SODIC achieves EGP 19.8bn in gross contracted sales, reflecting strong demand for its projects

SODIC has announced its consolidated financial results for the first nine months of 2023. The company sold 1,396 units during this period, generating gross contracted sales of EGP 19.8bn, a…

Daily News Egypt

MIDAR launches MERCATO service project in Mostakbal City

MIDAR, a leader in the field of developing megacities, has announced the inauguration and the laying of the foundation stone for MERCATO, one of the largest integrated service areas in…

Daily News Egypt

CGP, Innovo partner to build 2 residential zones in Alburouj with EGP 2bn investments

Capital Group Properties (CGP), the developer of the Alburouj residential project in East Cairo, has signed a partnership agreement with Innovo Group to develop two new residential zones within the…

Daily News Egypt

Scope Developments contracts with Incomercial to manage, operate, and lease Zoom Plaza

Scope Developments, a real estate company in Egypt, has announced a contract with Incomercial, a leading company in property management and leasing, to handle the Zoom Plaza Mall project in…

Daily News Egypt

Real estate funds, bourse: A new step for Egypt’s property export

Fathallah Fawzi, the Deputy Chairperson of the Egyptian Businessmen’s Association and the Chairperson of the Real Estate Development and Contracting Committee, has urged the authorities to allow real estate developers…

Daily News Egypt

FRA, NPI collaborate to boost voluntary carbon market

The Regional Center for Sustainable Finance (RCSF), which is affiliated with the Financial Regulatory Authority (FRA), organized a workshop in cooperation with the National Planning Institute (NPI) on how the…

Daily News Egypt

6th edition of Cairo Water Week kicks off highlighting adaptation and sustainability issues 

Egypt’s Irrigation Minister highlights impact of Israeli aggression on water and environment in Palestine

Daily News Egypt

FABMISR expands its footprint with newest Ain El Sokhna branch within SCZone

First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has unveiled the opening of its newest branch in Ain El Sokhna, the bank announced on…

Daily News Egypt

Mashro’ak offers EGP 27.2bn finance to 208,200 projects since 2015

Mashro’ak, a national project for community, human, and local development, has financed 208,200 projects with EGP 27.2bn since its launch in April 2015 until October 2023. These projects have created…

Daily News Egypt

Schneider Electric expands its investments, exports in Egypt

Head of GAFI inspects expansions of Schneider Electric’s factory in Badr City

Shaimaa Raafat