News / Egypt

Royal Developments to Start Construction of 10 Projects in New Cairo

Royal Developments plans to start construction of 10 separate projects in New Cairo in Q4 2021.

Emaar Misr Inaugurates Marassi Marina and Yacht Club

Emaar Misr inaugurates the first international marina on the North Coast, the "Marassi Marina and Yacht Club," in Marassi

Housing Officials Inspect Progress at New Mansoura University

Mohamed Ragab, Head of New Damietta City Authority and Supervisor of New Mansoura City, inspects the New Mansoura University project in New Mansoura to follow up on the work progress in preparation for the inauguration of the first academic year, Invest-Gate reports.

Concrete Works of New Nubaria’s Sewage Plant is Underway

The concrete structure of the sewage pumping plant is under completion, which is a part of the rehabilitation and expansion project of New Nubaria, according to the head of the New Nubaria City Development Authority

Mountain View Launches “Lagoon Beach Park” at iCity

Following the success of the first phase of MV iCity New Cairo, Mountain View announces the launch of its new phase “Lagoon Beach Park," which will be available for sale as of August.

Housing Officials Inspect Projects of New Nasser and New Assiut Cities

For the New Nasser City, the housing officials have begun with the "Sakan Misr" project, with a total of 2,640 housing units, in which the agricultural and site works are ongoing. Regarding the New Assiut City, the housing officials hold a meeting with the responsible companies operating in the city, to find out the most important obstacles that they face, to overcome.

A EGP 500 mn- New Borg El Arab/ Northwest Coast Road To be Built

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar approves the design of a new road, linking New Borg El Arab City, and Alexandria/Marsa Matrouh Coastal Highway is under study.

Khaled Sabry Holding Completes Selling Ronza Tower’s Phase I

Khaled Sabry Holding Group announces selling the first phase of its first project in the New Administrative Capital (NAC), Ronza Tower.

TMG Logs 23% Profits Surge in H1 2021

The aggregate financial indicators of Talaat Moustafa Group Holding (TMG) reveal that the company's net profits jumped 23.16% YoY in H1 2021, hitting EGP 869.38 mn, up from the EGP 705.85 mn achieved in H1 2020.

Khozam Developments Contracts with Okoplan for Creek Town and Go Heliopolis

Khozam Developments contracts with Okoplan for the landscaping of the “Creek Town” and “Go Heliopolis” projects.

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