News / Developers

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

Azmeel to Expand its Investments in Gulf Countries

Azmeel Group, real estate company, is to expand its investments in the Gulf, following its recent participation at Elite Real Estate Exhibitions (EREEX 2016) held in Qatar and Kuwait, according to Chairman Ahmed Shaheen, reported Amwal El Ghad

Nine Touristic Villages at Galala Mountain Are Up for Grabs

Around nine touristic villages, part of Galala Mountain Development Project in Ein Al Sokhna, will be offered for developers, reported Al Mal

Four Land Plots to be Offered in Beni Suef

The governorate of Beni Suef, in Upper Egypt, will be offering four land plots, ranging from 2,900 to 4,600 square meters, for commercial use next February, according to Al Borsa

Egypt to Partner with Saudi Arabia for Housing Projects

Egypt and Saudi Arabia are joining forces to develop the Saudi housing sector, reported Okaz News

Real Estate Companies to be Compensated for their Losses

Through recent mechanisms adapted by the Construction Companies’ Compensations Committee, the Egyptian government is to compensate real estate developers under government contracts for their losses, reported Daily News Egypt

ARDIC to Pump EGP 500 mn in Zizina El Mostakbal

ARDIC for Real Estate and Investment Development is to invest EGP 500 mn to complete construction works for the first phase of Zizinia El Mostakbal project that spreads on 70 acres in New Cairo, reported Al Mal

Moukhtar Ibrahim Co. Hits The New Capital With Six Residential Projects

Egyptian Real Estate Developer Moukhtar Ibrahim is to set foot into the new Administrative Capital with six residential buildings at a total cost of EGP 75mn, reported Amwal El Ghad

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