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Orascom Construction Inks USD 1.3 bn Deals in Q3

Orascom Construction (OC) has signed new contracts worth USD 1.3 bn in Q3 2019, spiking by 150% year-on-year (YoY) and 39% quarter-on-quarter (QoQ)

West Qena to See 1,680 Housing Units Done by July 2020

West Qena is awaiting the finalization of 1,680 residential units, within 70 buildings, as part of Sakan Misr medium-income project by late June 2020, in the course of providing affordable housing to low-income citizens

New Capital’s Value Reaches EGP 1 trn: PM

Prime Minister Mostafa Madbouly has revealed that Egypt’s New Administrative Capital (NAC) worth has so far reached EGP 1 trn.

ALDAU Development Restores Hyatt Hotel Brand to Egypt

Egypt's property developer ALDAU Development has entered into a franchise agreement with an affiliate to Hyatt Hotels Corporation for a Hyatt-branded hotel in west Cairo, marking the return of the hospitality brand to the Egyptian capital

5th ‘Egypt Can’ Conference to Host 65 Expat Investors

"Egypt Can" conference will resume its fifth round next week from October 16 to 17, under the title "Egypt Can with Investment and Development," inviting 65 of the top Egyptian expat investors.

Advertorial: Amer Group Successfully Releases Porto Heliopolis

Amer Group has announced the launch of Porto Heliopolis, the first gated community in Heliopolis, east Cairo.

El Gazzar Brings Investment Opportunities to Egypt

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with UAE's Minister of Infrastructure Development and Businessman Khalaf Al Habtoor to review investment opportunities in Egypt.

Palm Hills Alexandria Phase II to Kick off Soon

Egypt's real estate developer Palm Hills Developments (PHD) will launch the second phase of its Palm Hills Alexandria project on November 1, offering a wide variety of unit sizes.

Egyptian Mortgage Federation Launches New Program

Nagui Fahmy, chairman of the Egyptian Mortgage Federation (EMF) launched the Accredited Mortgage Program (AMP), set to take place on November 2, demonstrated the efforts exerted towards improving the mortgage finance climate in Egypt

Gov’t Inspects Latest Progress at NAC Projects

Deputy Minister of Housing for National Projects Khaled Abbas and Assistant Vice Chairman of the New Urban Communities Authority Gamal Talaat have inspected a number of projects in the most sought-after New Administrative Capital (NAC), in the presence of the capital's Chairman Mohamed Abdel Maqsoud.

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