News / Egypt

SODIC Sells Allegria Residence Ahead of Official Launch

Sixth of October Development and Investment (SODIC) has announced the launch and successful sale of its luxurious apartment complex, Allegria, located at SODIC West’s main gateway, in Sheikh Zayed, west Cairo.

Elsewedy Electric to Build Industrial District Substation East of Port Said

Elsewedy Electric, the integrated energy solution provider in the Middle East and Africa, announced that its subsidiary Elsewedy Electric for Trading & Distribution has signed a new contract to build the industrial district substation of East Port Said in Egypt

Al-Futtaim Malls Announces Expansion to Cairo Festival City Mall

Al-Futtaim Malls announced on April 11 the launch of a new 22,143-square-meter expansion to Cairo Festival City (CFC) Mall, east Cairo.

ERC Posts EGP 126.3 mn Net Revenues in FY 2018

Egypt’s master and real estate developer Egyptian Resorts Company recorded net revenues of EGP 126.3 mn in FY 2018, down 55% YoY from EGP 281.1 mn a year earlier.

HAH, Abdul Latif Jameel to Develop Water Projects in Egypt

Cairo-based Hassan Allam Holding (HAH) has formed a joint venture (JV) with Abdul Latif Jameel Energy to provide upstream solutions form municipal and industrial clients, including water and wastewater management.

MG Developments to Implement HQ Project in New Cairo

MG Developments started the construction of its HQ project in the first sector on 90 Road in New Cairo's Fifth Settlement, east Cairo.

Delegation of Egyptian Businessmen Discuss Bilateral Investment Ties with KSA

A delegation of Egyptian businessmen met on April 8 with the Saudi Housing Minister Majed bin Abdullah Al-Hogail to discuss future investments in real estate.

El Gazzar Announces Winners of Lands in Badr City

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced winners of lotteries for distinguished lands in Badr City.

Housing Ministry to Establish 1.1 mn Residential Units in 5 Yrs: Official

Khaled Abbas, deputy minister of housing, utilities, and urban communities for national projects, has stated that the ministry is planning to establish 1.1 mn residential units during the upcoming five years.

Hassan Allam Properties Releases The IRIS Apartments in SwanLake Residences New Cairo

Egypt's real estate developer Hassan Allam Properties (HAP) has launched its signature, most luxurious residential apartment buildings sub-project, The IRIS, in its integrated mixed-use development SwanLake Residences New Cairo.

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