News / Investment

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

Egypt Invests EGP 110 bn in New Cities

The New Urban Communities Authority (NUCA) has currently invested EGP 110 bn to develop 30 cities across the country, featuring public services, facilities, and housing projects and another EGP 70 bn for basic foundations.

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

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

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

Approximately 200,000 Social Housing Units Completed Across Egypt

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly confirmed the completion of approximately 200,000 social housing units with plans to reach 500,000 homes by the end of 2017 during the 33rd Council of Arab Ministers of Housing and Construction held in Riyadh earlier this week, reported Invest-Gate

Egypt Showcases Housing developments at an Arab Council, Riyadh

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly accompanied by a delegation from ministry headed to Riyadh, Saudi Arabia, to discuss the housing development in Egypt at the 33rd Council of Arab Ministers of Housing and Construction, Invest-Gate reports

Public Service Projects to be Implemented in New Assiut in 2017

Approximately ten new land plots will be offered for public services to investors next year in efforts to meet the demand on commercial areas, public services, offices, and entertainment areas in New Assiut City, reported Al Mal

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