News / Egypt

Egypt’s Urban Inflation Rises to 14.4% in June

Egypt’s annual urban consumer inflation increased to 14.4% in June after recording 11.4% in May

Right Side of Bin Zayed Road Finalized: Gov’t

Adel El-Naggar, Head of New Cairo Development Authority, has revealed that the right side of Mohammed Bin Zayed Road has been finished with a length of 6.4 kilometers

Housing Ministry Finalizes 97.4% of Al Asmarat 3

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, announced that Al-Asmarat 3 residential project has been completed by 97.4%

Two Protocols Signed to Develop El Mawardy, Maspero Triangle

Prime Minister Mostafa Madbouly, who is also serving as Minister of Housing, Utilities, and Urban Development, has witnessed a protocol signing between Cairo Governorate and New Urban Communities Authority (NUCA) to develop El Mawardy Area in Al Sayeda Zeinab neighborhood

Palm Hills Inks MoUs for Two Commercial Hubs

Egypt-based Palm Hills Developments has announced signing of two memorandum of understandings (MoUs) to develop commercial projects for its Palm Hills New Cairo and Badya residential projects

Inertia Launches The Quayside Neighborhood at Jefaira

Egypt's developer Inertia has recently launched The Quayside Neighborhood, the newest phase of its North Coast development, Jefaira

Orascom Adds USD 415 mn to its Backlog in Egypt

Egypt’s Orascom Construction has revealed accumulating USD 650 mn of new awards to its backlog in Egypt and the US during the second quarter of 2018

MNHD Brings Summer to Cairo Via Its Newest Resort

Egypt’s Madinet Nasr for Housing and Development (MNHD) has launched its newest resort Cavana Lakes in Sarai Compound to offer an all year round luxurious living by the lagoon in New Cairo

Ibn Sina Unveils Cecilia Lagoons in North Coast

Ibn Sina for Hotels and Resorts has launched its first flagship project, Cecilia Lagoons, in Egypt's North Coast

World Bank Praises Egypt’s Economic Program

Prime Minister Mostafa Madbouly has met with Merza Hasan, Executive Director And Dean Of The Board Of Executive Directors, to discuss recent updates on the development programs executed in cooperation between the Egyptian government and the bank

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