News / Developers

Carrefour Unveils New Stores to Expand Footprint in Egypt

Carrefour has opened its 53rd branch in Egypt, further anchoring its commitment to supporting the growth and development of the local community by offering various choices of quality products at affordable prices.

Emaar’s Address Makes Debut in North Coast with New Resort

Emaar Hospitality Group's Address Hotels & Resorts has made a debut on Egypt's North Coast with its first resort in Egypt, called “Address Marassi Golf Resort," after seven months of steady construction work.

MIP’s Allure Logs EGP 200 mn Sales Within 48 Hrs of Launch

Misr Italia Properties (MIP) has uncovered posting EGP 200 mn in sales of Allure Executive Offices - the latest addition to its integrated administrative complex, or Cairo Business Park - within its first 48 hours of launching.

Savills to Manage, Market West Cairo’s Ivory Business Park

International real estate consultancy firm Savills has been appointed to offer property management and agency services for west Cairo's Ivory Business Park (IBP), which is set to launch mid-2021.

ACUD Awards EGP 140 mn Tender for Solar Systems in NAC

The Administrative Capital for Urban Development (ACUD) has selected Benha Electronics and Suntech Egypt to build phase I of solar power systems on some public buildings in the New Administrative Capital (NAC), at an investment cost of EGP 140 mn.

Al Ahly Sabbour Delivers 362 Homes in Amwaj

Al Ahly Sabbour Development has successfully delivered 362 residences in its North Coast flagship project, or "Amwaj," bidding to handover 577 others before year-end, as part of the fourth phase.

CFCM’s Shoppers to Soon Avail of No-Interest Installment Program

Cairo Festival City Mall (CFCM) and Premium Card have partnered to create a new joint venture to offer the center's shoppers an innovative payment-on-installment program, with zero interest, which is set to kick off in mid-August.

Marseilia Group Almost Entirely Delivers Marseilia Beach 4

Marseilia Group is celebrating the delivery of its North Coast megaproject, called "Marseilia Beach 4," which is being developed over three phases, with the final one scheduled for hand over in 2021.

ODE Adds 2 NIS Schools to O West at Over EGP 500 mn

Orascom Development Egypt (ODE) and Dr. Nermien Ismail Schools (NIS) have joined forces to develop two new international schools in the former Egyptian developer's O West project, at costs exceeding EGP 500 mn.

SODIC Awards Over EGP 1.2 bn Tenders for SODIC East in 2 Yrs

Sixth of October Development and Investment (SODIC) has awarded more than EGP 1.2 bn worth of construction tenders to develop its SODIC East project over the last two years.

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