Merely 66 fully-finished villas overlooking the Nile River, nestled within New Aswan's in-progress 6,000-meter-long tourist strip, have been delivered, with 84 others in the pipeline for handover before July 2021.
UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.
Egypt teamed up with several international financial institutions for financing several development projects in the Sinai Peninsula, at a combined value of almost USD 2.7 bn (EGP 42.4 bn), in 2020.
Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential buildings) are set for delivery starting from January 2021.
Sixth of October Development and Investment Company (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide customers with e-payment solutions through the developer's official website.
Egypt-based real estate developer Misr Italia Properties (MIP) has managed to record contractual sales of EGP 2 bn in 2020, paired with the delivery of mixed-use units at five different property projects nationwide, despite the Coronavirus-induced slump.
Egypt's Minister of Planning and Economic Development Hala El Saeed has confirmed the execution of 416 public developments in the electricity and renewable energy sector, at a value of EGP 95.6 bn, over the past two fiscal years.
Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% are provided by the public sector.
Builderia Development has signed contracts with Schneider Electric, Space Consultants, and Asass Construction for the implementation of its intelligent administrative complex in the New Administrative Capital (NAC), named “Paragon."
Al Marasem International for Development has commenced deliveries at the first phase of its New Cairo project, or "Fifth Square," featuring a total of 576 fully-finished residential units (42 buildings).
Page 466 of 835
Get all latest content delivered to your email a few times a month.
Welcome! Login in to your account
Back to Login