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Sawiris Plans for USD 2 bn Tourism Projects in North Coast

Egyptian tycoon Naguib Sawiris has revealed his intentions to pump investments estimated at USD 2 bn into the Egyptian tourism sector, namely in the North coast, to join the host of tourism projects being implemented in the area.

El Batal Pumps EGP 9 bn into Egyptian Property Market

El Batal Group for Housing and Development has revealed that its total investments in the Egyptian real estate market reached around EGP 9 bn so far.

SODIC to See Investments Worth EGP 5.15 bn in 2019

Sixth of October Development and Investment (SODIC) has announced plans to pump EGP 5.15 bn worth of investments into its development projects during 2019.

First Group Mulls New Project in NAC

Egypt's property developer First Group considers the implementation of an administrative project in the New Administrative Capital (NAC) in the coming period.

Progate Uncovers EGP 2 bn Zavani in NAC

Progate Development launched on March 27, the first day of Cityscape Egypt 2019, its newest residential project in the New Administrative Capital (NAC), Zavani.

Sorouh to Invest EGP 1.5 bn in NAC’s Entrada Avenue Mall

Egypt's Sorouh Developments intends to inject investments worth EGP 1.5bn in Entrada Avenue Mall this year.

ITDA Awards Construction of 6 Logistic, Commercial Zones

The Internal Trade Development Authority (ITDA) has awarded contracts to some Egyptian and foreign investors to develop six logistics and commercial zones in six different governorates, with combined investments worth EGP 30 bn.

MNHD Sells Plot in Taj City to Develop Apartment Hotel

Madinet Nasr Housing and Development (MNHD) announced on March 26 that it will sell a non-residential plot in Taj City, east Cairo, to Minka Real Estate Investment for EGP 184.8 mn, in a bid to develop the first hotel apartments building within the compound.

Akam Developments Plans to Launch 2nd Project in NAC

Egypt-based Akam Developments has announced plans to launch its second residential project in the New Administrative Capital (NAC), following the success it garnered from its previously released project, Scenario.

SAK Developments Targets EGP 500 mn in Sales of Sueño in 2019

SAK Developments targets EGP 500 mn in sales of its Sueño compound in the New Administrative Capital (NAC) in 2019.

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