News / Developers

Ellington Properties Inks AED 150 mn Deal for New Tower in Dubai

UAE’s design-led boutique developer Ellington Properties has signed an AED 150 mn deal with entrepreneur Abdul Razeq Abdul Ahad, through Déjà Vu Real Estate, a real estate brokerage, to build a new residential tower in Dubai.

Pyramids Developments Unveils 5th Commercial Project in NAC

Pyramids Developments has unveiled Paris East Mall, its fifth commercial project in the New Administrative Capital (NAC), with sales exceeding EGP 1.5 bn in less than 48 hours.

Majid Al Futtaim Releases Private Cinema in Dubai

UAE's retail developer Majid Al Futtaim, in collaboration with Kempinski Hotel Mall of the Emirates, has opened its brand-new private cinema, offering a personalized movie watching experience, along with a lavish dining lounge.

Emaar Unveils New Rental Concept for Holiday Homes

Dubai-based Emaar Properties has announced the introduction of a new rental concept, called "Ease by Emaar," offering holiday home seekers a short-term lease to relish a premium lifestyle at upscale units in its integrated communities across UAE.

Palm Hills Appoints Mohamed Fahmy as COO

Egypt's real estate development company Palm Hills Developments (PHD) has appointed Mohamed Fahmy as Chief Operating Officer (COO) and an executive member of its board of directors, with immediate effect

Inertia Unveils Seacliff Phase I in Jefaira

Egypt's property developer Inertia is launching the first phase of Seacliff neighborhood in Jefaira, its integrated community on the North Coast.

Cairo Festival City to Offer Triple Play Services Early 2020

Al-Futtaim Group Real Estate and Etisalat Misr have agreed to provide triple play services for Cairo Festival City, New Cairo, by early 2020, facilitating the provision of data communication services and high-speed broadband

Palm Hills Records Higher Profits in H1

Egypt's real estate developer Palm Hills Developments (PHD) posted a 3% rise in net profits after tax and minority interest in H1 2019, hitting EGP451 mn.

Marseilia Group Celebrates 20th Anniversary with Saber El Rebai

Marseilia Group has celebrated its 20 years of success in a grand entertaining event, where superstar Saber El Rebai took the stage of Marseilia Beach 4 on the North Coast, for a round of echoing melodic songs.

Elsewedy Electric, Toyota to Build 2 Solar Plants in Zambia

Elsewedy Electric for Trading and Distribution, a subsidiary of Elsewedy Electric, inked a contract with Toyota Tsusho Corporation on August 28 to jointly design and construct two 50-megawatt photovoltaic power plants in Zambia, attempting to make them the largest ever in Africa

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