News | Developers

  • Ora Developers to Launch Phase II of ZED East Next November

    Ora Developers to Launch Phase II of ZED East Next November

    Wednesday, 23 September 2020

    Ora Developers CEO Naguib Sawiris has unveiled the company's plans to launch the second phase of its first home project in east Cairo, dubbed "ZED East," next November.

  • AAIB, SODIC’s Unit Ink EGP 2.57 bn Credit Facility
    Investment

    AAIB, SODIC’s Unit Ink EGP 2.57 bn Credit Facility

    Tuesday, 22 September 2020

    Sixth of October for Development and Investment Company's (SODIC) subsidiary, Sixth of October Development and Real Estate Projects (SOREL), has signed an EGP 2.57 bn medium-term credit facility with the Arab African International Bank (AAIB).

  • MIP Marks 1st Developer to Deliver in NAC

    MIP Marks 1st Developer to Deliver in NAC

    Tuesday, 22 September 2020

    Misr Italia Properties (MIP) has announced the delivery of its flagship development in the New Administrative Capital (NAC), named "IL BOSCO," making it the first among the private sector to handover projects in NAC ahead of schedule, instead of 2021.

  • Akam Developments Eyes EGP 5 bn Sales of 2nd NAC Project

    Akam Developments Eyes EGP 5 bn Sales of 2nd NAC Project

    Sunday, 20 September 2020

    Akam Developments has released its second real estate development in the New Administrative Capital (NAC), dubbed ”Scene7," targeting EGP 5 bn in sales of the project's various residential, commercial, and sports properties.

  • CED Releases Phase II of Mazarine Islands in New Alamein

    CED Releases Phase II of Mazarine Islands in New Alamein

    Sunday, 20 September 2020

    Egypt's national real estate developer City Edge Developments (CED) has announced the launch of phase II of its Mazarine Islands development in New Alamein, North Coast, following the successful sell-out of the project's first phase.

  • New Plan Developments Inks Protocol for Port Said’s Piazza

    New Plan Developments Inks Protocol for Port Said’s Piazza

    Sunday, 20 September 2020

    New Plan Developments has inked a cooperation protocol with Port Said Governorate for the development of "Sahet Misr," which is the main piazza of the coastal Mediterranean city.

  • Master Group Introduces EGP 6 bn Project to NAC

    Master Group Introduces EGP 6 bn Project to NAC

    Wednesday, 16 September 2020

    Egypt’s real estate developer Master Group has rolled out its second residential project in the New Administrative Capital (NAC), named "City Oval," with investments estimated at EGP 6 bn.

  • Cityscape Egypt Is Back This November
    Events

    Cityscape Egypt Is Back This November

    Tuesday, 15 September 2020

    Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.

  • Egyptian Real Estate Firms’ Profit Hit by Corona

    Egyptian Real Estate Firms’ Profit Hit by Corona

    Tuesday, 15 September 2020

    Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavirus crisis

  • Sabbour Consulting to Oversee Mixed-Use Tower Project in NAC

    Sabbour Consulting to Oversee Mixed-Use Tower Project in NAC

    Thursday, 10 September 2020

    Egypt-based Sabbour Consulting has agreed to oversee the construction of a mixed-use tower project in the New Administrative Capital (NAC), dubbed "I Business Park."