News / Egypt

Transport Ministry Links Upper Egypt Main Roads with 8 New Axes

Egypt's transport ministry is implementing a total of eight new major axes on the Nile River in Upper Egypt, aiming to link main roads located on the western and eastern banks of the Nile, with investments worth EGP 11 bn.

CBE Says Egypt’s Foreign Trade Exchange Rose 11.3% in H1 2019

The Central Bank of Egypt (CBE) said on May 23 the volume of Egypt's foreign trade exchange recorded EGP 47.7 bn in the first half of FY 2018/19 versus EGP 42.85 bn in the year-ago period

City Edge Awards Construction Deals to ASGC, Redcon for 2 Projects

City Edge Developments (CED) signed on May 29 contracts with Dubai-based ASGC and general contracting company Redcon Spain to carry out the construction works of ETAPA and ETAPA Square, west Cairo.

Invest-Gate Brings Bab El Ezz Initiative to Real Success

Following its successful real estate industry charitable Sohour "Bab El Ezz," Invest-Gate fulfilled its promises and brought its initiative to support leprosy patients into effect.

Memaar Al Morshedy Unveils Guinness World Records Official Attempt for Skyline

Memaar Al Morshedy celebrated on May 27 the Guinness World Records Official Attempt for its largest residential building in the world, Skyline.

Egypt Builders to Showcase Major Developments June 16

Egypt Builders - or "Bonat Misr" - is prepping to host its fifth annual conference on June 16, which will see the participation of a number of ministerial officials and over 800 executive leaders representing major Egyptian contractors, real estate firms, financial, and banking institutions, as well as, several local and regional real estate investment funds

Inertia Intends to Develop Projects in Ain Sokhna, New Cairo

Egypt's real estate developer Inertia is planning to develop two new projects in Ain Sokhna and New Cairo, a step that comes after it posted record-high housing inventory of nearly EGP 100 bn.

SODIC Offers New Innovative Finishing Solution to Property Market

Six of October Development and Investment (SODIC) introduced a new innovative finishing solution to the Egyptian market, named FlexiFinish," offering its clients an almost-finished unit at a reduced cost and more flexibility of putting the final touches to their own taste.

Al Bostany to Build EGP 200 mn Residential-Administrative Project in Maadi

Egypt's Al Bostany Real Estate Development Company intends to implement a new residential-administrative project in Degla Maadi, east Cairo, with investments estimated at EGP 200 mn.

Mabany Edris to Inaugurate 6th of October City’s The Block in H2 2020

Egypt's property developer Mabany Edris has announced plans to inaugurate its newest mixed-use project in 6th of October City, "The Block," during H2 2020, with investments estimated at EGP 200 mn.

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