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81 Investment Projects Approved in Over 16 Cities: Official

Walid Abbas, assistant minister for community affairs of the New Urban Communities Authority (NUCA), said that 81 investment projects have been approved in more than 16 cities, spreading over a total of 13,697 acres

Misr Italia Properties Targets EGP 4.5 bn Sales in 2019: Co-CEO

Misr Italia Properties announced it targets achieving EGP 4.5 bn of sales in 2019, compared to EGP 3.5 bn sales achieved during the period from January to September 2018

City Edge Developments Hosts Reception Ceremony for EPS in London

Egypt-based property developer City Edge Developments has hosted a reception ceremony in London, under the auspices of Egyptian Ambassador to the UK Tarek Adel, on the sidelines of Egypt Property Show (EPS) in London, as part of its marketing plan to export Egyptian real estate abroad

Misr Italia Properties Unveils Details on 2nd Project in New Capital

Egypt’s real estate developer Misr Italia Properties has held a roundtable in the presence of its officials to reveal all details related to its second premium residential compound in the New Administrative Capital, Vinci, in the diplomatic district of the new capital's first phase, following the "massive success" of its first project in the new smart city - IL BOSCO

Lebanese Investments in Egypt Hit USD 671 mn by June-End: Minister

Egyptian Minister of Investment and International Cooperation Sahar Nasr said the volume of Lebanese investments in Egypt reached USD 670 mn by end of June 2018, reflecting the activity of about 1,645 companies in the sectors of services, industry, construction, petroleum, tourism, and agriculture

Aqarmap Enables Buying Properties Via Credit Card

Egypt’s online real estate listing platform Aqarmap announced on November 20 that it has successfully started selling properties online by allowing buyers to pay a downpayment with their credit cards to withhold exclusively discounted units

MG Developments Launches its 1st Commercial Project in New Cairo

Egypt's property developer MG Developments has announced launching the first phase of its first administrative and commercial project "Headquarter Business" in New Cairo, on 90th Street, with investments worth up to EGP 1 bn

NUCA Participates in Cairo ICT 2018 to Boast Egypt’s 4th Generation Cities

The New Urban Communities Authority (NUCA) is taking part in the 22nd round of Cairo International Exhibition and Conference on Telecommunication and Information Technology (Cairo ICT) starting from November 25 to 28 to showcase the ongoing achievements of the fourth-generation cities being developed

Egypt Revenues Leap 35.5% in Q1 FY2018/19: Minister

Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%

EFG Hermes’ NBFIs Platform Generates Revenues of EGP 286 mn in Q3

Egypt's EFG Hermes Holding's Non-Bank Financial Institutions (NBFIs) platform maintained its remarkable rate of expansion, growing at 81% YoY to record revenues of EGP 286 mn in Q3 2018, with Tanmeyah Micro Enterprise Services (Tanmeyah) being the main contributor to the surge

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