News / Developers

Mountain View Addresses Occupational Safety & Health to Combat Coronavirus

Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Amr Soliman at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."

Egypt’s Property Exports to Rebound After Coronavirus Storm: Shoukri

Rooya Group Chairman and CEO Hisham Shoukri foresees a strong comeback of real estate exports as the Egyptian property market begin recovering after the coronavirus storm passes, with a special focus on serviced apartments, at Invest-Gate's first virtual roundtable, dubbed “Smart Real Estate Market Amid COVID-19."

El Gouna Hotels to Gradually Resume Operations in May

Orascom Development Holding (ODH) will gradually reopen hotels in its Red Sea resort town of El Gouna for domestic tourism as of May 15, with plans to have all on-site hospitality facilities fully operational almost a week later.

Ora Developers, Orascom Ink Deal for ZED Sheikh Zayed

Ora Developers has signed a deal with Orascom Construction to build the first phase of west Cairo's ZED Sheikh Zayed.

Wasl Releases New Property Leasing App in Dubai

Dubai-based wasl properties has kicked off a new app, called "wasl properties Leasing," enabling clients to find, book, and lease new real estate units online from its extensive portfolio of properties

City Centre Almaza Earns LEED-Gold Certification

East Cairo's City Centre Almaza has been certified LEED Gold by the US Green Building Council (USGBC), denoting proficiency in sustainable design, construction, and operation standards.

MNHD Secures EGP 2.1 bn Loan

Madinet Nasr for Housing and Development (MNHD) has secured an EGP 2.1 bn syndicated loan from three Egypt-based banks in funding for some of the developer's projects in New Cairo.

Majid Al Futtaim to Open City Centre Al Zahia in March

Majid Al Futtaim has postponed the launching of City Centre Al Zahia, located in UAE's Sharjah, to March 2021 due to the COVID-19 pandemic.

El Attal Holding’s Unit Awarded EGP 400 mn Contracts in Q1

El Attal Holding Chairman Ahmed El Attal revealed that his company's unit Attcon Constructions has been awarded contracts worth 400 EGP mn during the first quarter of 2020

Heliopolis Housing Expects EGP 562.129 mn Profits in FY 2020/21

Heliopolis Company for Housing and Development modified its targeted net profit for FY 2020/2021 to be EGP 562.129 mn instead of EGP 1.214 bn

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