News / Developers

Tabarak Developments Delivers 100 Homes in New Cairo’s 90 Avenue

Tabarak Developments has announced the delivery of 100 residential units within phase I of New Cairo's 90 Avenue project, dubbed "Vibe Zone," intending to hand over a total of 150 properties in the upcoming weeks.

Ghabbour, Other Investors Acquire NCHD for USD 50 mn

Some Egyptian businessmen have recently acquired the New City Housing and Development Company (NCHD), a subsidiary of Orascom Development Egypt (ODE), through an English investment fund and one of GB Capital companies owned by Raouf Ghabbour, in a move valued at USD 50 mn (EGP 787.1 mn).

HAC Gets Work on CFC Mall’s New Extension

A consortium of Hassan Allam Construction (HAC) and Consolidated Contractors Company (CCC) was awarded a new tender to the 29,249-square-meter extension of New Cairo's Cairo Festival City (CFC) Mall, or "Festival Avenue."

Phase I of New Zayed’s Karmell Sells Out on Launch Day: SODIC

Sixth of October Development and Investment Company (SODIC) sold out the first batch of residential units at its newest 240-acre west Cairo project in New Zayed, dubbed "Karmell," on the first day of launch on December 16.

ODE Sells 35.25% Stake in Subsidiary for Almost EGP 129 mn

Orascom Development Egypt (ODE) has signed off on selling a 35.25% stake in its subsidiary New City Housing and Development Company (NCHD), at a total cost of EGP 128.6 mn, in line with its strategic plans to reinforce core business areas.

Seef Properties’ Al Liwan Project in Bahrain Nears Completion

Bahrain’s Seef Properties CEO Ahmed Youssef has revealed that construction on its mixed-use project, "Al Liwan" is nearing completion for the official opening in Q1 2021.

Al Arabia Constructs 50% of All its Property Projects Nationwide

Al Arabia Company for Real Estate Development has announced the completion of 50% of work on all of its real estate projects in New Cairo, coinciding with the celebration of its 17th anniversary as the Egypt-based developer offers potential clients with payment schemes of up to 72 years.

SODIC to Bring New Innovative Office Lease Solution to Egypt

Sixth of October Development and Investment Company (SODIC) has partnered with the largest office furniture and interior/exterior systems manufacturer in the Middle East, Mobica, to bring a new office concept and an innovative lease solution for small- and medium-sized enterprises (SMEs).

Al Ahly Sabbour Inks USD 100 mn Facility Management Deals

Al Ahly Sabbour Developments and UAE-based Eltizam Asset Management Group have agreed on two joint ventures (JVs), with a combined value of USD 100 mn (EGP 1.57 bn), for the provision of integrated facility and community management services to four of the former Egyptian developer's projects across the country.

IC Group Starts Delivery of New Cairo’s Life Mall to Open in Q1 2021

IC Group has commenced the handover of its 4,800-square-meter commercial project in New Cairo, or "Life Mall," in a bid for official opening and operation in Q1 2021.

Page 386 of 534

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password