News / Developers

Azha Ain Sokhna Records EGP 11 B Sales

Madaar Development's Azha project in Ain Sokhna has recorded sales of EGP 11 billion, according to Gasser Bahgat, CEO of Madaar.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.

Construction to Kick Off in Phase 1 of Il Monte Galala in December

Construction is expected to commence on 1,200 residential units in December, as part of the first phase of Tatweer Misr's Il Monte Galala project in Ain Sokhna.

Ibn Sina to Launch Residential Compound in 6th of October City

Ibn Sina for Hotels and Resorts will launch a real estate project worth of EGP 1.5 billion in 6th of October City in 2017, on 150 acres of land.

Amer Group Offers New ‘Moneyback’ Method to Sell Units

Amer Group aims to sell its remaining units in eight projects through a new program called “Moneyback” that involves immediate handover and ownership of the units, while the cost will be paid off within 10 years, with a guarantee from the Arab African International Bank.

Arab Contractors Undertake EGP 2.8 M Work in New Administrative Capital

The Arab Contractors Company is undertaking infrastructure and housing projects at a cost of EGP 2.8 million in the New Administrative Capital, according to Arab Contractors Chairman Mohsen Salah.

Alkan Group Launches $600 M Citadel Plaza Project

Alkan Holdings Group is set to finalize Citadel Plaza, a five-star hotel, within five years at a cost of $600 million.

Abraj Misr Projects Sales to Record EGP 1.6 B in 2016

Abraj Misr is expecting sales of EGP 1.6 billion by the end of 2016, compared to last year’s EGP 560 million.

Orascom Completes Al Masah Hotel in New Administrative Capital

Orascom Construction has finalized construction on Al Masah Hotel in the New Administrative Capital, in collaboration with the Armed Forces Engineering Authority.

HCCD Subsidiaries Sign EGP 3 B Worth of Contracts

Subsidiaries of the Holding Company for Construction and Developments (HCCD) have signed contracts worth EGP 3 billion for projects to be completed in a year and a half, according to Mohamed Hegazy, CEO of HCCD.

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