News / Developers

Marakez to Uncover AEON Towers’ Final Phase in October

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, will launch the last phase of west Cairo's AEON Towers next month, while AEON Courtyards’ first phase is set to be delivered in December, ahead of schedule

El Gouna’s Hotels Fully Occupied During GFF

Orascom Development Holding (ODH) has announced that occupancy rates of El Gouna’s hotels and residential units hit 100% during the period of El Gouna Film Festival (GFF), to be held from September 19 to 27.

The Lounge, Burj Khalifa Sets New Guinness World Record

The Lounge, Burj Khalifa has officially been verified by Guinness World Records (GWR) as the world's "Highest Lounge in a Building."

Eagle Hills Diyar Finalizes Vida Superstructure Works

Bahrain-based developer Eagle Hills Diyar recently celebrated a significant milestone, with the completion of the superstructure works for Vida Marassi Al Bahrain two months ahead of schedule.

SODIC Launches ‘The Estates’ in New Zayed

Sixth of October Development and Investment Company (SODIC) has launched its newest signature project in New Zayed, or “The Estates," debuting a series of new projects to be developed in the newly-introduced area in west Cairo.

World’s 1st Serviced Long-Stay Property to Open in Riyadh

Fairmont Hotels and Resorts, an affiliate to Accor Hotel's chain, has teamed up with Saudi Arabian conglomerate Naif Alrajhi Investment Company to launch the world's first standalone luxury long-stay property at Fairmont Ramla Serviced Residences, Riyadh

Porto Group to Implement EGP 3 bn Project in Assiut

Porto Group's subsidiary, Porto Assiut Tourism Development, has signed an agreement with New Urban Community Authority (NUCA) to purchase a land plot in Assiut, Upper Egypt, for the implementation of an EGP 3 bn project.

SODIC to Launch EGP 34 bn Projects in New Zayed

Sixth of October Development and Investment Company (SODIC) has revealed its future plans to launch four additional projects in New Zayed, west Cairo, pumping investments worth EGP 34 bn over ten years.

PHD, JBI Partner for Badya’s Project Management

Egypt's real estate developer Palm Hills Developments (PHD) signed on September 10 a service agreement with Julius Berger International GmbH (JBI) for project management of Badya in 6th of October City, west Cairo.

Porto Group Officially Launches Golf Porto Cairo

Porto Group celebrated on September 7 the official launch of Golf Porto Cairo, its latest project in Mostakbal City, east Cairo.

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