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Work on NAC’s Capital Park Must Conclude Before 2021: Abbas

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has undertaken a follow-up visit to the New Administrative Capital’s (NAC) Capital Park project, where he called on contractors to finalize work on-site before year-end.

El-Sisi Inaugurates Phase IV of Cairo Metro Line III

President Abdel-Fattah El-Sisi has inaugurated Adly Mansour Metro Station, as part of the fourth phase of developing Cairo Metro Line III.

Minka Launches EGP 5 bn Project in East Cairo

Minka Development has launched an integrated urban development in east Cairo, called “Kinda,” with planned investments of EGP 5 bn, attempting for completion in 2025.

Official Visits New Sphinx’s HyperOne Before Opening

Head of New Sphinx Development Authority Khaled Sorour has paid a visit to HyperOne's newest branch in west Cairo's New Sphinx to keep abreast of the latest preparations for the official inauguration, which is set to make way for further investments in the new city.

Tatweer Misr Sees EGP 2 bn Sales in H1 2020

Tatweer Misr recorded EGP 2 bn worth of sales in H1 2020 - equivalent to 75% of the developer's target sales for the period, making way for similar gains in the months ahead to log contractual deals of EGP 6 bn by year-end.

Builderia to Invest EGP 500 mn in NAC’s Paragon

Egypt's Builderia Development plans to pump EGP 500 mn into its first intelligent administrative complex in the New Administrative Capital (NAC), or "Paragon," aiming for completion in 2022.

Cityscape Egypt to Return Next November

Informa's Cityscape real estate exhibition will take place from November 4-7 at the Egyptian International Exhibition Center (EIEC) in New Cairo, after being postponed back in March due to COVID-19 outbreak.

Egypt to Build 4 Non-Profit Universities Nationwide

President Abdel-Fattah El-Sisi has issued a presidential decree to implement four new non-profit private universities, in an attempt to better serve different areas and change the scope of higher education in Egypt.

New Alamein Holds 1st Auction for 11 Properties

New Alamein City Authority has held the first auction for 11 mixed-use properties, in a bid to offer the necessary services and facilities to roll out a fully-fledged all-year-round city.

Marseilia Group Delivers 850 Homes in Marseilia Beach 4

Marseilia Group has delivered phase II of its North Coast flagship project, dubbed "Marseilia Beach 4," with a total of 850 chalets and villas, in the face of strains endured to continue construction and finishing works due to Coronavirus.

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