News / Developers

The Waterway Releases EGP 4 bn Business Hub in New Cairo

Egypt's property developer The Waterway has rolled out its latest integrated business hub in New Cairo, called “5A,” with investments valued at EGP 4 bn, fusing administrative, commercial, and recreational services in one spot.

Masdar City Opens New Central Park Community

Abu Dhabi's Masdar City has inaugurated its Central Park during "The Festival," which took place from January 16 to 18

Brickzey Posts EGP 3.5 bn Contractual Sales in 2019

Brickzey Property Management CEO Ahmed Selim said the company logged EGP 3.5 bn worth of sales in 2019, marking an EGP 1 bn hike compared with the year-ago period.

MNHD Achieves EGP 6.3 bn Presales in 2019

Madinet Nasr for Housing and Development (MNHD) recorded a 15% boost in its presales activities (i.e primary contracts and reservations) year-on-year to log EGP 6.3 bn in 2019.

GFH Properties Starts Delivery of 150 Villamar Units in Bahrain

GFH Properties, the real estate arm of GFH Financial Group, has released a new residential tower at its iconic Villamar project, primely located on the Manama waterfront, Bahrain.

Elsewedy Electric Unit Nods EGP 1.2 bn Works in Cairo

Egytech Cables, a subsidiary of Egypt's Elsewedy Electric, has inked an EGP 1.2 bn deal to upgrade Cairo Regional Control Center on a turnkey basis.

Ashraf Salman Appointed City Edge Chairman

City Edge Developments (CED) said its board of directors (BoD) has approved the appointment of former Investment Minister Ashraf Salman as the company's chairman to replace Hassan Ghanem, who had been selected for the post last month.

Hassan Allam Holding Unit Awarded 7 New Water Contracts in Egypt

Hassan Allam Holding’s (HAH) subsidiary Intech kicked off the new year with seven new contracts for various infrastructure works nationwide.

ACUD, Orange Egypt to Build Africa’s Largest Data Center in NAC

State-run Administrative Capital of Urban Development (ACUD) and Egypt's mobile network operator Orange Egypt have teamed up to set up Africa's largest data center for cloud services in the New Administrative Capital (NAC).

Dubai’s Azizi Riviera Gets AED 88 mn Interior Design Boost

UAE-based Azizi Developments has announced an investment of AED 88 mn to upgrade interiors of homes being built at its flagship Dubai project, called "Azizi Riviera."

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