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Abbas Inspects the Ongoing Projects of New Aswan City

Deputy Minister of Housing, Utilities and Urban Communities for National Projects Khaled Abbas visits New Aswan City to inspect the ongoing project,  accompanied by Abdul Muttalib Mamdouh, vice-president of the New Urban Communities Authority (NUCA), Ahmed Rashad, head of the New Aswan City Development Authority and a group of officials

El Gazzar Joins Council of Arab Ministers Housing and Construction in Amman

Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, joins the 38th annual Council of Ministers of Housing and Construction in Amman under the ٍsponsorship of Jordan PM Bisher Al Khasawneh and Minister of Public Works and Housing Yahya Al-Kasabi

Royal Developments Achieves 130% Target Sales & Adds 13 New Projects in 2022

Royal Developments achieves 130% of its sales target and announces the launch of 13 new projects in parallel early 2022

Signing MOU to Launch an International Hospital in NAC

Minister of Housing, Utilities and Urban Communities Assem El Gazzar attends the signing of a memorandum of understanding(MOU) to establish, operate and manage a hospital in the New Administrative Capital (NAC) with international standards

Egypt Economic Summit Concludes with Major Recommendations to Boost Egypt’s Economy

The third edition of Egypt Economic Summit concludes with more than 30 strategic recommendations of paramount importance, from industry trailblazers and government officials, towards boosting Egypt’s economy and optimizing several industries

Nakheel Developments Completes Marketing of Double Two Tower Phase I

Nakheel Developments reveals the completion of the first phase of marketing of the Double Two Tower at in a record time

Qontrac and CMD Alliance Sets The First Stone of YARU Compound

During a celebration held at R8 in NAC, the alliance, between Qontrac and CMD Developments, puts the first stone in YARU Compound

Hometown Accelerates Zaha Park’s Construction Rate in NAC

Hometown Developments escalates the construction rate of its Zaha Park and Lafayette projects at the New Administrative Capital (NAC)

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

Edris Mohamed Reveals Challenges Facing Industrial Developers

During his participation at Invest Gate round table titled "Going Commercial: The Future of Egypt’s Real Estate Market", Edris Mohamed, managing director of Akam Developments, reveals the challenges facing the small industrial developers in new cities

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