News / Developers

BESIX, Orascom Award EUR 11 mn Contract for Grand Egyptian Museum

Egypt’s Ministry of Culture and the joint venture (JV) of Brussels-based Besix and Orascom Construction has chosen the Spanish-based Acciona Producciones y Diseño (APD) for the technical museographic development of four exhibition halls at the Grand Egyptian Museum, in a contract worth EUR 11 mn

UAE’s Azizi Unveils Fawad Azizi Residence in Dubai

UAE-based Azizi Developments, a subsidiary of Azizi Group, announced the launch of its third premium real estate project, Fawad Azizi Residence, in Dubai Healthcare City (DHCC)

Orascom Posts Strong Results in Q2 2018

Egypt’s Orascom Construction logged a 113.5% year-on-year (y-o-y) increase of USD 50.6 mn in its net income attributable to shareholders during Q2 2018, Invest-Gate reports.

Dubai Creek Harbour To Deliver First Homes in Q1 2019

Dubai-based developer Emaar has unveiled that the first residential units in the upcoming six square kilometer mega-development Dubai Creek Harbour will be delivered in Q1 2019

The Springs Sahel: A New Addition to North Coast

The Springs Sahel has recently been launched in the North Coast, particularly developed for the "unpretentious homely" community

Sabbour, Kuwait’s Manazel Ink EGP 229 mn Project Contract

Manazel Real Estate Developments, a subsidiary of Kuwaiti Manazel Holding, has signed an agreement with Egypt's real estate developer Landmark Sabbour to develop Layan Compound in New Cairo

Hassan Allam Participates in New Alamein’s Mega Projects

Egypt’s Hassan Allam Holding (HAH) unveiled its participation, alongside its subsidiaries, in the construction of numerous mega national projects in New Alamein city

Egypt’s TMG Holding Logs 11% Net Profit Rise in H1

Egyptian real estate developer Talaat Moustafa Group (TMG) Holding announced a rise of 11% in its net profits in the first half (H1) of 2018

DAMAC, Radisson Ink New Luxury Hotel Contract

Dubai’s real estate developer DAMAC Properties has signed an agreement with Radisson Hotels, the renowned international hotels brand, to open the first Radisson-branded luxury hotel within the DAMAC Hills development in Dubai

Porto Group Offers Investment Opportunities Through The Park Mall

Porto Group has revealed its newest commercial project, the Park Mall, in Porto New Cairo in the Fifth Settlement, Invest-Gate reports.

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