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TMG to Establish 5-Star Hotel in Luxor

The Arab Company for Hotel & Tourism Investment (ICON), a subsidiary of Talaat Mostafa Group (TMG), and the Egyptian General Company for Tourism and Hotels (EGOTH) have inked a deal to establish a 5-star hotel on Sultana Malak land in Luxor, Invest-Gate reports.

ACUD Chairman Inaugurates Al-Ahram New Capital Exhibition

Chairman of the Administrative Capital for Urban Development (ACUD) Ahmed Zaki Abdeen, along with Al-Ahram Institution CEO Abdel-Mohsen Salama, inaugurated on February 20 the first real estate exhibition dedicated to the New Administrative Capital (NAC)

MG Developments to Launch Blue Blue El Sokhna Phase III

MG Developments intends to launch a new phase in the Blue Blue resort during the first half of this year, with investments amounting to EGP 750 mn

Beta Egypt Acquires ISO 9001: 2015 for Urban Development

Beta Egypt for Urban Development has been awarded the ISO 9001: 2015 certification for urban development projects including residential communities and commercial buildings

Mabany Edris to Roll Out Integrated Project in New Assiut

Egypt-based Mabany Edris plans to launch a fully-integrated development project in New Assiut, Upper Egypt, Invest-Gate reports.

Cityscape Egypt to Run its 9th Edition in March

Cityscape Egypt will launch its ninth edition at Egypt International Exhibition Center (EIEC) from March 18 to 21, wherein over 62 local and international exhibitors will take part and new projects will be unveiled

Port Ghalib Resort Inks Deal With Movenpick for New Red Sea Hotel

Port Ghalib Resort, a subsidiary of Kuwait's M.A. Kharafi Group, has signed a hotel management deal with Mövenpick Hotels & Resorts for a new hotel on the western coast of the Red Sea

Castle Development, Schneider Ink Energy Management Deal

Egypt's real estate developer Castle Developments has signed a memorandum of understanding (MoU) with Schneider Electric to provide energy management and automation to the former's latest project, Castle Landmark, in the New Administrative Capital (NAC)

Sisi, Amer Discuss Monetary Policies

President Abdel-Fattah El-Sisi stressed the necessity of coordination between different state apparatuses to reduce public debt and inflation rates, Invest-Gate reports.

ODE Brings Kent College to O West

Orascom Development Egypt (ODE) has signed a school development agreement with Kent College to manage and operate a K-12 international school in O West, Invest-Gate reports.

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