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Renovation of Alexandria’s Tramline to Begin in Early 2021: NAT

The National Authority for Tunnels (NAT) will begin transforming Alexandria's El Raml tramway network – the oldest tram system in Africa and one of the oldest in the world – into a metro line worth EUR 360 mn (EGP 6.6 bn) in early 2021.

Great Transfiguration Project in Saint Catherine Underway

Khaled Abbas, Deputy Minister of Housing for National Projects, has stated that the National Committee is studying the implementation of the Great Transfiguration Project in Saint Catherine, Invest-Gate reports.

Housing Minister Tours NAC’s Latest Developments

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has toured the Capital Central Park and Central Business District (CBD) projects in the New Administrative Capital (NAC) to stay abreast of new developments on site.

Aqar Masr Seals EGP 100 mn Cityscape Deals From NAC Project

Aqar Masr for Real Estate Development has announced sealing EGP 100 mn worth of deals from its first residential project in the New Administrative Capital (NAC), “Anakaji,” during its participation in Cityscape Egypt from November 4-7.

NUCA VP Inspects Projects in New 6th of October City

Abdulmutallab Mamdouh, NUCA Vice President, inspects underway projects in New 6th of October City, accompanied by Adel Al-Nagar, Head of the City Authority, along with officials of the agency, Invest-Gate reports.

IGI Lists Homes at Ashghar City Under CBE Initiative

IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizing the country's mortgage industry by offering convenient payment facilities for potential buyers.

El Attal Markets 85% of NAC’s Park Lane Project: Vice Chairman

El Attal Holding Vice-Chairman Mohamed Elattal has affirmed selling out 85% of "Park Lane Compoundhood," the company's flagship project in the New Administrative Capital (NAC), which is scheduled for handover in Q1 2021.

Master Group Sells 100 ‘City Oval’ Units in 2 Days

Master Group Vice-Chairman Mohamed Mounir has confirmed that 100 residential units at the company's newest mixed-use project in the New Administrative Capital (NAC), or "City Oval," were booked on the first two days of Cityscape Egypt, which runs from November 4 to 7.

Ajna Offers 10-Yr Payment Plans at Cityscape Egypt

Ajna Developments CCO Sherif Saleh has indicated that exclusive offers of 10% down payment and 10-year installment schemes are presented the company's first home project in Ain Sokhna, Carnelia, during Cityscape Egypt from November 4 to 7. 

The Waterway Pumps EGP 13 bn in Egypt’s Real Estate Market

The Waterway Developments has announced plans to pump EGP 13 bn in Egypt's real estate market with the launch of three projects in New Cairo.

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