News / Developers
Redcon Develops 3 New Administrative Buildings Worth EGP 640 M
Redcon Construction, an Egyptian-based company, is developing three new administrative buildings in New Cairo, with an investment worth EGP 640 million, according to Tarek El-Gammal, Chairman of Redcon, as reported by Amwal Al Ghad.
Ain Sokhna Sees Man-made Crystal Lagoons in Il Monte Galala Project
Developer of the patented Crystal Lagoons has collaborated with Tatweer Misr to develop the first man-made lagoons in Ain Sokhna mountains, Zawya reported.
Presidential Decree Allows Industrial Lands to be Allocated to Investors For Free
A presidential decree issued by President Abdel Fattah Al Sisi dictates that pieces of lands in some industrial zones can be allocated to investors at no cost. The decree was published in the state's official gazette.
‘Serenity’ and ‘Residence’, Latest Hyde Park Major Additions
Chief Executive Officer of Egypt's Hyde Park Properties, Amine Serag, told Al Borsa News that the real estate company is heading towards further expansions in the Egyptian real estate market, through two new projects: "Serenity" and "Hyde Park Residence." Serag also said that his firm is looking forward to expanding throughout the country. “The firm has overcome logistical obstacles and is currently working on a plan to provide solid infrastructure for the Hyde Park projects,” Serag continued.
