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.
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 started the construction of its HQ project in the first sector on 90 Road in New Cairo's Fifth Settlement, east Cairo.
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.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced winners of lotteries for distinguished lands in Badr City.
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.
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.
DEGAROUTE, one of the world’s leading companies in specialty chemicals, was awarded a new project in Egypt to develop 500 kilometers of Cairo-Sharm El Sheikh highway in both directions
The Central Bank of Egypt (CBE) announced on April 3 that the country’s net foreign reserves rose to USD 44.11 bn by the end of March, compared to USD 44.06 bn in the month-ago period.
Marakez for Real Estate Investment, a subsidiary of Saudi Arabia’s Fawaz Alhokair Group, has acquired a 47-acre land plot from the Internal Trade Development Authority (ITDA) in Mansoura city to develop a new internationally modeled commercial mall.
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