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Hassan Allam to Form JV with Lightsource BP for Solar Projects

Hassan Allam Utilities, the utilities arm of Egyptian engineering group Hassan Allam Holding, will set up a joint venture with Lightsource BP, a renewable energy development firm, for new projects

JLL Sees Cairo Real Estate Market Improving Further

Cairo’s real estate market is recording an ongoing improvement in performance across most sectors, particularly the residential sector as it is benefiting from soaring sale prices in 2018, Invest-Gate reports.

IMF Praises Egypt’s Economic Reforms

The International Monetary Fund (IMF) has praised Egypt’s economic reforms during its third review of the country’s loan program

Egypt’s Real Estate Market Is Strong: Badr El-Din

Mamdouh Badr El-Din, Head of the Real Estate Investment Division at the Federation of the Egyptian Chambers of Commerce (FEDCOC), has said that the real estate market in Egypt is very strong, denying any future long-term recession or decrease in real estate prices

Egypt Mulls Building Small Cities for Youth

President Abdel Fattah Al Sisi has met Prime Minister Mostafa Madbouly along with other ministers and officials to discuss building small cities for youth

Living Yards Launches The Loft in New Capital

Egypt-based Living Yards Developments has announced the launching of its first flagship project, The Loft, in the New Administrative Capital (NAC), featuring real British lofts, which have no walls and could be apportioned as desired.

Online Reservation For New Capital Units Starts July 17

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has announced that the first stage of online reservation for the New Administrative Capital's units started from Wednesday, July 17, on http://www.hdb-reservation.com/

AUR Capital, Wadi Degla Set Up Real Estate Private Equity JV

AUR Capital and Wadi Degla Developments have agreed to set up a real estate private equity joint venture

Arab Contractors Finalizes First Phase of El Nahda Tunnel

Arab Contractors, an Egyptian construction and contracting company, has revealed finalizing the construction work at one of the directions of El Nahda Tunnel project in Giza with a length of 550 meters

CONSTEC Inks Deals with 2 Major Developers for New Projects

Construction and Design company (CONSTEC), an Egyptian joint stock company, has signed two new contracts with Tatweer Misr and Misr Italia Properties to execute two new projects worth over EGP 80 mn

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