News / Developers

Marriott to Debut Eco-Conscious Element Hotel in Egypt

Marriott International announced on Tuesday plans to debut its Element Hotels eco-incubator brand in Egypt in early 2019 as part of Abraj Misr's The Gate Project.

Developers to Discuss Challenges in Facilities Management

A facilities management conference is set to take place at the American University of Cairo on 24 October under the theme “Reviving Building Management in Egypt."

Samcrete Finalizes Pyramids Heights Residences’ Designs

Samcrete Engineers & Contractors (SMCS) has finalized designs for Pyramids Heights Residences project at a total cost of EGP 1.2 billion, aiming at bringing revenues worth of EGP 2 billion.

Tatweer Misr to Invest EGP 1.5 B in 2 Projects

Egyptian developer Tatweer Misr plans to develop two of its major projects, Fouka Bay and Il Monte Galala, with EGP 1.5 billion worth of investments next year.

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.

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