News / Egypt

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

Invest Gate Issues Recommendations for Industrial & Commercial Real Estate in Egypt

Invest Gate concludes its roundtable activities in 2021 with “Going Commercial…The Future of Egypt’s Real Estate Market”, in cooperation with the Egyptian Businessmen Association (EBA), on December 8, and releases its recommendations

PHD Acquires WE to Provide Telecom Services in Badya

Palm Hills Development (PHD) acquires Telecom Egypt (WE) to provide integrated telecommunication services to Badya, the first fourth-generation city in west Cairo

Basheer Mostafa Calls for Integrated Legislative Environment to Support Industrial Developers

During his participation in the Invest Gate's roundtable "Going Commercial … The Future of Egypt’s Real Estate Market", Basheer Mostafa, CEO of First Group and a member of the Egyptian Businessmen Association, calls for an integrated legislative to be provided

E-Towers Logs EGP 200 Mn of Contractual Sales

UDG Developments achieves EGP 200mn of contractual sales of its E Tower two weeks after the project's launch

Coldwell Banker-Egypt Celebrates the Launch of its “Franchise and Capitalize” Program

Coldwell Banker – Egypt celebrates the launch of its new program, Franchise and Capitalize, enabling investors and entrepreneurs in real estate sector to establish successful projects, expand in existing ones, achieve the well managed, while comply with the framework of the market requirements

Just Development Acquires Richmond to Manage Legacy at NAC

Just Development acquires the American, Richmond, to review the designs of the electromechanical work and provide consultancy for the operation and management, operation, leasing, and maintenance of its mix-use project, Legacy, in the New Administrative Capital

Akam Developments Launches The Final Phase of Scene 7

Akam Developments reveals the launch of the fourth and final phase of Scene 7, the company's second project and the first global sports compound in the New Administrative Capital (NAC)

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