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New Damietta Sees Delivery of Over 3,716 Dar Misr Units: Official

Head of New Damietta Development Authority Mohamed Ragab said 2,616 and 1,100 residential units were handed over to beneficiaries at phase I and phase II of Dar Misr middle-income housing project, respectively, with more deliveries ongoing

Gov’t to Deliver 288 Dar Misr Units in October Gardens Mid-July

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 27 that 288 housing units, within 12 buildings, at the first phase of Dar Misr middle-income project in October Gardens, west Cairo, will be delivered to recipients starting July 18.

New Minya to Have 20,000 Cubic Meter Sanitation Plant

New Minya will soon see the completion of a wastewater treatment plant, with a capacity of 20,000 cubic meters per day as a first phase

Al Riyadh Misr Awards Free Gardens for Buyers During AFCON 2019

Egypt-based Al Riyadh Misr for Real Estate Development is awarding a free 30-square-meter garden for those buying units at its projects in Shorouk City and New Cairo during the 2019 Africa Cup of Nations (AFCON)

Steigenberger Hotels Unveils New Property in Cairo

Deutsche Hospitality's luxury brand Steigenberger Hotels and Resorts is growing its portfolio in Egypt with its 12th hotel venture, "Steigenberger Pyramids Cairo," nestled amidst Giza Pyramids and Grand Egyptian Museum.

El Gazzar Says 4,704 Units at New Mansoura’s Sakan Misr 82% Done

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 4,704 housing units, spreading across 196 separate buildings, are 82% done at New Mansoura's Sakan Misr middle-income project

Heliopolis Housing Sells EGP 259 mn Plots in Sheraton 

Heliopolis Company for Housing and Development (HHD) has achieved EGP 259 mn from auctioning plots in Sheraton, Heliopolis, selling about 1,980 square meters of the firm's land bank

June 30 Axis to Start Operating Next Month: Minister 

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 26 that the parallel route to the Suez Canal - or June 30 Axis - will be inaugurated next month, slated to link Port Said, Ismailia, and Suez provinces.

Egypt Approves Largest-Ever State Budget

Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's history.

Thomas Cook to Soon Debut 2 New Hotels in El Gouna

Thomas Cook Group plans to open two new hotels within a couple of months in El Gouna, Hurghada, notably Cook’s Club and Casa Cook, as popularity augments for the all-year-round destination among vacationers.

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