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Porto Group Unveils First-of-its-Kind Project in East Cairo

Porto Group celebrated on July 18 the preliminary launch of its latest compound in Mostakbal City, named “Golf Porto Cairo,” featuring for the first time in Egypt a separate yard with each unit and overlooking a one-of-a-kind golf course.

El Gazzar Visits CED’s Headquarters to Follow Up on Latest Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar paid a visit on July 16 to City Edge Developments' (CED) headquarters in Sheikh Zayed, west Cairo, to follow up on the company’s latest projects in Egypt.

OUD Eyes EGP 300 mn Sales of Summer 2019 Property Exhibitions

Egypt-based Orientals for Urban Development (OUD) targets achieving EGP 300 mn in sales of real estate shows held during summer, starting as of July, participating with a vast portfolio that combines diverse residential, coastal, hotel, and industrial projects.

Living Yards Obtains Ministerial Approval for Developing The Loft 

Egypt-based Living Yards Developments obtained on July 11 ministerial approval for the development of its first flagship project in the New Administrative Capital (NAC), The Loft, which is being implemented with investments estimated at EGP 2.5 bn.

Gov’t Builds 9 New Sanitation Projects in Alexandria

Head of Egypt's Central Authority for Potable Water and Wastewater (CAPWW) Hassan El Far said a total of nine wastewater projects are being implemented in Alexandria, at a combined cost of EGP 3.179 bn.

Shuaa Repels Hikes in Property Prices Under Fuel Price Rises

Dubai-based financial services provider Shuaa Capital expects real estate developers to not raise property prices under the latest round of fuel price hikes, arguing that the increase may reduce demand and eventually lead to a slowdown in sales.

SODIC Establishes New Sporting Club in West Cairo

Sixth of October for Development and Investment (SODIC) celebrated the soft opening of a new upscale sports facility, named "Club S,” aiming to meet the needs of the 15,000 current residents of its flagship projects in Sheikh Zayed, Allegria and SODIC West.

CCR Uncovers Frontgate Mall in NAC

Egypt-based Capital Construction and Real Estate (CCR) has announced the launch of Frontgate Mall in the New Administrative Capital's (NAC) MU23 District.

Egypt Investment Map Phase II Kickstarts with 2,000 New Opportunities

Minister of Investment and International Cooperation Sahar Nasr uncovered on July 15 the second phase of Egypt’s investment map, adding up 2,000 new investment opportunities to the Egyptian market.

SODIC, NUCA Agree to Change Land Use of Al Yosr’s Plot

Sixth of October for Development and Investment (SODIC) and the New Urban Communities Authority (NUCA) have agreed on changing the land use of an agricultural plot, located in Sheikh Zayed and owned by the former's subsidiary, Al Yosr for Projects and Agricultural Development, to residential.

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