News / Developers

Ora Developers Unveils 1st Multi-Tower Development in Sheikh Zayed

Egyptian tycoon Naguib Sawiris’ Ora Developers officially kicked off on May 23 its first mixed-use residential project, ZED, located in 6th of October City's Sheikh Zayed, west Cairo, with investments amounted to EGP 35 bn.

Iwan Developments to Launch 2 Residential Projects Outside West Cairo

Iwan Developments unveiled on May 22 its intentions to launch two new residential projects in New Cairo and Ain Sokhna, following the allocation of lands in these areas last February.

UAE’s Lootah Introduces Modern Lifestyle Compound in Jumeirah

UAE-based Lootah Real Estate Development has announced plans to launch "Living Garden," a modern lifestyle compound comprising affordable studios and one-bedroom apartments, in the up-and-coming neighborhood of Jumeirah Village Circle (JVC)

SODIC Revenues Grow 84% in Q1 2019

Sixth of October Development and Investment (SODIC) reported on May 19 a sharp rise of 84% YoY in its Q1 2019 revenues, logging EGP 941 mn, compared to EGP 512 mn in the year-ago period, on the back of early handovers at one of its New Cairo projects.

UAE’s Arabtec Construction Wins AED 219 mn India Tower Project

UAE-based Arabtec Holding, a leading contractor for social and economic infrastructure, announced on May 23 that its wholly owned subsidiary Arabtec Construction has been awarded an AED 219 mn project in India from Raheja Developers.

Emaar Starts Construction on Dubai’s Arabian Ranches III

UAE-based Emaar Development has broken ground on Arabian Ranches III, the latest phase of the premium gated villa community in Dubai, after setting a record sell-out response from investors and homebuyers with its first two neighborhoods, "SUN" and "JOY."

Arkan Palm, Gensler Sign Deal to Develop Designs for 205-Acre Project

Arkan Palm for Real Estate Investment Company, a subsidiary of Palm Hills Developments, and Gensler, a global design and architecture firm, signed on May 22 a contract to develop designs and a detailed masterplan of the former's 205-acre project in Sheikh Zayed, west Cairo.

Master Group Plans for Largest Water Park in Ain Sokhna

Master Group revealed its plan for the establishment of the largest water park city, Ibiza Chillout, in Ain Sokhna, with investments up to EGP 3 bn

Jdar Group Launches Sea View North Coast Phase II

Jdar Group announced on May 19 the launch of the second phase of its 137-acre residential project, Sea View North Coast

Mariout Hills to Establish 1st Sports Medicine City

Mariout Hills Development, a subsidiary of Mariout Hills Group, is preparing to establish the first sports medicine city with a total investment of EGP 162 mn in its sustainable city project in New Alamein, North Coast

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