News / Developers

Emaar Launches New Waterfront Homes at Dubai Creek Harbour

UAE's property developer Emaar has launched Palace Residences, a five-star waterfront branded residence development, within its 6-square-kilometer mega-development, Dubai Creek Harbor, describing it as "The World of Tomorrow."

Cleopatra Hospital to Sign New Lease Agreement in East Cairo

Cleopatra Hospital Group is planning to sign a long-term lease agreement for a 50-bed hospital in East Cairo by February.

TMG Holding’s Sales Hike 62% in 2018

TMG Holding reported on January 2 that its overall sales jumped 62% YoY to EGP 21.3 bn at the end of December 2018 from EGP 13.1 bn in 2017.

Hassan Allam Awarded New Project in NAC

Egypt-based Hassan Allam Construction (HAC) has announced a new project award for the development of the Commercial International Bank’s (CIB) new headquarters project in the New Administrative Capital (NAC).

Sorouh Gets Ministerial Approval for NAC’s Entrada Compound

Egypt-based property developer Sorouh Developments has obtained a ministerial approval for implementing Entrada residential project, which spans over 72 acres, in the New Administrative Capital (NAC).

SECON to Start Implementing New Project in NAC by H2 2019: CEO

Saudi Egyptian Construction Company (SECON) has announced plans to start implementing a new residential project named Bleu Vert in the New Administrative Capital (NAC) during the second half of 2019.

ODE Sells Stakes in Makadi to Reduce Debt Balance

Orascom Development Egypt (ODE) has finalized the sale of its stakes in two hotels and a land plot in its Makadi destination on the Red Sea coast, attempting to reduce its debt balance

ALDAU Development Kicks Off First Open Art Exhibition in Hurghada

Egypt's hospitality and property developer ALDAU Development, member of Sami Saad Holding, has opened its newest talent hub and the first walkaway in Hurghada, ALDAU Art Promenade, whereby it aims to become a supporter for innovation, creativity, and local artists.

Mostakbal City to Have New Educational Project

El Mostakbal for Urban Development has signed a contract on December 24 with Egypt's Advanced Educational Services to develop an educational project inside Mostakbal City in east Cairo

City Edge to Invest EGP 1 bn in Sheikh Zayed’s Etapa in 2019

City Edge Developments CEO Amr El Kady says his company intends to pump EGP 1 bn investments in Sheikh Zayed's Etapa project in west Cairo next year

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