News / Egypt

El Gouna Motor Show 2022 to Kick Off on December 9th with 60 Competitors

The event is held in partnership with the rally competitions organizer Bosla, and under the sponsorship of the Ministry of Tourism and Antiquities, Ministry of Youth Affairs and Sports, the Red Sea Governorate, and with the supervision of the Automobile and Touring Club of Egypt.

Arqa Developments Launches Digital Properties Initiative

CEO of Arqa Developments, Ahmed Gamal, urges developers to participate in the initiative as soon as possible, in order to support the sustainable development goals by utilization of information technology and telecommunications in the Egyptian real estate market.

BiznEX Expo Concludes in Cairo with EGP 865 Mn Agreements

The event is launched at Mamsha Ahl Masr under the sponsorship of the Ministry of Planning, Ministry of Supply and Internal Trade, Internal Trade Development Authority (ITDA), and the General Authority for Investments (GAFI).

Nakheel Developments Starts Implementation of TRIO V TOWER in NAC

Trio V Tower is a commercial, administrative, and medical project located in an area of about 7,000 sqm, including a built-up area of 2,100 sqm, Head of the Commercial Sector at Nakheel Developments, Wassim Ouda, says.

Urbnlanes Pens Exclusive Strategic Consultancy Agreement with Savills

Urbnlanes is implementing three projects in the New Administrative Capital and the New Cairo’s 5th Settlement district with total investments of EGP 11 bn.

Schneider Electric Partners with DATCO for Product Distribution, Marketing

President of North East Africa and Levant Cluster at Schneider Electric, Sebastien Riez, comments: “The recent agreement bolsters our efforts to make pace with development in the sector and accelerate digital transformation in the business world.”

TBK Developments Plants 400 Trees in New Cairo

The project is implemented according to Go Green initiative and in collaboration with the New Cairo Development Authority (NCDA).

TLD Launches EGP 500 Mn il Bayou Project in Sahl Hasheesh

Situated on 45,000 sqm, il Bayou is a coastal fully serviced residential project including 85 standalone, twin, and townhouse villas, in addition to 60 serviced apartments.

DIG Group Sells 65% of NAC Project in 5 Months, Eyes Further Expansion

The Head of Marketing at the group, Omneya Awad, states that it sold 65% of projects in the New Administrative Capital in five months.

Euromoney Egypt Conference to Kick Off December 7th in Cairo

The event sheds light on Egypt’s economic conditions in 2022 and 2023, including the performance of the Egyptian pound and the country’s shift towards sustainability and green energy.

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