News / Egypt

ASG to Invest EGP 1.4 bn For Shepheard Hotel Renovation

Egyptian General Company for Tourism & Hotels (EGOTH) has inked an investment deal worth EGP 1.4 bn with Saudi Al-Sharif Group for Contracting, Trading and Development Holding (ASG) to renovate Shepheard Hotel, Invest-Gate reports.

JANNA, Sakan Misr in New Cairo Inspected Prior To Delivery

National Utility Communities Authority [NUCA] Deputy Assistant Gamal Talaat inspects housing projects Janna and Sakan Misr based in New Cairo, accompanied by government office and companies carried out the projects officials, Invest-Gate reports.

First Novotel in Alexandria Lands in Orouba Skyline Project

Accor, a world-leading augmented hospitality group, and real estate developer, El Orouba Misr, join forces to launch the first Novotel in its Orouba Skyline compound in Alexandria

URGENT: Crowded Activities On Halt Due To Coronavirus Spread

Egypt's Prime Minister Mostafa Madbouly decided, on March 9, to put off crowded events due to the Coronavirus spread until further notice, state-owned Ahram newspaper announced.

Al Ahly Sabbour, NUCA Partner to Develop KEEVA in West Cairo

Al Ahly Sabbour Developments, in partnership with the New Urban Communities Authority (NUCA), has launched KEEVA, the former's latest development worth EGP 5 bn in the 6th of October City

ODE Inks EGP 450 mn Deal for Two Schools in O West

Egypt's developer Orascom Development Egypt (ODE) signed a cooperation agreement with Cairo for Investment and Real Estate Development (CIRA) to establish two schools at O West integrated community in the 6th of October City, with a total investment of EGP 450 mn

Marseilia Eyes EGP 5 bn Investments in North Coast’s Cascadia

Marseilia Group plans to invest EGP 5 bn in its newest project, dubbed “Cascadia,” located in the heart of Sidi Abdel Rahman on the North Coast

NBB Signs Finance Deal with Eagle Hills Diyar

The National Bank of Bahrain (NBB) has signed a collaborative agreement with Eagle Hills Diyar (EHD) to provide the bank's customers with special offerings for properties within Marassi Al Bahrain in Diyar Al Muharraq

MNHD Sells Land Plot for EGP 1.15 bn in Taj City

Egypt's urban developer Madinet Nasr Housing and Development (MNHD) has inked a deal selling a 114,537-square-meter residential land plot in Taj City to Sallam family-owned Minka Real Estate Investment for EGP 1.145 bn

Gov’t Invests EGP 69 bn in El Andalus: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar, announced that the 10th of Ramadan's El Andalus neighborhood has so far seen USD 4.4 bn (EGP 68.72 bn) worth of investments in social housing units

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