The Egyptian Cabinet has approved Emaar Misr's request to implement a 64-acre investment zone in its flagship project on east Cairo's Mokattam Hills, or "Uptown Cairo."
Misr Italia Properties (MIP) has signed off on setting up the very first kitesurfing center in Ain Sokhna at its flagship project Kai Sokhna, which is slated for opening in the final quarter of 2020.
Sixth of October for Development and Investment Company (SODIC) has unveiled the pre-launch of phase II of its latest New Zayed project, or "VYE," introducing a limited range of solar-powered homes.
Egypt-based developer IGI Real Estate has agreed on a loan facility from the National Bank of Egypt (NBE) to finance the construction of its flagship project in 6th of October City, named "Ashgar City," with the first tranche valued at EGP 600 mn.
Carrefour has opened its 53rd branch in Egypt, further anchoring its commitment to supporting the growth and development of the local community by offering various choices of quality products at affordable prices.
Emaar Hospitality Group's Address Hotels & Resorts has made a debut on Egypt's North Coast with its first resort in Egypt, called “Address Marassi Golf Resort," after seven months of steady construction work.
Egypt's Cabinet has ratified a USD 500 mn (EGP 8 bn) extension to a World Bank (WB) facility, as part of a program to improve access to low-income housing and bolster the state’s Social Housing and Mortgage Finance Fund (SHMFF).
Misr Italia Properties (MIP) has uncovered posting EGP 200 mn in sales of Allure Executive Offices - the latest addition to its integrated administrative complex, or Cairo Business Park - within its first 48 hours of launching.
The New Urban Communities Authority (NUCA) began the offering of about 2,351 land plots in more than 14 new cities for online reservations on July 28.
International real estate consultancy firm Savills has been appointed to offer property management and agency services for west Cairo's Ivory Business Park (IBP), which is set to launch mid-2021.
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