News / Developers

MG Developments Selects 3 Foreign Firms to Finish New Cairo Project

MG Developments has revealed contracting with several leading companies to complete internal and external finishes of its fully-fledged administrative/commercial complex in New Cairo, called Headquarters Business (HQ).

Pyramids Developments to Raise NAC’s Grand Square for Lease in 2021

Pyramids Developments has uncovered that its mixed-use project in the New Administrative Capital (NAC), or "Grand Square Mall," will be ready to be put up for operational lease by January 2021.

DM Development Logs EGP 1 bn Sales of The Groove Sokhna Phase I

DM Development posted EGP 700 mn in sales of 400 residential units of The Groove Sokhna Resort’s Brellia Village, along with EGP 300 mn from 102 other homes at phase 1 of the Red Sea project's Sereia, during the third quarter of 2020.

El Mostakbal, Development & Housing Sign Embark on a 30-acre- Project at Mostakbal City

El Mostakbal for Urban Development has authorized Development & Housing Company for Real Estate Investment to develop a 30-acre- integrated urban project as part of Mostakel City's third phase in New Cairo

Cityscape Dubai to Return Today

Cityscape Dubai returns to the World Trade Center today with strict measures to protect visitors from the spread of COVID-19

Cleopatra Awards Design Contract for North Coast’s Smeralda

Egypt's Cleopatra Real Estate, a subsidiary of Cleopatra Group, has awarded US-based architecture firm JZMK Partners the planning and design contract for "Smeralda Bay," its fifth and newest beach community in Sidi Heniesh, North Coast.

SODIC Sells 776 Properties Across Cairo in 9M

Sixth of October Development and Investment Company (SODIC) sold out 776 properties during the first nine months of 2020, bringing gross contractual sales to EGP 4.1 bn and marking a YoY rise of 23% from EGP 3.34 bn in the prior-year period.

Aqar Masr Seals EGP 100 mn Cityscape Deals From NAC Project

Aqar Masr for Real Estate Development has announced sealing EGP 100 mn worth of deals from its first residential project in the New Administrative Capital (NAC), “Anakaji,” during its participation in Cityscape Egypt from November 4-7.

IGI Lists Homes at Ashghar City Under CBE Initiative

IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizing the country's mortgage industry by offering convenient payment facilities for potential buyers.

El Attal Markets 85% of NAC’s Park Lane Project: Vice Chairman

El Attal Holding Vice-Chairman Mohamed Elattal has affirmed selling out 85% of "Park Lane Compoundhood," the company's flagship project in the New Administrative Capital (NAC), which is scheduled for handover in Q1 2021.

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