News / Developers

Special Land Plot Buyers to Finalize Payment in Two Days

The New Urban Communities Authority offer Thursday as the last day for winners of special land plots located in social housing projects to pay the remaining cost of lands, Invest-Gate reports.

Special Housing Project to Develop, New Cairo

Around 48 tenders will be offered to construct a special housing project in New Cairo encompassing 5,700 residential units spread among 281 buildings, Invest-Gate reports.

Tatweer Misr, ICSB to Launch International Universities

Tatweer Misr will execute several international universities in Egypt in collaboration with the International Council for Small Business (ICSB), Invest-Gate reports.

SODIC to Pump Capital For Employee Incentive Program

Sixth of October Development and Investment Company (SODIC) is looking to increase its issued and paid-in capital by EGP 13.56 mn to EGP 1.37 bn to finance its employee incentive and bonus schemes, Borsa News reports.

EFCBC to Discuss Construction Challenges in March

Egyptian Federation for Construction & Building Contractors (EFCBC) in collaboration with Excellent Agency is to hold the third “National Projects: Patriotic Vision to the Future” conference held on March 14

ODH Delisting Not Subject to Swiss Takeover Law

Orascom Development Holding (ODH) is not subject to the recently enacted Swiss Takeover Law

Pact to Market White Bay Abroad

Pact for Real Estate Development plans to promote its North Coast White Bay project abroad

Five Developers Race for Megaproject, New Suez Canal Area

Amer Group, Ramco, and Travco, among other unidentified real estate developers are competing for the biggest tourist project in the New Suez Canal Area

Coldwell Banker to Market View Mall, 6th of October City

Coldwell Banker will start marketing View Mall, a project developed by Kasr El Nile for Real Estate located in 6th of October City, Invest-Gate reports.

Head of Dreamland Group Loses His Assets to Egyptian Banks

Head of Dreamland Group, Ahmed Bahgat, has been ruled by the court to pay a total of EGP 600 mn to Banque Misr and National Bank of Egypt (NBE) as well as selling the group’s assets

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