News / Developers

MNHD Closes EGP 370 mn Securitization Transaction

Madinet Nasr Housing Development (MNHD) closed on December 19 an EGP 370 mn securitized bond issuance by Financial Group for Securitization Company (FGS)

Schneider Global CEO Reviews IL Monte Galala Construction

Schneider Electric’s Global CEO and Chairman Jean-Pascal Tricoire has paid a visit to Tatweer Misr's flagship development in Ain Sokhna, named "IL Monte Galala," to witness construction updates on-site.

Rooya Group Releases Stone Street in New Cairo

Rooya Group has released a new mixed-use project, called “Stone Street,” as part of its flagship project in New Cairo, or the "Stone Development."

SODIC’s New Zayed Project Draws EGP 1 bn Sales

Egypt's Sixth of October Development and Investment Company (SODIC) has sold out EGP 1 bn worth of units at its New Zayed project, called “VYE," in 48 hours only due to the high demand.

City Edge Inks MoUs for Facility, Lease Services in New Alamein

Egypt-based City Edge Developments (CED) has inked three memorandums of understanding (MoUs) with four foreign companies to provide facility management and lease administration services for multiple projects in New Alamein

Arkan’s Expansion Works to Conclude in Q1 2020: Savills

UK-based property advisor Savills Egypt has revealed that expansion works are underway at west Cairo's Arkan, bringing the mixed-use project's built-up area to 260,000 square meters by Q1 2020.

Heliopolis Housing Approves Selling Over 35 Acres to Zahraa Maadi

Heliopolis Company for Housing and Development (HHD) has ratified the selling of 144,816.29 square meters in New Heliopolis, east Cairo, to Zahraa Maadi Investment and Development.

PHD Closes EGP 1.1 bn Loan Facility to Settle Debt

Egypt's property developer Palm Hills Developments (PHD) signed on December 18 a deal with the Commercial International Bank Egypt (CIB) to secure EGP 1.1 bn medium-term loan facility.

«مصر الجديدة للإسكان» توافق على طلب «زهراء المعادي» لشراء قطعة أرض في هليوبوليس الجديدة

صدقت شركة "مصر الجديدة للإسكان والتعمير" على بيع 144,816.29 متر مربع في هليوبوليس الجديدة بشرق القاهرة إلى "زهراء المعادي" للاستثمار والتعمير

Al-Futtaim Breaks Ground on EGP 2 bn Festival Avenue

Al-Futtaim Group has launched the new expansion of Cairo Festival City (CFC) Mall, called "Festival Avenue," in the heart of New Cairo

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