News / Developers

Marseilia Expects to Log EGP 3 bn Sales Contracts in 2019

Egypt-based Marseilia for Real Estate Investment is expecting to record EGP 1.2 bn in sales by the end of this year, while foreseeing that it will achieve sales contracts worth EGP 3 bn in 2019

Orascom Plans to Launch “O West” in 6th of October City in Q1 2019

Egypt's Orascom Development plans to launch a new compound called "O West" in 6th of October City during the first quarter of next year

Tatweer Misr, GEN Sign MoU For EGP 120 mn Entrepreneurship Hub

Egypt's real estate developer Tatweer Misr has inked a memorandum of understanding (MoU) with Global Entrepreneurship (GEN) to develop an entrepreneurship hub in Tatweer Misr's Bloomfields compound in Mostakbal City at an investment cost of EGP 120 mn

Misr Italia, El Mostakbal to Co-Develop New Project in Mostakbal City

Egypt’s property developer Misr Italia Properties and El Mostakbal for Urban Development have inked a deal for the co-development of an integrated residential compound in Mostakbal City with initial investments worth nearly EGP 22 bn and expected sales of EGP 36 bn

Zahya’s 1st Phase is Sold Out With EGP 1.5 bn Sales

Egypt's real estate developer City Edge Developments announced selling all units of the first phase of its newest development in New Mansoura, Zahya, with total sales of EGP 1.5 bn

Omran, DAMAC Jointly Start Groundwork for Transformation of Oman’s MASQ

Oman-based developer Oman Tourism Development Company (Omran) and Dubai’s real estate developer DAMAC Properties have jointly started the groundwork for the transformation of Oman's historical Mina Al Sultan Qaboos (MASQ) port into a USD 2 bn integrated waterfront destination

SODIC Opens its First Sales Center in New Cairo

Sixth of October Development and Investment Company (SODIC) has announced opening doors of its very first sales center in New Cairo, directly located on 90 Street, "coming closer to SODIC’s growing client base in east Cairo"

Asteco Introduces Direct Debit Payment Service for UAE Tenants

UAE's property services company Asteco has launched a digital payment service that allows its tenants to pay their rent through direct debit, in a bid to increase efficiency, enhance the ease of doing business, and help customers save time

Porto Group Inks Deal to Develop New Urban Project in Mostakbal City

Egypt's real estate developer Porto Group, a subsidiary of Porto Group Holding, has inked an agreement with El Mostakbal for Urban Development for the establishment of a new integrated urban project in Mostakbal City, "Porto City"

New Women-Only Theme Park Opens in Saudi Arabia

Saudi-based Al Hokair Entertainment, a subsidiary of Al Hokair Group, has announced the opening of AlHokair Time AlAzizyah in Al-Khobar city, a theme park for women only

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