News / Developers
Sodic Delivers Phase 2 of Eastown Units in July
Six of October Development and Investment (Sodic) announced that it will deliver phase II units of Eastown projects in New Cairo in July 2016.
El Safwa Targets Selling EGP 200M of Residential Projects in New Cairo
El Safwa Real Estate Investment Company is currently targeting the selling of 25 villas in Al Andalus area, in New Cairo, for EGP 200 million.
Darna Targets EGP 400 M worth of Sales in Long Island in Matrouh
Darna for Real Estate Investment and Contracting is currently executing its first ever touristic project in Marsa Matrouh City, Long Island Village.
NUCA to Collaborate with Mountain View to Develop iCity Project
The New Urban Communities Authority (NUCA) Board will issue within days a ministerial order to develop the iCity project with investments worth EGP 31.97 billion ($ 3.6 billion), in collaboration with the Saudi-Egyptian Alliance Mountain View-Sisban.
Wadi Degla Launches EGP 350 M Promenade Maadi
Wadi Degla Developments, part of Wadi Degla Holding Company, has launched Promenade Maadi Compound, a residential project in Zahraa Maadi, worth EGP 350 million in investments.
Arab Contractors and El Eman to Build 600 Residential Units in Red Sea
The Arab Contractors and El Eman Construction Companies have won a bid to execute 600 residential units, in the Red Sea governorate, with a cost of EGP 99 million.
Government, Developers Begin Pricing Negotiations over Administrative Capital Land
Administrative Capital City for Urban Development, the company managing the new administrative capital, has started negotiations with real estate developers over pricing dynamics of lands in the new capital. Wadi Degla to Begin Construction of EGP 13M Neopolis Project
Wadi Degla Developments has begun construction of its Neopolis project, with investments worth EGP 13.3 billion ($1.5 billion), the company announced in a press statement.
