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Mawten Developments Inks Agreement with Business Loop Intl for Management, Operation Services

Under the agreement, Business Loop will conduct demographic and market studies for locations of Mawten’s projects to attract successful brands.

Mabany Edris Gears Up to Launch Central Avenue in Sheikh Zayed

Central Avenue is an addition to the company’s outstanding and diverse projects launched in the Egyptian market over more than 20 years, in Cairo and Upper Egypt.

MRB Partners with Stones District to Manage Delta Landmark Project

Mohammed Rashid, CEO of MRB, notes that the agreement includes conducting all the project’s marketing and sales studies, as well as the operational design and plans of activity distribution, residency, lease, and project management.

Infinity Phoenix Launches ‘The Icon Show Exhibition’ in Dammam Next February

During the exhibition, the housing ministry presents investment opportunities in areas affiliated with the New Urban Communities Authority (NUCA) and organizes forums and an international press conference to introduce opportunities in the Egyptian real estate market.

Orascom Construction Partners with COBOD for 3D Printing Construction Technology

Under the agreement, the two companies will help offer cost- and time-efficient technology in Egypt.

MNHD Posts EGP 534.3 Mn Consolidate Profits; Contracted Sales Reach EGP 6.7 Bn

Revenue rises to EGP 3.082 bn in January-September from EGP 1.383 bn last year.

QIA Considers Launching $1bn Renewable Energy Project in SCZone

Informed sources report that the project includes a green ammonia unit, agreed upon in principle between QatarEnergy and The Sovereign Wealth Fund of Egypt (TSFE), on the sidelines of a visit by an Egyptian delegation to Doha last month.

Steel Prices Jump EGP 2,000/Ton

Mohamed Hanafy, director of the Chamber of Metallurgical Industries, says that steel prices increased in the local market due to a group of reasons, including the rise in the USD exchange rate against the Egyptian pound and fluctuations in global raw material prices in the last two weeks.

Orascom Construction Consortium Starts Construction of 500 MW Wind Farm

The project will deliver clean power to over 800,000 homes. It will help Egypt’s efforts to transform towards renewable energy.

New 4K Housing for All Egyptians Units Underway in 6th of October, New Suez

Adel El-Naggar, Head of the 6th of October Development Authority, inspects works at the middle-income housing axis in the residential industrial area in the city, accompanied by authority officials.

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