News / Egypt

El Gazzar Inspects Development Projects in Old Cairo

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.

Master Group Plans for 5 New Projects Across Egypt: CEO

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.

Amer Group Still Mulls Land Purchase in New Sohag

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 to Soon Digitize Property Shopping in Egypt

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.

Hassan Allam, Al Fanar Join Forces for Toskha Project

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.

MNHD, CIB Seal EGP 1.1 bn Syndicated Loan Agreement

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.

NUCA Issues 60 Decisions for Various Projects in August: Official

Assistant Minister for Community Affairs of the New Urban Communities Authority (NUCA) Waleed Abbas has unveiled that almost 60 ministerial decisions for development projects have been issued in August.

Almost Half of NAC’s Iconic Tower Complete: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has indicated that 42 floors of the 80-story Iconic Tower in the New Administrative Capital (NAC) were constructed so far, which is being carried out with investments worth USD 3 bn (EGP 47.6 bn).

Work on New Alamein Coastal Towers to Conclude in 2021: Minister

Egypt has constructed about 84% of the 15 coastal towers being undertaken in New Alamein, which are scheduled for finalization in 2021.

Al Ahly Sabbour to Roll Out New Spinneys Branch in ‘The City of Odyssia’

Al Ahly Sabbour Development has signed a Memorandum of Understanding (MoU) for a new hypermarket branch of Spinneys Egypt in "The City of Odyssia," the developer's flagship project in east Cairo's Mostakbal City.

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