News / Developers

City Edge Developments Announces Management Changes

City Edge Developments (CED) has appointed Amgad Hassanein to the position of CEO to succeed Amr El Kady who has resigned his position

Elsewedy Electric Unit Inks Deal for CFC Podium 2

Elsewedy Electric said its subsidiary Rowad Modern Engineering (RME) has signed an EGP 638.4 mn contract with Al Futtaim Commercial and Administrative Centers (AFCAC) for building and engineering works of office buildings at Podium 2 in east Cairo.

SODIC Uncovers 1st Town in 500-Acre New Zayed Project

Sixth of October Development and Investment Company (SODIC) is set to reveal “VYE,” the first of three neighborhoods that make up its newest 500-acre integrated project in New Zayed.

Mousa Coast Sees EGP 100 mn Investments in 2019

Egypt's Mousa Coast Developments has announced the delivery of 110 residential units at its South Sinai beach resort "Mousa Coast," with investments amounted to EGP 100 mn in 2019.

Cornerstone Makes Debut with 1st Project in NAC

Egypt’s property developer Cornerstone Development has made debut with its first project in the Egyptian real estate market, "The Curve," located in the New Administrative Capital (NAC).

Jumeirah Group Adds Italy’s Capri Palace to Global Portfolio

Jumeirah Group, a subsidiary of Dubai Holding, has announced its appointment to manage and operate the iconic Capri Palace in Anacapri, Italy, marking the company’s sixth European hospitality outpost.

Zahraa Maadi Eyes Integrated Compound in New Heliopolis

Egypt-based Zahraa Maadi Investment and Development plans to build a 34-acre integrated residential and commercial development in New Heliopolis, east Cairo.

DAMAC Introduces Ready-to-Move Apartments in Dubai

DAMAC Properties has launched "High Gardens," a collection of limited-edition, ready-to-move terrace apartments, situated at the heart of its 42-mn square feet master development in Dubai, DAMAC Hills

NAC’s Castle Landmark Sees EGP 100 mn Before Year-End

Egypt-based Castle Development has allocated about EGP 100 mn to complete 15% of construction works at phase I of Castle Landmark in the New Administrative Capital (NAC) before year-end

Majid Al Futtaim Plans for EGP 16 bn Investments in Egypt

UAE retail conglomerate Majid Al Futtaim CEO Alain Bejjani has revealed planned investments worth EGP 16 bn (USD 996.26 mn) in Egypt over the next two to three years, EGP 14 bn (USD 866.64 mn) of which will be allocated for a single mall in Cairo.

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