Total of EGP 2.5bn paid in insurance from April to June 2022: FRA
Mohamed Farid, Chairperson of the FRA, issued periodic report No. 6 of 2022, regarding the re-evaluation of the values of insured assets and the amounts of insurance compared to their…
International Cooperation Minister to participate in 77th UN General Assembly
The UN meetings come amid unprecedented global repercussions due to the Russian-Ukrainian crisis, and the economic effects due to the Corona pandemic. The meetings will discuss a number of important…
Banks operating in Egypt report EGP 56.8bn in profits during 1H 2022: CBE
Total financial position of banks in Egypt increased to about EGP 10.037trn
MNHD signs MoU with Al-Hazek Construction to execute construction works worth EGP 1.5bn
The MoU includes the construction of some buildings in the Shalya project in Taj City
Ebny Developments signs engineering, technical consultancy contracts to manage, develop its projects
The company contracted with Yasser Al-Beltagy Architects (YBA) as an engineering consultant for the project, Enversion for real estate development consultancy, and White company for marketing and event management services…
ADC Developments appoints Ahmed Samir Al-Desouky as CCO
Al-Desouky has experience of up to 18 years in the real estate market. During that period, he secured multiple positions in major real estate development companies, the most notably of…
New Generation Development launches L’HIVER project with EGP 4bn in targeted sales
The company is targeting EGP 1.5bn in sales for the first offering of the project
Mazaya Developments begins construction on 3 projects at NAC ahead of schedule
The company’s investments in the NAC exceed EGP 2bn
City Edge Developments signs agreement to operate cinema complex in Heritage City in New Alamein
The agreement was signed at the Ministry of Housing, Utilities, and Urban Communities headquarter between CEO of City Edge Developments Mohamed Al-Dahan and iconic media figure, Esaad Younes — Chairperson…
Egypt’s real estate sector represents 20% of GDP: ACUD
The NAC’s second and third phases will be launched by the beginning of 2023