News / Developers

ARQA’s “I Business Park” Project Progresses

ARQA Development Group (ADG) holds its regular follow up meeting on its flagship “I Business Park” to discuss its final details with "CAD" & "Sabbour" companies, Invest-Gate reports.

Ministry of Youth & OAD Unleash The EGP 250mn- NAMMA

Omar Abdullah Developments (OAD) has launched NAMMA, one of the largest integrated service complexes in 6th of October City, Invest-Gate reports.

EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel

The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency-branded hotel in west Cairo.

Mountain View Signs Deal to Develop IT Infrastructure at iCity Projects

Mountain View has signed a strategic cooperation agreement with Huawei Technologies to develop information technology (IT) infrastructure at its “iCity” projects in east and west Cairo, with investments exceeding USD 1 mn (EGP 15.8 bn).

Majid Al Futtaim, valU to Jointly Present ‘Buy-Now-Pay-Later’ Services

UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.

SODIC, AAIB Partner to Offer E-Payment Solutions to Clients

Sixth of October Development and Investment Company (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide customers with e-payment solutions through the developer's official website.

MIP Posts EGP 2 bn Contractual Sales in 2020: CEO

Egypt-based real estate developer Misr Italia Properties (MIP) has managed to record contractual sales of EGP 2 bn in 2020, paired with the delivery of mixed-use units at five different property projects nationwide, despite the Coronavirus-induced slump.

Builderia Signs Deals to Implement NAC’s Paragon

Builderia Development has signed contracts with Schneider Electric, Space Consultants, and Asass Construction for the implementation of its intelligent administrative complex in the New Administrative Capital (NAC), named “Paragon."

Al Marasem Begins Delivery of New Cairo’s Fifth Square Phase I

Al Marasem International for Development has commenced deliveries at the first phase of its New Cairo project, or "Fifth Square," featuring a total of 576 fully-finished residential units (42 buildings).

El Attal Holding’s Unit Secures EGP 1.2 bn Tenders in 2020: Chairman

El Attal Holding Chairman Ahmed Elattal has uncovered that his company’s building arm, Attcon Constructions, has been awarded contracts worth EGP 1.2 bn in 2020.

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