News / Egypt

Egypt’s Dorra Introduces Wide Range of Projects at IPS

Egyptian developer Dorra Group introduced a wide range of projects at Dubai's International Property Show (IPS) to satisfy investment and habitual demands

Minister of Housing Signs USD 8.1 mn deal with Switzerland to Fund ‘Hayyena’ project

Minister of Housing Mostafa Madbouly has signed a USD 8.1 mn deal with Switzerland to fund an urban development project, as part of an Egyptian-Swiss agreement for financial and technical cooperation in 2013

Al Ahly Capital Negotiates to Establish an Industrial Zone in 6th of October City

Al Ahly Capital Holding Company, the investment arm of the National Bank of Egypt (NBE), is talking with three developers to establish an industrial zone in Abu Rawash in 6th of October City

Egypt to Keep Ports Open Around the Clock

Egypt's cabinet has approved to keep ports open for business 24 hours a day, rather than the normal 16 hours in order to cut down on “long waiting times,”

Amer Group to Establish EGP 3 bn Touristic Project in Port Said

Chairman of Amer Group Mansour Amer has signed a contract with Major General Adel Al Ghadban, governor of Port Said, to establish a 90-acres integrated touristic project in Western Port Said, with an initial investment of EGP 3 bn

Steigenberger to Establish New Hotel by the Nile at Luxor

Steigenberger Hotels & Resorts, part of Deutsche Hospitality, has signed an agreement to set up the Steigenberger Resort Achti in Luxor

Equity Real Estate Development Sells 65% of ‘The Capital Way’ at New Capital

Equity Real Estate Development has sold 65% of the total units of "The Capital Way", its flagship project in the New Administrative Capital, within one month of launching the project,

Egypt Property Show Starts in Dubai with Egypt’s Top Real Estate Developers

The second edition of Egypt Property Show (EPS), returned to Dubai on April 11 at the Dubai World Trade Centre, offering numerous investment opportunities in Egypt’s real estate market,

NUCA Cuts Penalties on Delayed Payments for Units and Plots in New Cities

The New Urban Communities Authority (NUCA) has approved the reduction of penalties imposed on individuals and developers for delayed payments, for residential and commercial units and small land plots of less than 8400 square meters, within all new cities, purchased through the authority

Misr Italia Properties to Start Implementing Two Projects Worth EGP 24 bn this year

Egypt’s real estate developer Misr Italia Properties is planning to start implementing two projects worth EGP 24 bn this year

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