News / Developers

First Group Mulls New Project in NAC

Egypt's property developer First Group considers the implementation of an administrative project in the New Administrative Capital (NAC) in the coming period.

Progate Uncovers EGP 2 bn Zavani in NAC

Progate Development launched on March 27, the first day of Cityscape Egypt 2019, its newest residential project in the New Administrative Capital (NAC), Zavani.

MNHD Sells Plot in Taj City to Develop Apartment Hotel

Madinet Nasr Housing and Development (MNHD) announced on March 26 that it will sell a non-residential plot in Taj City, east Cairo, to Minka Real Estate Investment for EGP 184.8 mn, in a bid to develop the first hotel apartments building within the compound.

Dubai’s Sobha Realty Enters UK with New Sales Office

Dubai-based property developer Sobha Realty has made its debut in the UK market with the launch of Sobha Global Studio in Central London's Mayfair district, covering 4,800 square meters.

Akam Developments Plans to Launch 2nd Project in NAC

Egypt-based Akam Developments has announced plans to launch its second residential project in the New Administrative Capital (NAC), following the success it garnered from its previously released project, Scenario.

SAK Developments Targets EGP 500 mn in Sales of Sueño in 2019

SAK Developments targets EGP 500 mn in sales of its Sueño compound in the New Administrative Capital (NAC) in 2019.

Cairo Festival City Reveals Projects Updates During Cityscape Egypt

Cairo Festival City, one of Al-Futtaim Group Real Estate’s projects in Egypt, held a press conference on March 27 at Cityscape Egypt to showcase its array of projects at the real estate exhibition and reveal the latest updates on them.

New Plan Developments Unveils 3rd Project in NAC

Egypt-based New Plan Developments launched on March 27 its third project in the New Administrative Capital (NAC), ATIKA, on the sidelines of Cityscape Egypt.

Marriott International Expands KSA Foothold With New Additions

Marriott International and Saudi-based Dur Hospitality have announced the opening of Riyadh Marriott Hotel Diplomatic Quarter and Marriott Executive Apartments Riyadh, Diplomatic Quarter, marking the fifth collaboration between both entities.

Madaar Development Inks Deal to Establish Azha’s Security System

Madaar Development officially signed on March 27 a partnership agreement with Egypt's mobile community platform iCommunity, attempting to establish an advanced security system for residents of Ain Sokhna's Azha.

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