News / Developers

City Centre Almaza Earns LEED-Gold Certification

East Cairo's City Centre Almaza has been certified LEED Gold by the US Green Building Council (USGBC), denoting proficiency in sustainable design, construction, and operation standards.

MNHD Secures EGP 2.1 bn Loan

Madinet Nasr for Housing and Development (MNHD) has secured an EGP 2.1 bn syndicated loan from three Egypt-based banks in funding for some of the developer's projects in New Cairo.

Majid Al Futtaim to Open City Centre Al Zahia in March

Majid Al Futtaim has postponed the launching of City Centre Al Zahia, located in UAE's Sharjah, to March 2021 due to the COVID-19 pandemic.

El Attal Holding’s Unit Awarded EGP 400 mn Contracts in Q1

El Attal Holding Chairman Ahmed El Attal revealed that his company's unit Attcon Constructions has been awarded contracts worth 400 EGP mn during the first quarter of 2020

Heliopolis Housing Expects EGP 562.129 mn Profits in FY 2020/21

Heliopolis Company for Housing and Development modified its targeted net profit for FY 2020/2021 to be EGP 562.129 mn instead of EGP 1.214 bn

IGI Kicks off 1st Online Virtual Tour

Egypt-based developer IGI Real Estate is launching an online virtual tour for its projects, marking the first of its kind in Egypt

Misr Italia Properties Sends ‘Message of Hope’ to Everyone

Misr Italia Properties (MIP) has sent a “Message of Hope" to everyone amid the coronavirus pandemic crisis, Invest-Gate reports.

CED Awards EGP 138 mn Contract to Construct Etapa Phase II

Egypt's national developer City Edge Developments (CED) has awarded an EGP 138 mn contract to Gama Construction for carrying out construction works of phase II of Sheikh Zayed's Etapa.

First Group to Launch New Project in May

Real Estate Developer “First Group” launches its newest development projects in Sheikh Zayed City, by the end of May 2020, Invest-Gate reports.

Misr Italia Holding Announces Board Restructure

Misr Italia Holding appointed Ahmed Saad El-Deen Abou Hendya as its new non-executive chairman in addition to Mohamed Hany El Assal and Mohamed Khaled El Assal as managing directors and board members, Invest-Gate reports

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