News / Developers

Invest-Gate Gains Ground With its 2nd Real Estate Roundtable

Held under the auspices of the Minister of Housing, Utilities & Urban Communities, Invest-Gate hosted its second roundtable "Real Estate Tourism Development" on October 23 and was successfully received

Dubai’s Nakheel Breaks Ground on AED 713 mn Dragon Towers

Dubai-based property developer Nakheel has broke ground on its AED 713 mn Dragon Towers project in the Dragon City mixed-use community in Dubai

Grand Plaza Invests EGP 5 bn in La Mirada El Mostakbal: CEO

Egypt-based Grand Plaza for Real Estate and Tourism Investment has pumped investments worth EGP 5 bn in La Mirada El Mostakbal in east of Cairo, of which EGP 1.5 bn were allocated for the land's cost and EGP 3.5 bn for the implementation process

US Firm Values Orascom’s El Gouna Assets at USD 2.1 bn

Orascom Development Holding (ODH) said that a new report by a US firm has valued its land banks and 17 hotels at the Red Sea resort of El Gouna at USD 2.1 bn, 42 times its current book value

Heliopolis Housing Approves EGP 1.2 bn Loan

Heliopolis Company for Housing and Development said its board of directors approved on October 17 a long-term loan worth about EGP 1.2 bn from a national bank, to be reimbursed in seven years and a half

Master Group Markets 80% of “The City” in New Capital

Egypt's property developer Master Group says that it has marketed 80% of its flagship "The City" in the New Administrative Capital, aiming to complete the project's marketing by the end of October

Capital Group Properties Inaugurates Alburouj Cultural Hub

Capital Group Properties (CGP), owned by Abu Dhabi Capital Group (ADCG) and Al Ain Properties, has announced the inauguration of "Alburouj Cultural Hub" at its Alburouj project in El Shorouk city

Edge Holding Plans to Invest EGP 25 bn in New Projects

Egypt-based Edge Holding for Urban Development plans to invest nearly EGP 25 bn in Egypt's real estate market in the next 10 years, intending to implement residential skyscrapers in New Alamein as well as another project in Ain Sokhna

Emaar Misr Launches 2nd Phase of Mivida Business Park

Emaar Misr has launched the second phase of Mivida Business Park in Mivida’s fully-integrated community in New Cairo, presenting a modern twist in commercial office spaces

Nozha Group Plans to Invest EGP 3 bn in Tourism Sector

Nozha Group CEO Abdallah Al Maghraby said his company is eyeing investments worth about EGP 3 bn in touristic and real estate projects in Cairo as well as Ras Sudr in Southern Sinai

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