News / Egypt

Al-Futtaim Group Real Estate Establishes, Equips Bone Marrow Transplantation Room in 57357 Hospital

The step comes in line with the company’s support of the national donation campaign that aims at reducing the number of patients on the list, waiting to undergo bone marrow transplants.

Real Estate Development Chamber Commends Government’s Response to Developers

Tarek Shoukry, Head of the Real Estate Development Chamber at the Federation of Egyptian Industries, and Undersecretary of the housing committee at the House of Representatives, thanks the Prime Minister and Minister of Housing for the prompt response to a large part of the demands submitted by the chamber.

Times Developments Acquires 3 Companies; Pledges EGP 12 Bn Investments

The acquisition helps support Times’ future expansion plans in Egypt, especially in the East and West Cairo and the North Coast.

Mardev Development to Up Investment Portfolio to EGP 4 Bn

For his part, Ibrahim Zahran, Mardev’s CEO, reveals that the company is implementing several projects in NAC, including a residential compound and 3 commercial projects.

Egyptian Government Takes Measures to Support Real Estate Developers

Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace without a delay penalty.

US’ McDermott Collaborates on Greece-Africa Power Interconnection

The project is known as Greece-Africa Power (GAP) Interconnector.

GV Group is Platinum Sponsor for Invest-Gate’s 1st Roundtable in 2023

The company sponsors Invest-Gate’s roundtable and offers innovative solutions for its subject matter.

Ibtkar Real Estate Development Markets 10 Projects in New Cairo

Ibtkar plans to deliver these projects within 3 years, the company’s Marketing Director, Shady Mahmoud, says.

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