News / Developers

New Plan in Talks Over 2nd Real Estate Project in Port Said

New Plan Developments is currently in negotiations to take up its second real estate project in Port Said, as part of a cooperation protocol previously signed with the governorate.

Reedy Intends to Deliver Phase I of New Cairo Project Before 2021

Egypt-based real estate developer Reedy Group has revealed plans to start handing over phase I of its contemporary gated community in New Cairo, or "Azzar," thereby delivering almost 70% of the project's total residential units.

Mountain View to Get Started on Heartwork Project in Q1 2021: Chairman

Mountain View Chairman Amr Soliman has unveiled plans to commence work on Egypt's “first international business hub” in New Cairo, called "Heartwork," in Q1 2021, in a bid for delivery before 2022.

Mostakbal City Sees Inauguration of 1st Education Project’s Temporary HQ

New Cairo's Mostakbal City has witnessed the inauguration of the temporary administrative headquarters of the new smart city's first educational component by El Rabwa for Integrated Educational Services.

Egypt Economic Summit Sees Bright Future for Local Real Estate Sector

Egypt Economic Summit has discussed the future of the country's real estate sector amid the Coronavirus woes, highlighting the benefits of the health crisis on the market.

Orientals for Industrial Projects to Complete Phase I of OIC in 2021

Egypt's Orientals for Industrial Projects has revealed plans to complete the development of phase I of OIC, the newest integrated industrial city in Ain Sokhna, by April 2021.

Ora Developers Secures EGP 2.5 bn Loan to Finance ZED West

Ora Developers has sealed an EGP 2.5 loan agreement with Banque Misr, Emirates NBD, Export Development Bank, and Housing and Development Bank to finance the contraction and development of ZED West with an eight-year tenor.

Arqa to Launch New Units in ‘I Business Park’ Project

Arqa Development is to launch new units in its "I Business Park" towers project, with flexible payment plans offered for the first time in the commercial district at the New Administrative Capital (NAC).

Master Group to Further Expand Into NAC, Upper Egypt

Master Group Vice-Chairman Mohamed Mounir has unveiled the addition of the company's third real estate development in the New Administrative Capital (NAC) to its project portfolio in Q1 2021, while also affirming expansion into Upper Egypt.

Ajna’s Carnelia Secures Major Profits in Ain Sokhna Area

Chief Executive of the Commercial Sector at Ajna Urban Development Company Sherif Saleh has confirmed Carnelia Sokhna sales have reached EGP 1 bn, Invest-Gate reports.

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