New Vision Set to Launch 5 New Projects for EGP 70 M

• Saturday, 25th June 2016
• by Nadine Abou el Atta

New Vision, a real estate investment company, aims to raise their investment portfolio in the Egyptian market to EGP 1 billion through investments in New Cairo, and Mohandessin, by the end of 2019, said Chairman of the Board of Directors, Mohamed Kamal.

Arab Contractors and El Eman to Build 600 Residential Units in Red Sea

• Monday, 6th June 2016
• by Invest Gate

The Arab Contractors and El Eman Construction Companies have won a bid to execute 600 residential units, in the Red Sea governorate, with a cost of EGP 99 million.

Wadi Degla to Begin Construction of EGP 13M Neopolis Project

• Friday, 3rd June 2016
• by Invest Gate

Wadi Degla Developments has begun construction of its Neopolis project, with investments worth EGP 13.3 billion ($1.5 billion), the company announced in a press statement.

Construction Work Following 2015 Taba’s Flooding Edges at EGP 250 M

• Wednesday, 1st June 2016
• by Invest Gate

The cost of construction work to repair the damage from last flood in Taba has reached EGP 250 million. Renovation work includes 11 dams and 3 lakes.

Egyptian Mountain View, Saudi Sisban to Construct EGP 32B iCity

• Thursday, 26th May 2016
• by Invest Gate

The Minister of Housing, Utilities and Urban Communities announced in a press release Egypt’s biggest real estate project to date, the iCity. The project will be constructed through a partnership between Egyptian Mountain View and Saudi Sisbain.

UAE’s CGP Announced Tender for Construction of Alburouj Project

• Sunday, 22nd May 2016
• by Invest Gate

Capital Group Properties (CGP), a real estate development company owned by Abu Dhabi Capital Group (ADCG) and Al Ain properties, has announced a tender for the construction of the first phase of its latest project Alburouj.

Palm Hills Plans to Establish a Base in Dubai

• Sunday, 15th May 2016
• by Nadine Abou el Atta

Palm Hills Development (PHD), an Egyptian real estate developer, is planning to open a company in Dubai, reported The National.

Extensive Campaign to Remove All Trespasses on Ismailia Road

• Sunday, 15th May 2016
• by Nadine Abou el Atta

The Ministry of Housing announced that all trespasses residing on the Ismailia Desert Road will be removed, reported Invest Gate.

NUCA Contracted 242 Companies to Implement First Phase of Social Housing Project

• Saturday, 14th May 2016
• by Nadine Abou el Atta

The New Urban Communities Authority (NUCA) hired 242 private companies to develop the first phase of the social housing project, according to Moustafa Ibrahim, a member of the housing and utilities sector’s central administration at the Ministry of Housing, reported Daily News Egypt.

Sisi Inaugurates Projects in Badr City

• Thursday, 12th May 2016
• by Nadine Abou el Atta

President Abdel Fattah El Sisi inaugurated 32 new projects in Badr City, located in north eastern Cairo. The projects will be carried out by Egypt’s Armed Forces Engineering Authority (AFEA), according to a government press release.