News / Developers

Amer Group Names Porto Club for Sports Investment CEO

Amer Group has announced the appointment of Hassan Elaroussy as the CEO of its subsidiary Porto Club for Sports Investment, aiming to develop a sporting club in its Porto Said project on the Mediterranean Sea.

MNHD’s Presales Jump 83% in H1 2020

Egypt's Madinet Nasr Housing and Development (MNHD) has unveiled that its presales stood at EGP 3.77 bn in H1 2020, going up by 83% YoY from EGP 2.06 bn in the year-ago period.

IDG Presents Egypt’s 1st Eco-Sustainable Industrial Park

Industrial Development Group (IDG) has announced the launch of Egypt’s first eco-sustainable park, called "e² Alamein," to be developed over 2.7 square kilometers in the North Coast's New Alamein.

TMG Holding’s Managing Director, Executive VP Resigns After 5M in Role

Amr El Kady has stepped down as managing director and executive vice president of Talaat Moustafa Group (TMG) Holding, after less than five months in the position.

Minka to Launch its Largest Project in East Cairo in 2M

CEO of Minka Development Abdullah Salam said the company is on the verge to finalize its "latest and largest project" in east Cairo, attempting for launching within the next couple of months.

Savills to Property Manage Bahrain’s Enma Mall

UK-based property advisor Savills has been appointed by one of Bahrain's leading shopping destinations, Enma Mall, as its exclusive property management and leasing services manager.

Sales of Hometown’s LaFayette Mall to Begin on July 2

Egypt-based Hometown Developments said it will begin contract sales of its newest commercial development in the New Administrative Capital (NAC), named “LaFayette Mall," on July 2.

Mountain View Releases Crete Islands at Ras El Hikma Project

Mountain View (MV) has released the latest phase of its flagship project on the North Coast, dubbed "Crete Islands," after the success of Mykonos, Santorini, Samos, and other Greek-inspired communities within Mountain View Ras El Hikma.

MIP Signs Deal for Cairo Business Park’s Digital Infrastructure

Misr Italia Properties (MIP) has partnered with Etisalat Misr to implement high-tech communication and digital infrastructure at its integrated administrative complex in New Cairo, Cairo Business Park.

EFG Hermes, Qasatli to Issue EGP 1.8 bn Securitized Bonds

EFG Hermes has partnered with newly set-up mortgage finance company Qasatli to issue five-year securitized bonds, worth EGP 1.8 bn.

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