News / Egypt

Sabbour Consulting to Supervise CAMPANIA Project in Alexandria

Sabbour Consulting and Hilal Real Estate Investment and Tourism Development signed a consulting services agreement to provide general consultancy and supervise the implementation of the former company’s residential project, CAMPANIA, in Alexandria.

Tatweer Misr Inks MoU to Build Egypt’s 1st American International Branch Campus

Egypt-based property developer Tatweer Misr has signed a memorandum of understanding (MoU) with New Jersey Institute of Technology (NJIT) and Ocean County College (OCC) to establish Egypt’s first American International Branch Campus (IBC) at Mostakbal City's Bloomfields, east Cairo.

Al Dau Mulls Residential Tourism Project in West Cairo

Real estate developer Al Dau Development, a member of Sami Saad Holding, plans to launch a new residential tourism project in west Cairo during the current year.

Wadi Degla Allocates EGP 5.3 bn for Construction Works in FY 2019/20

CEO of Wadi Degla Holding Maged Helmy said the firm is allocating EGP 5.3 bn for construction works of its projects in Egypt in FY 2019/20.

Marakez to Open Mall of Tanta in August

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, plans to open its latest commercial project, Mall of Tanta, in Gharbia governorate next August, with total investments of about EGP 1 bn.

El Mostakbal Gives Back With Massive Donations

As determent to providing for the upgrade of urban living with its massive project El Mostakbal City, El Mostakbal For Urban Development invests in the less fortunate through a number of charity work across the capital.

Port Said Free Zone Sees EGP 2.5 bn FDIs: Minister

Minister of Investment and International Cooperation Sahar Nasr has announced that the number of projects being developed in Port Said Public Free Zone reaches 1,090 developments, with a combined capital of USD 12.5 bn and USD 2.5 bn worth of foreign direct investments (FDIs).

Master Group Invests EGP 12 bn in Projects at NAC

Egypt-based property developer Master Group has announced that the company plans to pump EGP 12 bn worth of investments into its two flagship projects, The City and The City Valley, in the New Administrative Capital (NAC).

Gov’t, Developers Participation in MIPIM Marks Big Gain

The Egyptian government's participation in MIPIM 2019, the largest real estate exhibition in the world, along with major private developers, marks a big gain and major step forward.

Savills Signs JV to Expand Presence in Egypt

UK-based property advisor Savills has signed a prominent joint venture (JV) agreement with Egypt-based Sphere Property Management, in a bid to strengthen the company’s presence in Egypt.

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