News / Developers

Orascom-Elsewedy Consortium Completes 97% of Uptown 6 October’s Utilities

Chairman of Uptown 6 October Real Estate Development, Ahmed Abu Zaid, reveals during a general meeting of project owners and investors that the company sets a new pricing plan that aims to offer land directly to individuals and corporates at flexible installment systems.

El-Mostakbal For Urban Development Builds 2 Bridges with EGP 260 Mn Investments

The opening of the new bridges comes in line with the company’s master plan to provide all services and vital utility services to Mostakbal City’s residents, Managing Director, and CEO of El-Mostakbal for Urban Development, Ayman El-Kousey, says.

Arab Developers Holding Inaugurates Egypt’s Largest Dancing Fountain

CEO of ADH, Ayman Khalifa, reveals that the group enters into a contract with Spanish water and art company Ghesa to build the fountain.

Smart Assets to Open New Branches, Real Estate Platform

The company is planning to open a branch in Riyadh in mid-2023, Adel reveals.

Unified Development to Launch EGP 400 Mn Mall in NAC’s Downtown

Al-Mansi reveals that the company accelerates the implementation of the Kaizen Language school on 16,800 sqm in NAC’s R7 district with over EGP 500 mn in investments.

Enwan Developments Completes Marketing of Life Medical Tower’s Phase I

The first phase accounts for 35% of the project, while the second phase of the project is scheduled to be launched in Q1 2023, the top executive notes.

Misr Italia Generates EGP 9 Bn in Sales in 2022

In 2022, MIP launches a new phase in the Vinci project, Vinci Lagoons, in the New Administrative Capital on 5,000 sqm with a coastal line of 700 meters.

Dolmen Developments To Launch 3,400 Sqm Project in NAC’s R3

Chairman of Dolmen Developments, Abdel-Azim Khalil, says that the project includes a ground and other three floors.

ESG Developments to Invest EGP 1.5 Bn in 2023

The company studies offering administrative projects and malls in September 2023, he states, noting that the details of the new projects will be disclosed later after the completion of relevant licensing and administrative procedures.

Tanzanian President Greenlights 1st Fill of Julius Nyerere Dam’s Reservoir

The closure of the tunnel comes after the completion of the water-impounding works by a joint venture between Arab Contractors and Elsewedy Electric.

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