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IC Group Starts Delivery of New Cairo’s Life Mall to Open in Q1 2021

IC Group has commenced the handover of its 4,800-square-meter commercial project in New Cairo, or "Life Mall," in a bid for official opening and operation in Q1 2021.

Elsewedy Electric Receives High-Level Delegation From Business France

Elsewedy Industrial Development, a subsidiary of Egypt-based cable maker Elsewedy Electric, has received a high-level delegation from Business France, to visit one of the former company’s projects in 10th of Ramadan City, Sharqia Governorate.

El Gazzar Explores Ways to Rush Execution of New Alamein’s UNIL Campus

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has held an expanded meeting to discuss ways to begin implementing the international branch campus (IBC) of Egypt's first hospitality management school in New Alamein, or Swiss-based "University of Lausanne (UNIL)."

Capital Link Plans for Another EGP 200 mn Project in NAC

Capital Link Developments has confirmed plans to introduce its second real estate project in the New Administrative Capital (NAC), named "Dorado," with investments estimated at EGP 200 mn.

Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE

The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.

Red Sea Province to See EGP 10.8 bn Public Investments in FY 2020/21

At least 162 development projects, worth a total of EGP 10.8 bn of public investments, are in the pipeline at the Red Sea Governorate as part of the state's “Citizen Investment Plan" for FY 2020/21, which aims to bridge the planning process of Egypt Vision 2030.

Hassan Allam Properties to Sponsor Egypt’s 1st IRONMAN 70.3

Hassan Allam Properties (HAP) has announced its sponsorship of Egypt's first-ever round of the world-class triathlon race IRONMAN 70.3, which will take place on the Red Sea coast of Hurghada on November 19, 2021.

Badreldin Aims to Deliver West Cairo’s Kayan Compound in 2022

Badreldin Developments is on the verge to launch a new phase of its 100-acre residential compound in west Cairo's Sheikh Zayed, dubbed "Kayan," with plans to begin deliveries in 2022.

SHMFF Attempts to Automate its Real Estate Financing Services

The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with the Ministry of Communications and Information Technology to automate its services, in a move aimed at developing a digital real estate financing system.

Hassan Allam Construction Gets Work on New Hospital in West Cairo

Egypt's Hassan Allam Holding (HAH) has announced that its subsidiary, Hassan Allam Construction (HAC), was awarded work on foundations and skeleton frames for the Baheya Foundation’s new hospital branch in Sheikh Zayed, west Cairo, specialized in the treatment and early detection of breast cancer.

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