News / Developers

Egypt’s Construction Sector’s Performance Tops All Across Middle East

Egypt’s construction market is the most successful in the entire Middle East and North Africa (MENA) region despite its current economic conditions, according to HSBC’s MENA Construction report that was released last week.

NUCA to Offer 500 Acres of Lands, New Cairo

The New Urban Communities Authority (NUCA) is to offer 500 acres of lands dedicated for partnership projects with the private sector in New Cairo, Al Borsa reports

Coldwell Banker Reaps EGP 6 bn Profits in 2016

Coldwell Banker Egypt - New Homes for Investment and Real Estate Marketing has achieved profits worth of EGP 6 bn in 2016, making a EGP 2.2 bn increase compared to that of last year.

Developmental Projects Decelerated at the New Capital

Due to Egypt’s current economic condition following the floatation of the pound and price increase of materials and production cost, many contractors have decreased the development rate at the Administrative Capital, Invest-Gate reports

Cityscape: Egypt to Boost Investment Climate in 2017

As Cityscape gears up to launch in March 2017, the annual regional real estate conference emphasizes Egypt’s role in reforming its economy through its real estate market, Daily News Egypt

Atlas to Build Residential Project in 6th of October City

Atlas for Investment & Real Estate Development, a subsidiary of the public company, Atlas for Land Reclamation and Agricultural Processing, is to develop a residential project in 6th of October City at a total cost of EGP 250 mn, reported Al Borsa

New Compound Resorts to be Launched in 2017

Micro Castle Co. for Real Estate Investment along with Ibn Sina for Hotel & Real Estate Investments are scheduled to launch their latest developmental projects at Egypt’s summer destinations, the North Coast and Marsa Matrouh, in 2017, reported Invest-Gate

New Land Plots to be Allocated in Four Cities in Upper Egypt

New Urban Communities Authority (NUCA) is to allocate approximately 5,347 land plots in social housing projects for middle-income citizens in four cities across Upper Egypt, reported Al Borsa

Revenues from Exporting Construction Materials Doubled in 2016

Egypt’s exports of construction and building materials has reached EGP 41.93 bn in 2016 compared to last year’s EGP 21.93 bn, according to Export Council for Building, Refractory and Metallurgy Industries (ECBM), reported Daily News Egypt

Green Square 2 Compound to be Launched in 2017

An Egyptian real estate company Al Ahly for Real Estate Development company is to deliver units in its new project Green Square 2 compound within 2017, reported Amwal El Ghad

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