about BritishAirways’ suspension
British embassy are in contact with Egyptian counterparts, German embassy says German Foreign Office did not change its travel advice to Egypt
EDF extends EGP 6bn export subsidies in FY 2019/20
Nassar pointed out that the allocations for each sector will be reviewed every six months
Egypt, Uzbekistan study establishing pharmaceutical plant
El-Damarawy said that Egyptian-Uzbek businesspeople has agreed to benefit from the Egyptian pharmaceutical expertise to manufacture various drugs that Uzbekistan currently import.