News / Egypt

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.

MNHD Nods EGP 30 mn Offer for 98.4% Stake in NUI

State-run Madinet Nasr for Housing and Development (MNHD) has approved an EGP 30 mn offer to sell its 98.4%-owned subsidiary, called Nasr Utilities and Installations (NUI), to an unnamed strategic investor.

Hassan Allam to Construct New Railway Station in Giza

Hassan Allam Holding (HAH) was awarded the design and construction of Bashteel Railway Station in Giza, west Cairo, under the supervision of Transport Ministry and National Railways Authority of Egypt.

MIP to Deliver Kai Sokhna Phase I in November, Open Hilton Hotel in 2024

Misr Italia Properties (MIP) Managing Director and CEO Mohamed Khaled El Assal has uncovered plans to deliver phase I of Kai Sokhna in the upcoming November, which is being developed with combined investments of EGP 2.4 bn on the Red Sea coast.

Egypt’s Mortgage Funding Down 84.2% in April: FRA

The Financial Regulatory Authority (FRA) has unveiled that Egypt’s mortgage finance activity dropped by 84.2% last April versus the year-ago figures.

Tanta Logistics Zone Attracts EGP 6 bn Investments

Tanta logistics zone is being developed with investments worth EGP 6 bn, which is the largest of its kind for spreading over 83 acres and serving 42 mn people, thanks to its location in the middle of the Nile Delta.

Egypt Builds EGP 49 bn Commercial, Logistics Zones in 11 Provinces

Egypt has set up 18 commercial and logistics projects in 11 governorates, at a total cost of almost EGP 49 bn.

Work on NAC’s Capital Park Must Conclude Before 2021: Abbas

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has undertaken a follow-up visit to the New Administrative Capital’s (NAC) Capital Park project, where he called on contractors to finalize work on-site before year-end.

El-Sisi Inaugurates Phase IV of Cairo Metro Line III

President Abdel-Fattah El-Sisi has inaugurated Adly Mansour Metro Station, as part of the fourth phase of developing Cairo Metro Line III.

Minka Launches EGP 5 bn Project in East Cairo

Minka Development has launched an integrated urban development in east Cairo, called “Kinda,” with planned investments of EGP 5 bn, attempting for completion in 2025.

Page 509 of 852

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password