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.
Capriole Group announces that it is the first developer to put up for sale its LINX project in the New Administrative Capital (NAC) upon the completion of 35% of construction works.
According to a ministerial statement, the concrete structure works have been completed for a number of buildings in the “Soor Magra-El-Oyoun” development project, in parallel with the implementation of the internal and external finishes.
Mohamed Ragab, head of the New Damietta City Development Authority, inspects the latest preparations for the delivery of a new housing units batch in New Damietta City.
President Abdel Fattah El Sisi directs not to announce or market any real estate projects until 30% of the project's construction is complete, to guarantee developers' commitment.
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