News / Egypt

Al-Gazzar Follows Up on NAC’s Projects

Al-Gazzar stresses the need to adhere to the deadlines set for the completion of the implementation of various projects, and to implement the various components of the projects with the highest quality suitable for NAC.

Deputy Housing Minister Inspects Water Projects with EBRD’s Delegation

During the meeting, Ismail touches on areas of future cooperation between the drinking water and sanitation facilities sector at the Ministry of Housing, Utilities, and Urban Communities and EBRD, within the framework of the national strategy for the drinking water and sanitation facilities sector towards the transformation into a sustainable development model in line with the state’s vision.

Qatari Diar Opens Construction of New Phase of CityGate New Cairo

This agreement inaugurates the construction of Opal 3D-A and Garnet 3D-B at CityGate New Cairo, a self-sustaining city in the heart of New Cairo – located 30 minutes away from Cairo International Airport.

Idea Group Achieves Record Sales in Menorca Compound

Ahmed Sami, Chairman of Idea Group, introduces the best-in-class administrative and training services alongside a suite of various services in order to support real estate developers.

Menassat Developments Launches EGP 1 Bn Project in New Cairo

Ahmed Masoud, Chairman of Menassat Developments, says that the project is a commercial, administrative, and medical mall on an area of 5,500 sqm.

Al-Futtaim Group Real Estate to Bear Surgery Costs for 300 Patients

The covered patients are selected based on surveys undertaken by medical convoys in poor villages of Aswan Governorate.

Sodic’s Contracted Sales Soar EGP 21.3 Bn in 2022

Cancellations reached a value of EGP 1.25 bn during 2022, representing 6% of the year’s gross contracted sales. This is compared to a cancellation rate of 17% during 2021.

AE Media Production Partners with Nawassy Developments for 3sides Project

The project is set to serve 600,000 people and will offer a unique shopping experience for visitors.

HC Brokerage: Cost-Inflationary Pressures Weigh on Egyptian Developers

That competition slows down the growth of pre-sales to 8% in the first nine months of 2022, while volume slips 5% YoY, compared to a 59% surge a year earlier.

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