News / Egypt

Porto Group Offers Investment Opportunities Through The Park Mall

Porto Group has revealed its newest commercial project, the Park Mall, in Porto New Cairo in the Fifth Settlement, Invest-Gate reports.

Al Ahly Uncovers GAIA in North Coast

Egypt’s Al Ahly for Real Estate Development has recently introduced GAIA, its latest project in the North Coast that aims to create a living planet that offers all services that make life complete, Invest-Gate reports.

GEC’s Ramla Brings Year-Round Comfort to North Coast

German-based real estate developer GEC Development launched Ramla, a North Coast resort, in an event held at LakeHouse Club on Monday, August 8

Desalination Plant Installed for New Alamein Promenade

Mostafa Madbouly, Prime Minister and Minister of Housing, Utilities, and Urban Development, has revealed that Holding Company for Water and Waste Water in Marsa Matrouh completed the installation of a water desalination plant for New Alamein

Egypt’s Annual Headline Inflation Falls in July

The Central Bank of Egypt (CBE) has revealed that July’s annual headline inflation decreased by 1% compared to a month earlier, recording 13.9%

Al Hayah to Launch EGP 300 mn Project in North Coast

Al Hayah for Urban Planning and Development will launch this month its newest coastal project, Al Hayah Gardens, in the North Coast

IFC Invests USD 1.2 bn in Egypt in FY 2018

International Finance Corporation (IFC), a member of the World Bank Group, has invested  USD 1.2 bn in Egypt during the 2018 fiscal year (FY), which helped in creating jobs, developing local infrastructure, and consolidating the country’s economic growth

Development of Ras Gharib’s Slums Area To Be Finished Soon

Mostafa Madbouly, Prime Minister and Minister of Housing, Utilities, and Urban Development, has revealed that construction and finishing of units in the development project of slums area in Ras Gharib, Red Sea Governorate, will be completed soon

Palm Hills Achieves Positive Results in H1

Palm Hills Developments has released their financial results for the first half of 2018, showing positive key numbers have been achieved

MNHD Records 165% Net Income Increase in Q2

Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) has recorded a significant increase in its consolidated net income by 165% y-o-y in the second quarter of 2018

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