News / Egypt

Orascom Construction, Siemens to Rebuild 1.6 GW Plant in Iraq

Egypt's Orascom Construction has announced that its consortium with Siemens signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq, Invest-Gate reports.

Egypt’s NAC to Have Largest Entertainment District in MENA

Egypt is nearing to finalize a deal for an entertainment district in the New Administrative Capital (NAC), east Cairo

Porto Group to Implement EGP 3 bn Project in Assiut

Porto Group's subsidiary, Porto Assiut Tourism Development, has signed an agreement with New Urban Community Authority (NUCA) to purchase a land plot in Assiut, Upper Egypt, for the implementation of an EGP 3 bn project.

Gov’t Plans to Offer 2,082 Plots in 17 New Cities

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 2,082 plots will be offered in 17 new cities, starting September 17.

SODIC to Launch EGP 34 bn Projects in New Zayed

Sixth of October Development and Investment Company (SODIC) has revealed its future plans to launch four additional projects in New Zayed, west Cairo, pumping investments worth EGP 34 bn over ten years.

Orascom, BESIX to Develop Waste-to-Energy Plant in West Cairo

The New Urban Communities Authority (NUCA) has signed a memorandum of understanding (MoU) with Orascom Construction and Belgium-based BESIX Group to establish a waste-to-energy plant in west Cairo

Cabinet to Receive Real Estate Development Draft Bill

Primer Minister Mostafa Madbouly has mandated the swift finalization of a draft law to establish the "Egyptian Federation for Real Estate Developers," which aims to regulate property development, ahead of its presentation to the cabinet for approval.

PHD, JBI Partner for Badya’s Project Management

Egypt's real estate developer Palm Hills Developments (PHD) signed on September 10 a service agreement with Julius Berger International GmbH (JBI) for project management of Badya in 6th of October City, west Cairo.

Porto Group Officially Launches Golf Porto Cairo

Porto Group celebrated on September 7 the official launch of Golf Porto Cairo, its latest project in Mostakbal City, east Cairo.

Nasser City Expects Over 3,000 Units Done in December

West Assiut's Nasser City will witness the finalization of 1,584 social housing units, together with 1,440 apartments in the city’s Sakan Misr medium-income project, by next December

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