New Vision Set to Launch 5 New Projects for EGP 70 M

• Saturday, 25th June 2016
• by Nadine Abou el Atta

New Vision, a real estate investment company, aims to raise their investment portfolio in the Egyptian market to EGP 1 billion through investments in New Cairo, and Mohandessin, by the end of 2019, said Chairman of the Board of Directors, Mohamed Kamal.

SECON Braces for 4 Star Hilton Hotel in New Damietta

• Thursday, 23rd June 2016
• by Nadine Abou el Atta

The Saudi-Egyptian Construction Company (SECON) has signed with Hilton Worldwide, an agreement of managing a 4 star hotel in New Damietta City, as part of SECON Resort project, an investments worth EGP 120 million, Al Mal reported.

Sodic Delivers Phase 2 of Eastown Units in July

• Monday, 6th June 2016
• by Invest Gate

Six of October Development and Investment (Sodic) announced that it will deliver phase II units of Eastown projects in New Cairo in July 2016.

El Safwa Targets Selling EGP 200M of Residential Projects in New Cairo

• Monday, 6th June 2016
• by Invest Gate

El Safwa Real Estate Investment Company is currently targeting the selling of 25 villas in Al Andalus area, in New Cairo, for EGP 200 million.

Darna Targets EGP 400 M worth of Sales in Long Island in Matrouh

• Monday, 6th June 2016
• by Invest Gate

Darna for Real Estate Investment and Contracting is currently executing its first ever touristic project in Marsa Matrouh City, Long Island Village.

NUCA to Collaborate with Mountain View to Develop iCity Project

• Monday, 6th June 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) Board will issue within days a ministerial order to develop the iCity project with investments worth EGP 31.97 billion ($ 3.6 billion), in collaboration with the Saudi-Egyptian Alliance Mountain View-Sisban.

Wadi Degla Launches EGP 350 M Promenade Maadi

• Monday, 6th June 2016
• by Invest Gate

Wadi Degla Developments, part of Wadi Degla Holding Company, has launched Promenade Maadi Compound, a residential project in Zahraa Maadi, worth EGP 350 million in investments.

Arab Contractors and El Eman to Build 600 Residential Units in Red Sea

• Monday, 6th June 2016
• by Invest Gate

The Arab Contractors and El Eman Construction Companies have won a bid to execute 600 residential units, in the Red Sea governorate, with a cost of EGP 99 million.

Government, Developers Begin Pricing Negotiations over Administrative Capital Land

• Monday, 6th June 2016
• by Invest Gate

Administrative Capital City for Urban Development, the company managing the new administrative capital, has started negotiations with real estate developers over pricing dynamics of lands in the new capital.

Wadi Degla to Begin Construction of EGP 13M Neopolis Project

• Friday, 3rd June 2016
• by Invest Gate

Wadi Degla Developments has begun construction of its Neopolis project, with investments worth EGP 13.3 billion ($1.5 billion), the company announced in a press statement.