Mountain View launches housing ready-to-delivery units in "i-City New Cairo" project with total contractual sales of EGP 2 bn, Invest-Gate reports.
Developer X announces obtaining ministerial approval for the development of Bianchi Ilios project in North Coast, Invest-Gate reports.
Mohamed Manar, Minister of Civil Aviation, announces that Egypt will start operating its new Sphinx International Airport (SPX) located near the Giza pyramids, in mid-July, Invest-Gate reports.
CMD and Qontrac Developments alliance announces the completion of all excavation work of YARU Residence project in the NAC with an investment of EGP 2 bn, Invest-Gate reports.
The Central Bank of Egypt (CBE) announces on May 19th raising key interest rates by 2%, or 200 basis points, as the government attempts to deal with the negative economic repercussions of the Russian-Ukrainian war and curb inflationary pressures.
Emaar Misr signs a collaboration protocol with Hayah Karima Foundation, contributing EGP 1 bn for completing sustainable development projects, Invest-Gate reports.
Al Ahram Real Estate announces the implementation of nearly 20 projects in New Cairo, in Al Narges and Beit Al Watan, Invest-Gate reports.
Tatweer Misr signs an agreement with Schneider Electric to utilize the iTWO platform, established by Schneider Electric’s RIB Software, Invest-Gate reports.
Orascom Development Egypt starts the year with strong operational and financial results and a significant increase in the real estate segment’s performance and enhanced business performance of the hotels and town management segments, Invest-Gate reports.
Cairo Capital Developments has succeeded in accelerating construction rate of Lake West project in Sheikh Zayed City to reach 60% and plans to deliver the 1st phase within a year and a half, Invest-Gate reports.
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