News / Egypt

Works at Amer Group’s Porto Heliopolis Paused

Amer Group has confirmed that works at its latest project in east Cairo, Porto Heliopolis, owned by its subsidiary Delmar for Touristic Development, have been temporarily suspended by the competent authorities.

Kafr El Dawar Embraces EGP 130 mn Social Housing Project

Kafr El Dawar's social housing project, located in Beheira Governorate, has been officially inaugurated, with investments worth EGP 130 mn.

Orascom Investment, Qatari Diar Eye Potential Partnership

Egypt's Orascom Investment Holding (OIH) is in talks with Qatari Diar Real Estate Investment Company for a potential deal, after conducting several feasibility studies of different investment opportunities at the regional and global levels.

Orouba Misr Uncovers Orouba Mall in Damanhour

Orouba Misr Development unveiled on October 17 that construction works at "Orouba Mall" in Damanhour have commenced on-site, with investments worth EGP 5 bn.

Majid Al Futtaim’s Investments in Egypt Hit USD 2.6 bn

Abdullah Al Nokrashy, regional manager of UAE's retail developer Majid Al Futtaim, has revealed that the group's total investments in Egypt stand at USD 2.6 bn (EGP 41.95 bn)

Egypt Advances 6 Spots in WB’s Doing Business 2020

Egypt's ranking advanced six spots in the World Bank (WB) Group’s Doing Business 2020 report, thanks to the notable reforms being implemented for economic growth.

TMG Holding is Cityscape Global’s Top Pick for October

Talaat Moustafa Group (TMG) Holding's Privado in Madinaty and Celia in the New Administrative Capital (NAC) have been picked by Cityscape Global as its "October Projects of the Month"

Invest-Gate Wins ‘Best Real Estate Information Platform’ 2019

AI Global's BUILD Review has awarded Invest-Gate the "Best Real Estate Information Platform" for 2019 for its impressive performance in Egypt and the Middle East.

Ajna Developments Makes Debut with EGP 3 bn Ain Sokhna Project

Ajna Developments made its debut in the Egyptian real estate market with its flagship project in Ain Sokhna, "Carnelia," which will see investments worth EGP 3 bn

Kuwait to Fund Phase II of Sinai Development With USD 1 bn

Egypt and Kuwait signed two financing deals worth over USD 1 bn to finance the second phase of the Sinai development program

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