News / Developers

Al Ahly Sabbour Inks USD 100 mn Facility Management Deals

Al Ahly Sabbour Developments and UAE-based Eltizam Asset Management Group have agreed on two joint ventures (JVs), with a combined value of USD 100 mn (EGP 1.57 bn), for the provision of integrated facility and community management services to four of the former Egyptian developer's projects across the country.

IC Group Starts Delivery of New Cairo’s Life Mall to Open in Q1 2021

IC Group has commenced the handover of its 4,800-square-meter commercial project in New Cairo, or "Life Mall," in a bid for official opening and operation in Q1 2021.

Capital Link Plans for Another EGP 200 mn Project in NAC

Capital Link Developments has confirmed plans to introduce its second real estate project in the New Administrative Capital (NAC), named "Dorado," with investments estimated at EGP 200 mn.

Hassan Allam Properties to Sponsor Egypt’s 1st IRONMAN 70.3

Hassan Allam Properties (HAP) has announced its sponsorship of Egypt's first-ever round of the world-class triathlon race IRONMAN 70.3, which will take place on the Red Sea coast of Hurghada on November 19, 2021.

Badreldin Aims to Deliver West Cairo’s Kayan Compound in 2022

Badreldin Developments is on the verge to launch a new phase of its 100-acre residential compound in west Cairo's Sheikh Zayed, dubbed "Kayan," with plans to begin deliveries in 2022.

New Plan in Talks Over 2nd Real Estate Project in Port Said

New Plan Developments is currently in negotiations to take up its second real estate project in Port Said, as part of a cooperation protocol previously signed with the governorate.

Reedy Intends to Deliver Phase I of New Cairo Project Before 2021

Egypt-based real estate developer Reedy Group has revealed plans to start handing over phase I of its contemporary gated community in New Cairo, or "Azzar," thereby delivering almost 70% of the project's total residential units.

Mountain View to Get Started on Heartwork Project in Q1 2021: Chairman

Mountain View Chairman Amr Soliman has unveiled plans to commence work on Egypt's “first international business hub” in New Cairo, called "Heartwork," in Q1 2021, in a bid for delivery before 2022.

Mostakbal City Sees Inauguration of 1st Education Project’s Temporary HQ

New Cairo's Mostakbal City has witnessed the inauguration of the temporary administrative headquarters of the new smart city's first educational component by El Rabwa for Integrated Educational Services.

Egypt Economic Summit Sees Bright Future for Local Real Estate Sector

Egypt Economic Summit has discussed the future of the country's real estate sector amid the Coronavirus woes, highlighting the benefits of the health crisis on the market.

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