PHD, NUCA Join Forces on a 500 Acre Project

• Wednesday, 10th August 2016
• by Heba Eid

Palm Hills Development is scheduled to start construction on a joint project with the New Urban Communities Authority in early 2017, said its CEO Tariq Abdelrahman.

Egypt’s First Real Estate Development Chamber Elects Board

• Wednesday, 10th August 2016
• by Heba Eid

The real estate development chamber announced the results of its first board members elections.

Emtelak Unveils EGP 1.6 B Project in Ain Sokhna

• Monday, 8th August 2016
• by Heba Eid

Emtelak Real Estate and Development is launching an EGP 1.6 billion tourist hotel project in Ain Sokhna, announced its managing director Ziad El Emam.

Developers Compete for Zayed Crystal Spark Project Using PPP

• Monday, 8th August 2016
• by Heba Eid

Several leading real estate developers have submitted proposals to the New Urban Communities Authority for the Zayed Crystal Spark Project to be established using the public-private partnership system.

Alalmeya to Develop EGP 3.5 B Project in New Cairo

• Thursday, 4th August 2016
• by Heba Eid

Alalmeya for Real Estate Investment and Development plans to develop a residential project on the Egypt-Suez Road in front of the New Administrative Capital.

EFSA: Property, Land Leasing Represents 73% of Leasing Contracts

• Wednesday, 3rd August 2016
• by Heba Eid

Property and land leasing represent 73% of leasing contracts, with costs of EGP 8 billion, said Sherif Samy, Head of the Egyptian Financial Supervisory Authority.

Cabinet Approves CGP’s Al Burouj Project

• Wednesday, 3rd August 2016
• by Heba Eid

Capital Group Properties (CGP) for real estate development received the cabinet approval of the Al Buruj project and offering the units for the public.

KPM Invests EGP 350M in Sharm El Sheikh

• Tuesday, 2nd August 2016
• by Heba Eid

Kuwait Projects Managment (KPM), Kuwait-based real estate marketing company, will purchase a tourist residential project in Sharm El-Sheikh, announced Dani Khalil, KPM's vice chief executive.

HELI Reaps 95.6% Increase in Profits

• Tuesday, 2nd August 2016
• by Heba Eid

Heliopolis Company for Housing and Development announced a 95.6% increase in net profits for the current fiscal year, compared to last year.

Wadi Degla to Record EGP 6B in Sales for 2016

• Tuesday, 2nd August 2016
• by Heba Eid

Egypt-based real estate developer Wadi Degla Developments expects its sales revenues record EGP 6 billion during the current year, marking a 50% increase compared to last year, said Amr Al Kady, deputy CEO of Wadi Degla.