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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.

El Anany Inspects NAC Museum

Minister of Tourism and Antiquities Khaled El Anany had inspected the Museum of the New Administrative Capital (NAC) to follow up on new developments in preparation for the grand opening.

AAIB, SODIC’s Unit Ink EGP 2.57 bn Credit Facility

Sixth of October for Development and Investment Company's (SODIC) subsidiary, Sixth of October Development and Real Estate Projects (SOREL), has signed an EGP 2.57 bn medium-term credit facility with the Arab African International Bank (AAIB).

MIP Marks 1st Developer to Deliver in NAC

Misr Italia Properties (MIP) has announced the delivery of its flagship development in the New Administrative Capital (NAC), named "IL BOSCO," making it the first among the private sector to handover projects in NAC ahead of schedule, instead of 2021.

Akam Developments Eyes EGP 5 bn Sales of 2nd NAC Project

Akam Developments has released its second real estate development in the New Administrative Capital (NAC), dubbed ”Scene7," targeting EGP 5 bn in sales of the project's various residential, commercial, and sports properties.

CED Releases Phase II of Mazarine Islands in New Alamein

Egypt's national real estate developer City Edge Developments (CED) has announced the launch of phase II of its Mazarine Islands development in New Alamein, North Coast, following the successful sell-out of the project's first phase.

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