News / Egypt

New Sphinx Authority Gets 6,240 Applications for Land Reconciliation

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said that the New Sphinx City Authority has received 6,240 requests for reconciliation on land plots located in the new city

NUCA Nods to EGP 60.281 bn Budget for FY 2019/20

The New Urban Communities Authority (NUCA) has said that its board of directors (BoD) agreed on the FY 2020/21 budget, with total investments worth EGP 60.281 bn

Misr Italia Properties Starts Delivery of IL BOSCO in 2020

Misr Italia Properties (MIP) announced it will start the delivery of the first phase of 'IL BOSCO' in 2020 ahead of schedule set in 2021

Mountain View to Deliver iCity Phase I in June

Egypt's private property developer Mountain View eyes EGP 1.5 bn investments in 2020 to start the delivery of 12,00 residential units in the first phase of iCity development project in June

Elsewedy Electric Alliance Wins 1st Dry Port in Egypt

Elsewedy Electric has announced that its consortium with DB Schenker Egypt and 3A International was awarded the establishment of Egypt's first dry port in the 6th of October city

SODIC Sponsors 1st Special Olympics Pan African Games 2020

Sixth of October Development and Investment Company (SODIC) has been the exclusive real estate sponsor of the first-ever Special Olympics Pan African Games for 2020

MHND Concludes EGP 305 mn Securitized Bonds in December

Egypt’s Madinet Nasr for Housing and Development (MNHD) has clarified that it earlier closed a secrutinized bond issuance on December 19

Marriott Int’l to Open St. Regis Hotel in NAC

US multinational hospitality brand Marriott International has signed an agreement to open a St. Regis hotel in the New Administrative Capital (NAC), east Cairo

Real Estate Development Chamber Reviews 2020 Plans

Egypt’s cabinet is currently reviewing the Real Estate Development Law legally to be sent soon to the parliament for approval

Akam Developments Holds Annual Event for Employees

Egypt-based Akam Developments held an event on January 9 at Marriott Mena House for its employees and executive board members, wherein the company’s deputy CEO Saad El Ghaithy has joined via a voice call.

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