The World Bank (WB) has picked Aswan-based Benban solar power park for an annual award as the world's top project.
Egypt-based Aqar Masr for Real Estate Development targets achieving EGP 2 bn in total sales of its first project in the New Administrative Capital (NAC), ANAKAJI.
Egyptian real estate developers and the Ministry of Housing will meet by March-end to discuss the draft law of real estate development bill, which stipulates the establishment of a federation for property developers and set up a fund to hedge against sector-related risks.
Mohamed Salama, marketing and product manager at Amlak Finance Egypt, expects the value of mortgage financing to surpass EGP 3 bn in 2019.
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.
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.
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.
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 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.
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.
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