News / Developers

Beta Egypt Lists 100 West Cairo Units Under CBE Initiative

Beta Egypt for Urban Development and Banque Misr have partnered to provide mortgage services for the Egypt-based developer's various gated communities in west Cairo's October Gardens, thereby listing 100 residential units under the Central Bank of Egypt (CBE) real estate financing initiative.

Maxim, McARTHUR Partner for Shopping Centers Management

Egypt-based Maxim Consultancy has signed an agreement with McARTHUR + COMPANY to manage and market its shopping centers in Egypt, starting with Maxim Mall in New Cairo.

Emaar, Arada Kick Off Sale of Vida Residences Phase I

Emaar Hospitality, the hospitality arm of Emaar Properties, and UAE-based Arada have officially launched the first phase of off-plan sales for "Vida Residences Aljada," marking Sharjah’s first-ever branded residences.

Doja Uncovers 3rd Mixed-Use Project in NAC

Egypt-based Doja Developments has uncovered its third project in the New Administrative Capital (NAC), extending over an area of 3,000 square meters in the Downtown District and comprising an array of administrative, medical, and commercial properties.

Hassan Allam Consortium Secures Work for Cairo Metro Line IV

Egypt's Hassan Allam Holding (HAH) has announced that its subsidiary, Hassan Allam Construction, was awarded a new contract for some work on the first phase of Cairo Metro Line IV.

ODE Seals USD 265 mn Loan Agreement

Orascom Development Egypt (ODE) has sealed a medium-term loan deal worth USD 265 mn (EGP 4.1 bn) to refinance outstanding debt and bankroll growth plans.

Emaar Misr Gets Nod on EGP 40 bn Investment Zone

The General Authority for Investment and Free Zones (GAFI) has ratified the establishment of a new investment zone for Emaar Misr for Development, with EGP 40 bn worth of investments.

ARDIC Intends to Deliver Phase I of Zizinia El Mostakbal in June 2022

ARDIC for Real Estate Development and Investments has announced plans to deliver phase I of east Cairo's Zizinia El Mostakbal project, including 500 residential units, in June 2022, with intentions to finish the entire compound before 2024.

MG Developments Selects 3 Foreign Firms to Finish New Cairo Project

MG Developments has revealed contracting with several leading companies to complete internal and external finishes of its fully-fledged administrative/commercial complex in New Cairo, called Headquarters Business (HQ).

Pyramids Developments to Raise NAC’s Grand Square for Lease in 2021

Pyramids Developments has uncovered that its mixed-use project in the New Administrative Capital (NAC), or "Grand Square Mall," will be ready to be put up for operational lease by January 2021.

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