News / Developers

SP Mideast Awarded AED 1.53 bn Abu Dhabi’s Qaryat Al Hidd

Saadiyat Development and Investment Company (SDIC) awarded on June 25 an AED 1.53 bn construction contract to Shapoorji Pallonji Middle East (SP Mideast) for the 160,000-square-meter Qaryat Al Hidd project on Abu Dhabi's Saadiyat Island

Al Riyadh Misr Awards Free Gardens for Buyers During AFCON 2019

Egypt-based Al Riyadh Misr for Real Estate Development is awarding a free 30-square-meter garden for those buying units at its projects in Shorouk City and New Cairo during the 2019 Africa Cup of Nations (AFCON)

Steigenberger Hotels Unveils New Property in Cairo

Deutsche Hospitality's luxury brand Steigenberger Hotels and Resorts is growing its portfolio in Egypt with its 12th hotel venture, "Steigenberger Pyramids Cairo," nestled amidst Giza Pyramids and Grand Egyptian Museum.

Heliopolis Housing Sells EGP 259 mn Plots in Sheraton 

Heliopolis Company for Housing and Development (HHD) has achieved EGP 259 mn from auctioning plots in Sheraton, Heliopolis, selling about 1,980 square meters of the firm's land bank

Thomas Cook to Soon Debut 2 New Hotels in El Gouna

Thomas Cook Group plans to open two new hotels within a couple of months in El Gouna, Hurghada, notably Cook’s Club and Casa Cook, as popularity augments for the all-year-round destination among vacationers.

Samcrete Negotiates with 3 Foreign Firms to Run Pyramids Hospital 

Egypt-based Samcrete Development is currently negotiating with three international firms to run Pyramids Hospital in 6th of October City, west Cairo, with the company's name will be announced before year-end

DAMAC to Launch New Luxury Homes in Dubai’s Business Bay

Dubai-based real estate developer DAMAC Properties has announced plans to officially launch its new luxury residential project in Dubai’s Business Bay, "Zada," as of June 29, allowing potential buyers to pay eased monthly installments over five years.

Global Pioneers Starts Constructing EGP 750 mn Mall in NAC

Global Pioneers Real Estate Investment, an affiliate to UAE-based Pioneer International Group, has begun the construction of the first commercial center in MU23 district at the New Administrative Capital (NAC), at costs amounted at EGP 750 mn.

Better Home Opens New Cairo’s MidTown Mall

Egypt's Better Home Group inaugurated on June 21 MidTown Mall in New Cairo, coming simultaneously with the kickstart of the 2019 Africa Cup of Nations (AFCON).

Jadeer to Launch 2nd Phase of New Cairo’s Swara

Jadeer Real Estate Group aims to launch the second phase of its New Cairo mini-compound Swara next summer, after the complete sale of the project's first phase.

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