News / Egypt

SED to Release Phase III of Jayd New Cairo on October 4

Saudi Egyptian Developers (SED) said the third phase its residential project in east Cairo, called “Jayd New Cairo,” is scheduled for launch on October 4.

El Batal Group Plans to Deliver 4 Projects Before 2022

El Batal Group has announced plans to hand over four of its flagship developments in New Cairo, Obour City, and 6th of October City before the end of 2021, coming under the name of "The Rocks."

Housing Ministry to Deliver Residential Plots in West Cairo

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that the 6th of October City Development Authority will start handing over the most distinguished residential plots in the ninth district of the urban area.

Shorouk City Authority Receives 1,800 Reconciliation Requests

Abdul Raouf El Gheity, head of the Shorouk City Authority, confirms receiving 1,800 reconciliation requests.

Mall of Arabia Hosts CIB PSA World Tour Finals for 2nd Time

West Cairo’s Mall of Arabia, one of the commercial projects built by Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, will host the world’s leading 2019/20 CIB Professional Squash Association (PSA) World Tour Finals for the second year in a row, taking place from September 28 to October 3.

Ora Developers to Launch Phase II of ZED East Next November

Ora Developers CEO Naguib Sawiris has unveiled the company's plans to launch the second phase of its first home project in east Cairo, dubbed "ZED East," next November.

Invest-Gate Presents RED Masterclass to Digitize Real Estate Business

Invest-Gate is proudly presenting the first Real Estate Digital (RED) Masterclass in Egypt, in an attempt to help property professionals and agents embrace timely change and have a strategic digital plan in place to bridge their online and offline business.

CBE Attracts More Than EGP 21 bn From T-Bills

The Central Bank of Egypt (CBE) has successfully secured more than EGP 21 bn in investments from the EGP treasury bills (T-Bills).

NUCA VP Abdulmutallab Mamdouh Inspects NAC Utility Projects

Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected utility projects in the New Administrative Capital (NAC).

Egypt’s Economy Remain Steady in Emerging Markets: Goldman Sachs

A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.

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