Pyramids Developments has uncovered that its mixed-use project in the New Administrative Capital (NAC), or "Grand Square Mall," will be ready to be put up for operational lease by January 2021.
DM Development posted EGP 700 mn in sales of 400 residential units of The Groove Sokhna Resort’s Brellia Village, along with EGP 300 mn from 102 other homes at phase 1 of the Red Sea project's Sereia, during the third quarter of 2020.
Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities and Major General Khaled Abdel Aal, Governor of Cairo, have held an expanded meeting to follow up on the ongoing development projects across the capital, Invest-Gate reports.
El Mostakbal for Urban Development has authorized Development & Housing Company for Real Estate Investment to develop a 30-acre- integrated urban project as part of Mostakel City's third phase in New Cairo
Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, has stated that there is a tremendous demand on reserving the 125,000 fully finished housing units, Invest-gate reports.
ELSEWEDY ELECTRIC for Trading & Distribution signs a new EPC contract with the Egyptian Government worth USD 90 Million for highway intelligent transportation system
Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, has approved the allocation of 21 land plots in eight new cities in Upper Egypt, Invest-Gate reports.
Magdy Youssef, Acting Head of the New Nubaria City Development Authority, inspects the second industrial zone in the city, accompanied by the agency officials, to follow up on the projects underway in the area, Invest-Gate reports.
Transport Minister Kamel El Wazir has announced that the trial operation of Egypt's first monorail, which connects El Salam City with the New Administrative Capital (NAC) and 10th of Ramadan City, will kick off around August 2021.
The World Bank (WB) foresees Egypt to become the top recipient of remittances at a value of USD 24.4 bn (EGP 382.2 bn) across the MENA region in 2020.
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