Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coronavirus pandemic.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said merely EGP 134.2 bn are planned for investment to build several seawater desalination plants nationwide, in response to a possible water crisis.
Egypt's Minister of Supply and Internal Trade Ali Moselhy has officially inaugurated the newest 50,000-square-meter branch of retail chain HyperOne in New Sphinx, west Cairo, coming with investments valued at EGP 650 mn.
Orascom Construction has unveiled posting an 8.2% YoY rise to USD 1.6 mn (EGP 25.8 mn) in its H1 2020 revenues, compared to USD 1.5 mn (EGP 23.7 mn) in the year-ago period, despite falling short in profitability.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has inspected work underway on the comprehensive development project of the historic Ain El Sira Lake, in addition to progress on the renovation of Magra El Oyoun aqueduct.
Egypt's real estate developer Master Group has announced plans to implement new projects in the New Administrative Capital (NAC), North Coast, Upper Egypt, and South Sinai by 2021.
Egypt-based Amer Group is still in the preliminary phase of conducting financial studies and due diligence on the feasibility of land purchase in New Sohag.
Isqan.com will soon launch to revolutionize the real estate shopping experience in Egypt by providing homebuyers with an integrated digital platform that will enhance their next property purchase.
Al Fanar for Contracting, Construction, Trade, Import, and Export Company (Al Fanar) and Hassan Allam Construction (HAC) have partnered for some civil works in Toshka in the southern desert of Egypt.
Egypt's Madinet Nasr for Housing and Development (MNHD) has agreed on an EGP 1.1 bn syndicated loan, aiming to proceed with plans to pump EGP 12 bn over the next three years into east Cairo's Sarai and Taj City projects.
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