Amer Group Offers New ‘Moneyback’ Method to Sell Units

• Wednesday, 5th October 2016
• by Fatma Khaled

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

• Wednesday, 5th October 2016
• by Fatma Khaled

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

• Tuesday, 4th October 2016
• by Fatma Khaled

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

• Tuesday, 4th October 2016
• by Fatma Khaled

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

• Monday, 3rd October 2016
• by Fatma Khaled

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

• Thursday, 29th September 2016
• by Fatma Khaled

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.

Asala Sells 80% of New Cairo Residential Compound

• Wednesday, 28th September 2016
• by Fatma Khaled

Asala Holding for Investment and Residential Development has sold 80% of its residential compound in New Cairo, according to Hamdy Raslan, a Sales Executive at Asala Holding.

New Residential Phases to be Launched in Hyde Park

• Tuesday, 27th September 2016
• by Fatma Khaled

Hyde Park for Development announced that it will be building new residential phases in its project "park Corner" which is located in New Cairo.

Arabia Group CEO Appointed as First Head of Real Estate Development Chamber

• Monday, 26th September 2016
• by Fatma Khaled

Chairman of Arabia Group Tarek Shoukry was elected to preside over Egypt’s recently-formed Real Estate Development Chamber, part of the Federation of Egyptian Industries (FEI).

Abraj Misr’s Total Investments Record EGP 7 B

• Thursday, 22nd September 2016
• by Fatma Khaled

Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects.