News / Egypt

Phase I of Roxy Smart Parking Officially Kicks Off

The first phase of the four-story Roxy Smart Parking in Heliopolis, east Cairo, was inaugurated on July 21 by Prime Minister Mostafa Madbouly, marking the first fully-automated underground garage in Egypt and the Middle East.

Invest-Gate Forms Its Real Estate CSR Committee

Invest-Gate forms the first corporate social responsibility (CSR) committee for the Egyptian real estate sector, along with key property developers, to carry out social investment and enhance the livelihood of those underprivileged, complementing the success made by the former's first real estate industry charitable Sohour “Bab El Ezz."

Pali: “The Hawaiian Cliff”

Shahawi Properties has launched a new phase at its latest Hawaiian destination, Pali, located on the North Coast

Majid Al Futtaim to Open 3rd Mall in Egypt Late September

City Centre Almaza, Majid Al Futtaim's third mall in Egypt, located in Heliopolis, east Cairo, will open its doors to the public on September 30, boasting 103,000 square meters of unprecedented retail and dining outlets.

Qalyubia to Have Specialized Investment Zone

Prime Minister Mostafa Madbouly issued a decision on July 22 to establish a specialized investment area, covering 15,029 square meters in the Delta city of Benha, Qalyubia Governorate.

Committee to be Formed to Execute Golden Triangle Project: PM

Prime Minister Mostafa Madbouly has mandated the creation of a technical committee to plan for implementing Red Sea's Golden Triangle Development Project, using studies prepared by Italian consulting firm D’Appolonia

Ora Developers Invites World Clubs to Partake in ZED Cup’s 1st Edition

Egyptian tycoon Naguib Sawiris’ Ora Developers has announced the launch of the first edition of ZED Cup, organized between August 25-30, taking place at its newly-introduced sports complex in ZED Park.

Imkan Obtains Land Plot in New Cairo

Imkan Properties, the real estate arm of Abu Dhabi Capital Group (ADCG), has been allotted a 166-acre plot in New Cairo by the Ministry of Housing, Utilities, and Urban Communities, worth a total of EGP 5 bn.

Gov’t Extracts 97% of Rubble in Maspero Triangle

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar held a meeting on July 17 to follow up on progress made with regards to Maspero Triangle Development Project, whereas 97% of rubble were extracted off-site.

White Bay Unveils Nirvana Serviced Huts at Sidi Heneish

Egypt-based PACT for Investment and Real Estate Development has unveiled its newest addition at the heart of Sidi Heneish, Nirvana Huts, extending over the silky beach of its residential project White Bay.

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