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Ora Developers Hires JLL to Manage 2 Projects in Egypt

Situated on 360 feddans, the first project, ZED East, is a residential and mixed-use development located between New Cairo and the New Administrative Capital.

El-Gazzar Follows up on Julius Nyerere Dam Project in Tanzania

The minister notes that the project includes building a dam at a length of 1,025 m and a height of 131 m, while the dam’s lake will have the capacity to store up to 34 bn sqm of water.

Minister of Housing Issues 9 Decisions to Remove Building Violations in Different Cities

The decisions include removing building violations in different areas in the European Countryside in New Sphinx and other violations in land allocated for industrial activities in Badr.

Qatar Investment Authority’s Investment Arm visits Damietta Port

For his part, Ahmed Hawash, Chairman of the Damietta Port Authority, states that the port is taking major steps toward becoming a key commercial and logistics hub in the Middle East.

Hassan Allam Pledges $10 bn Joint Investments in SCZONE with UAE’s Masdar

Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.

Elite Home Completes Elite Care Clinico with EGP 250 mn Investments

Elite Home states that it is preparing a package of facilities for its clients in down payments, along with major facilities in the payment period and installments, for its existing and new projects in New Cairo’s Bayt Al Watan district.

Buildings Finance Fund Launches 1136 Units in New Obour, El Wadi El Gedid

El-Gazzar notes that the fund is executing 32 buildings in the extension of the Second District in Obour City, including 616 units.

El-Sisi Encourages Private Sector to Participate in Black Sand projects

El-Sisi adds that the feasibility studies proved sufficient black sand reserves and global demand for the extracted metals.

Minister of Housing Meets Tunisian Counterpart to Showcase Egyptian Experiment

Essam El-Gazzar, Minister of Housing, Utilities, and Urban Communities, holds a meeting with a Tunisian delegation led by Sarra Zaafrani, Minister of Public Works and Housing, to showcase Egypt’s achievements in various housing projects, new cities, and development of unsafe districts, Invest-Gate reports.

Dahab Development Sells 70% of Offered Phases in Iconic Trinity Complex Project

Dahab Development sells 70% of the first and second phase of the Iconic Trinity Complex (ITC) project in New Administrative Capital in 5 months, in cooperation with the project’s marketing and sales advisor IDEA Group, Invest-Gate reports.

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