Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister
Finance Minister Ahmed Kouchouk affirmed that the government remains committed to directing a substantial portion of proceeds from major investment deals toward reducing public debt. He noted that Egypt has…
Germany, Egypt sign €50m debt swap for renewable energy grid connection
Egypt and Germany on Sunday signed a €50m ($54m) debt swap agreement to finance projects to connect two wind power stations to the national grid, Egypt's electricity ministry said. The…
ARDIC Developments prepares to launch new East Cairo project in partnership with NUCA
ARDIC Developments CEO Tamer El Akkad announced that the company is finalising procedures to acquire a new land plot in East Cairo in cooperation with the New Urban Communities Authority…
Vantage Developments unveils exclusive ‘M Signature’ offers at Bayty Expo in Riyadh
Vantage Developments took part in Bayty – The Real Estate Expo, held under the patronage of Egypt’s Ministry of Housing, Utilities, and Urban Communities from 6 to 8 November at…
Uptown 6 October, Global School Management break ground on Kingdom of Knowledge School
Uptown 6 October, in partnership with Global School Management (GSM), has begun construction of the Kingdom of Knowledge International School in Uptown 6 October City, with the school scheduled to…
Capital Hills completes Park Yard 1 construction, pushes ahead with Point 9, wider 2025 delivery plan
Capital Hills Developments has announced fresh progress across several of its flagship projects, saying that 2025 will be dedicated to project delivery, with a broader expansion phase scheduled for 2026…
Top Kapi Developments launches Vira compound, targets EGP 1.1bn in first-phase sales
Top Kapi Developments has launched its new residential project, Vira, a compound comprising 420 units on Al Wahat Road in Downtown Hadayek October, opposite MSA University and adjacent to the…
Redminds, Saudi Al Warda Group launch real estate alliance targeting EGP 20bn investments by 2026
Redminds Developments has announced a strategic partnership with Saudi-based Al Warda Global Food Trading Group, represented by Sheikh Ibrahim El Ateeq, to form a joint real estate alliance with planned…
IWG accelerates Egypt expansion, plans 30 new flexible workspace centres in 2026
Marc Descrozaille, CEO of IWG for the Middle East, Africa, and Asia-Pacific, said Egypt has become the company’s fastest-growing market in the region, recording 300 percent growth over the past…
Grand Egyptian Museum fuels hospitality, real estate expansion in West Cairo
The long-awaited opening of the Grand Egyptian Museum (GEM) is being widely viewed by developers and market analysts as a transformative moment for urban and investment growth in West Cairo.…