Al Ahly Sabbour Development has successfully delivered 362 residences in its North Coast flagship project, or "Amwaj," bidding to handover 577 others before year-end, as part of the fourth phase.
Cairo Festival City Mall (CFCM) and Premium Card have partnered to create a new joint venture to offer the center's shoppers an innovative payment-on-installment program, with zero interest, which is set to kick off in mid-August.
Marseilia Group is celebrating the delivery of its North Coast megaproject, called "Marseilia Beach 4," which is being developed over three phases, with the final one scheduled for hand over in 2021.
Orascom Development Egypt (ODE) and Dr. Nermien Ismail Schools (NIS) have joined forces to develop two new international schools in the former Egyptian developer's O West project, at costs exceeding EGP 500 mn.
Sixth of October Development and Investment (SODIC) has awarded more than EGP 1.2 bn worth of construction tenders to develop its SODIC East project over the last two years.
Demand for Orascom Development Holding'S (ODH) El Gouna remained strong in Q2 2020, marking a 27.4% rise in total sold and reserved units versus the year-ago period, with total sales and presales hitting EGP 924.58 mn.
Saudi Egyptian Developers (SED) has announced that its flagship project in the western desert extension of Lake Dairout, called "Sawary New Alexandria," has raised EGP 2.6 bn in sales in H1 2020, surmounting the Coronavirus-induced slump.
Madinet Nasr Housing and Development (MNHD) has nodded a previously-signed 25-year agreement with Total Egypt to lease a 3,000-square-meter land in its New Cairo compound, Sarai, adding up to the latter’s 7,000-square-meter gas service station.
Amer Group has announced the appointment of Hassan Elaroussy as the CEO of its subsidiary Porto Club for Sports Investment, aiming to develop a sporting club in its Porto Said project on the Mediterranean Sea.
Egypt's Madinet Nasr Housing and Development (MNHD) has unveiled that its presales stood at EGP 3.77 bn in H1 2020, going up by 83% YoY from EGP 2.06 bn in the year-ago period.
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