News / Developers

Sunset Hospitality Plans to Enter Saudi, UK Markets

Leading hospitality investment and management firm Sunset Hospitality Group eyes tapping into the Saudi and UK markets in H2 2019, intending to open eight new venues before year-end.

Porto Group Unveils First-of-its-Kind Project in East Cairo

Porto Group celebrated on July 18 the preliminary launch of its latest compound in Mostakbal City, named “Golf Porto Cairo,” featuring for the first time in Egypt a separate yard with each unit and overlooking a one-of-a-kind golf course.

OUD Eyes EGP 300 mn Sales of Summer 2019 Property Exhibitions

Egypt-based Orientals for Urban Development (OUD) targets achieving EGP 300 mn in sales of real estate shows held during summer, starting as of July, participating with a vast portfolio that combines diverse residential, coastal, hotel, and industrial projects.

Living Yards Obtains Ministerial Approval for Developing The Loft 

Egypt-based Living Yards Developments obtained on July 11 ministerial approval for the development of its first flagship project in the New Administrative Capital (NAC), The Loft, which is being implemented with investments estimated at EGP 2.5 bn.

SODIC Establishes New Sporting Club in West Cairo

Sixth of October for Development and Investment (SODIC) celebrated the soft opening of a new upscale sports facility, named "Club S,” aiming to meet the needs of the 15,000 current residents of its flagship projects in Sheikh Zayed, Allegria and SODIC West.

CCR Uncovers Frontgate Mall in NAC

Egypt-based Capital Construction and Real Estate (CCR) has announced the launch of Frontgate Mall in the New Administrative Capital's (NAC) MU23 District.

SODIC, NUCA Agree to Change Land Use of Al Yosr’s Plot

Sixth of October for Development and Investment (SODIC) and the New Urban Communities Authority (NUCA) have agreed on changing the land use of an agricultural plot, located in Sheikh Zayed and owned by the former's subsidiary, Al Yosr for Projects and Agricultural Development, to residential.

ARDIC Uncovers New Phase at Zizinia El Mostakbal

ARDIC for Real Estate Development and Investments launched on July 10 a new phase in Zizinia El Mostakbal in Mostakbal City, east Cairo, totaling nearly EGP 1 bn, in a ceremony held in the presence of a number of real estate marketing firms.

Majid Al Futtaim to Open New Retail Project in Dubai By Year-End

Dubai-based Majid Al Futtaim has announced plans to launch its latest retail project in UAE next December, named "Festival Plaza" and situated at the heart of Dubai's mixed-use development, Wasl Gate.

Pyramids Developments Begins Constructing 4th Mall in NAC

Egypt-based Pyramids Developments began on July 10 construction works at its fourth commercial project in the New Administrative Capital (NAC), dubbed "Paris Mall," at an investment value of EGP 2 bn.

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