The first phase of the Alcazar project spans over 2,000 sqm, comprising three buildings, with spaces ranging from 150 to 160 sqm. The price starts at EGP 7,000 per sqm, with a premium of up to six years.
Inertia launches “Ayla”, a new phase in Jefaira North Coast, with a distinctive view of the Mediterranean Sea. It spans over an area of 318,000 sqm.
Gates Developments records EGP 1.1 bn in sales of its projects by the end of July, cutting marketing expenses to 0.5% and doubling achieved sales, and the company aims to achieve total sales worth EGP 1.6 bn by the end of 2021.
Madbouly witnesses the signing of a contract to implement the high-speed electric train from Ain Sokhna to Matrouh, in a partnership with Siemens Transportation Group.
Amazon, an American multinational conglomerate that focuses on e-commerce, inaugurates a new facility in the 10th of Ramadan City in Sharqia governorate. Additionally, the global e-commerce website announces the official launch of its Amazon.eg in Egypt website.
Prime Minister, Mostafa Madbouly, holds a meeting to follow up on the implementation of several development projects within the presidential initiative "Hayah Kareema."
Menassat Developments opens the third phase of the mixed-use project, Bodia Tower, for sale. The EGP 2.5 bn- Bodia Tower project is located in the New Administrative Capital (NAC) and covers a total area of around 20,000 sqm.
Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, states that around EGP 3.425 bn has been pumped into various sectors in the New Beni Suef City, especially after expanding the city to 25,000 acres.
RNA Developments pumps around EGP 600 mn in its "Triton Tower" project, in the Central Business District (CBD) in the New Administrative Capital (NAC), with target sales of EGP 900 mn.
In parallel with the Cityscape 10th-anniversary, exhibitors who signed up for September’s Cityscape Egypt forecast a rebound of the country’s real estate market with positive predictions for next year.
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