News / Egypt

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.

El Gazzar Follows up on New Alamein’s Downtown Towers Project

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, meets with representatives from CSCEC and the ministry's officials, to follow up on the Downtown Towers project in the New Alamein City, including the proposed facade designs and other technical issues to push the project's development

Gazzar to Review PPP for a Private Hospital in NAC

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, meets with representatives from one of the largest private healthcare groups in Egypt, which has several well-known hospitals in Cairo, in the presence of ministry officials

MG Developments Completes Construction of Strip Mall in Blue Blue Ain Sokhna

MG Developments completes the constructions of Strip Mall in Blue Blue Sokhna Resort and offers lease on its commercial units

Contact Developments Completes Sale of Quan Iconic Tower’s Phase I

The first phase of the Quan Iconic Tower project by Contact Developments is sold out with contractual sales of around EGP 620 mn

Vow Developments Acquires Land Plot for its Second Project in NAC

Vow Developments acquires an 8,000 sqm- land plot in the financial district at the New Administrative Capital (NAC) to commence its second project.

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