Madinet Nasr Housing Development (MNHD) closed on December 19 an EGP 370 mn securitized bond issuance by Financial Group for Securitization Company (FGS)
The Central Bank of Egypt (CBE) stated on December 26 that the country's current account deficit narrowed to USD 1.382 bn (EGP 22.53 bn) in the first quarter of FY 2019/20 from USD 2.012 bn (EGP 32.79 bn) in the prior-year period.
Schneider Electric’s Global CEO and Chairman Jean-Pascal Tricoire has paid a visit to Tatweer Misr's flagship development in Ain Sokhna, named "IL Monte Galala," to witness construction updates on-site.
Rooya Group has released a new mixed-use project, called “Stone Street,” as part of its flagship project in New Cairo, or the "Stone Development."
Egypt's Sixth of October Development and Investment Company (SODIC) has sold out EGP 1 bn worth of units at its New Zayed project, called “VYE," in 48 hours only due to the high demand.
Egypt-based City Edge Developments (CED) has inked three memorandums of understanding (MoUs) with four foreign companies to provide facility management and lease administration services for multiple projects in New Alamein
Egypt's newly-announced and long-awaited cabinet reshuffle brings Sayed Ismail as the new deputy minister of housing for infrastructure affairs
The latest research by Regus, the global workplace provider, has revealed that flexible workspaces will contribute over USD 254 bn (EGP 4.09 trn) to local economies in the next decade.
UK-based property advisor Savills Egypt has revealed that expansion works are underway at west Cairo's Arkan, bringing the mixed-use project's built-up area to 260,000 square meters by Q1 2020.
قال الدكتور عاصم الجزار، وزير الإسكان والمرافق والمجتمعات العمرانية، إنه سيتم تسليم 33 مبنى سكني مميز في مدينة العلمين الجديدة ابتداءً من يناير المقبل
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