News / Developers

DAMAC Awards AED 72 mn Contract for AKOYA Oxygen

DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) an AED 72 mn contract to build roads and infrastructure at AKOYA Oxygen, a billion-dollar luxury villa community in Dubai

Emaar Starts Construction of Beach Vista Residences

Emaar Development, the real estate arm of UAE developer Emaar Properties, has taken possession of the land for construction of Beach Vista residences

Orascom Development, NUCA to Build a Replica of El Gouna

Orascom Development Egypt has reached a settlement agreement with the New Urban Communities Authority (NUCA) to build a replica of El Gouna in 6th of October city

M2 Developments Reveals Their Latest Project in North Coast

Egyptian real estate developer M2 Developments has revealed its latest project in the North Coast in a pre-launch event held on June 4

MNHD Eyes EGP 1 bn Loan From CIB

Egyptian developer Madinet Nasr Housing and Development (MNHD) has ratified signing a medium-term loan with the Commercial Bank of Egypt (CIB) worth EGP 1 bn to fund two projects

Dubai Creek Tower Hits New Construction Milestone

Dubai Creek Tower, the USD 1 bn centerpiece of the six square kilometers Dubai Creek Harbor project, achieves concrete placement for the pile cap, two months ahead of scheduled completion

Emaar’s Dubai Hills Mall Sees On-Schedule Progress

Dubai's real estate firm Emaar Development has announced achieving “new construction milestones” in its Dubai Hills Mall with over 60% of its structure completed

DM Developments to Invest EGP 4 bn in Ain Sokhna’s The Groove

Egypt's developer DM Development has announced its plan to implement their new project, The Groove, in Ain Sokhna with total investments of EGP 4 bn

Orascom Signs EGP 5.7 bn Contract for Egyptian Wastewater Plant

Egypt’s Housing Ministry signs a contract with Orasqualia, a consortium led by Egypt's Orascom Construction Industries and Spain's Aqualia, to proceed with construction works of Abu Rawash Wastewater Treatment Plant in Egypt, at a cost of nearly EGP 5.7 bn

Egypt’s Stella Di Mare To Open A New Hotel in Dubai

Stella Di Mare Hotels & Resorts, the hospitality arm of Egyptian Stock Exchange-listed Remco Tourism Villages Construction, lands in Dubai with its first hotel outside of Egypt this year

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