News / Developers

Cityscape Egypt Is Back This November

Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.

Egyptian Real Estate Firms’ Profit Hit by Corona

Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavirus crisis

Sabbour Consulting to Oversee Mixed-Use Tower Project in NAC

Egypt-based Sabbour Consulting has agreed to oversee the construction of a mixed-use tower project in the New Administrative Capital (NAC), dubbed "I Business Park."

PHD, NBE Partner for EGP 1 bn Facility Deal

Palm Hills Developments (PHD) has inked an EGP 1 bn facility agreement with the National Bank of Egypt (NBE), while still aiming to meet the EGP 1.5 bn net debt target by year-end.

Lions Group Acquires Plots for EGP 50 mn West Cairo Project

Egyptian real estate developer Lions Group has acquired six land plots on the Cairo-Alexandria Desert Road to carry out a residential project in west Cairo's 6th of October City, at an estimated cost of EGP 50 mn.

Hyde Park Rolls Out New Project in West Cairo

Hyde Park Developments continues with its urban expansion plans and heads west Cairo with "Tawny,” its latest villas-only project in 6th October City.

Maxim Signs Deals to Finalize Building of Bo Islands

Maxim Real Estate Investment (MREI) has signed some collaboration protocols with merely five Egypt-based real estate contractors to finalize construction of its integrated project on the North Coast, or "Bo Islands."

TMG Holding’s Unit Partners With 2 Banks for East Cairo Projects

Talaat Moustafa Group (TMG) Holding's unit the Arab Company for Projects and Urban Development has partnered with the National Bank of Egypt (NBE) and Banque Misr to develop projects in east Cairo's Rehab and Madinaty cities, at a total cost of EGP 4 bn.

Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis

Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coronavirus pandemic.

Master Group Plans for 5 New Projects Across Egypt: CEO

Egypt's real estate developer Master Group has announced plans to implement new projects in the New Administrative Capital (NAC), North Coast, Upper Egypt, and South Sinai by 2021.

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