News / Developers

Majid Al Futtaim to Invest EGP 400 Mn in Egypt in 2023

Majid Al Futtaim also unveils a plan to expand its soft discount store, Supeco, and open more Carrefour Gourmet stores in the Egyptian market.

Concept Developments Starts Construction of SENET 1 in NAC’s Downtown

Chairman of Concept Developments, Ehab Aboelmagd, comments that the company plans to accelerate the project's implementation while maintaining the highest quality.

Tatweer Misr Awards EGP 1.5 Bn Construction Contract to Kharafi National

Moreover, the zone awarded to Kharafi includes the Phia project located on 16 acres. Phia comprises 504 units and resembles Greek’s Santorini Island.

White Eagle Developments, UAE’s Perfect Way Ink EGP 5 Bn Partnership Agreement

He adds that the first project to be launched under the partnership with Perfect Way is Darvell with EGP 800 mn investments.

AE Media Production Shoots 2 Films for Nakheel Developments’ Projects

Chairman of AE Media Production, Abdel Rahman Arafa, notes that the films produced for Nakheel’s two projects support the entire real estate development industry.

Parliament Members, FEI’s Officials Visit GV Developments’ Tarboul City

Situated on 26,000 sqm, Tarboul city aims to localize basic, supplementary, and value-added industries, as well as exports and recycling industries and smart logistics services, Chairman of GV Developments, Sherif Hamouda, comments.

Real Estate Development Chamber Announces Achievements in 2022

Shoukry lists a series of successes achieved by the chamber over the year including the cabinet’s approval of extending project implementation for developers for 6 months.

Construction of Life Sports Club Starts on 25 Acres in New Cairo

Life Sports Club features 20 different sports, as well as social facilities and services. The club offers athletic programs provided by professional and internationally certified coaches.

Wadi Degla Holding Employs RISE with SAP Platform for Digital Transformation

The Rise with SAP platform offers a series of services including institutional resources planning and cloud computing, along with innovative solutions for managing employees and controlling all operations and activities.

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