News / Egypt

ACUD Awards EGP 140 mn Tender for Solar Systems in NAC

The Administrative Capital for Urban Development (ACUD) has selected Benha Electronics and Suntech Egypt to build phase I of solar power systems on some public buildings in the New Administrative Capital (NAC), at an investment cost of EGP 140 mn.

Gov’t Agrees to Cede AAST Campus in New Alamein

Egypt's Ministry of Housing has agreed to cede control of the Arab Academy for Science and Technology (AAST) branch in New Alamein, including the land and building components.

Al Ahly Sabbour Delivers 362 Homes in Amwaj

Al Ahly Sabbour Development has successfully delivered 362 residences in its North Coast flagship project, or "Amwaj," bidding to handover 577 others before year-end, as part of the fourth phase.

CFCM’s Shoppers to Soon Avail of No-Interest Installment Program

Cairo Festival City Mall (CFCM) and Premium Card have partnered to create a new joint venture to offer the center's shoppers an innovative payment-on-installment program, with zero interest, which is set to kick off in mid-August.

EBRD to Back NUCA Bond Program with Another EGP 1.5 bn

The European Bank for Reconstruction and Development (EBRD) will back the New Urban Communities Authority’s (NUCA) latest EGP 10 bn securitized bond issuance with EGP 1.5 bn investment.

Invest-Gate Presents DigitalWeek Recommendations for Innovating Real Estate in Egypt

Invest-Gate presents the expert-based recommendations derived from its prolific #DigitalWeek, after concluding its first-of-its-kind online conference on July 22, laying out the ins-and-outs of Egypt's real estate scene as digital technologies become the market’s new hot trend.

Invest-Gate Wraps Up DigitalWeek to Plot Road Ahead for Digital Real Estate

Invest-Gate wrapped up its first-ever #DigitalWeek on July 22, marking a tremendous success in assessing how digitization in the Egyptian property industry is transforming businesses and wider society, in a world where game-changing innovation has become the norm.

Marseilia Group Almost Entirely Delivers Marseilia Beach 4

Marseilia Group is celebrating the delivery of its North Coast megaproject, called "Marseilia Beach 4," which is being developed over three phases, with the final one scheduled for hand over in 2021.

ODE Adds 2 NIS Schools to O West at Over EGP 500 mn

Orascom Development Egypt (ODE) and Dr. Nermien Ismail Schools (NIS) have joined forces to develop two new international schools in the former Egyptian developer's O West project, at costs exceeding EGP 500 mn.

GAFI Approves 30 New Projects for CPC Egypt

The General Authority for Investment and Free Zones (GAFI) has nodded the development of 30 new projects in the investment zone of CPC Egypt for Industrial Development, located in 6th of October City.

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