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Hassan Allam Holding Plans for Dual Listing in Cairo, London

Egypt's construction and engineering company Hassan Allam Holding revealed on October 8 its intention to float up to 44.3% of its shares on the Egyptian Exchange (EGX) and London Stock Exchange (LSE)

Real Mark Launches EGP 750 mn West Mark

Egypt's integrated real estate company Real Mark Developments made its debut by launching its first mixed-use complex in 6th of October City, West Mark, offering "a new line of thought to office and commercial real estate in Egypt," with investments worth EGP 750 mn

NUCA to Qualify Young Investors to Build Middle Housing Units

Tarek El Sebai, Deputy Chairman of New Urban Communities Authority (NUCA) for Real Estate and Commercial Affairs, revealed that the authority will qualify young investors and contractors to participate in building middle-housing units on 400 plots

New Residential, Services Lands to be Offered in New Cities

Tarek El Sebai, Deputy Chairman of New Urban Communities Authority (NUCA) for Real Estate and Commercial Affairs, revealed that booklets of new 138 mixed-use residential plots and 112 mixed-use services plots were offered on September 25

Egypt Approves USD 1.2 bn Agreement with UNPDF

Egypt's government approved on October 2 an agreement worth USD 1.2 bn with the United Nations Partnership Development Framework (UNPDF), covering the period from 2018 to 2022

World Bank Expects Egypt’s Economy to Grow 5.6% in FY2018/19

The World Bank (WB) expected Egypt’s growth rate to hit 5.6% during FY 2018/19, backed by private consumption, a recovery in the tourism sector, and the operationalization of recently discovered gas fields

Egypt Targets 25% Growth in Investment Rates by 2022: Minister

Planning Minister Hala El-Saeed said that Egypt targets a 25% growth in investment rates during its medium-term sustainable development plan over the next four years

JANNA Housing Project Located in 6 New Cities: Official

JANNA luxury housing project, launched by the Housing Ministry, will offer units in the best locations in Sheikh Zayed, 6th of October City, Obour City, El Shorouk City, New Damietta, and New Minya

Capital Group Properties to Raise Alburouj Contracts to EGP 6.5 bn

Capital Group Properties (CGP), owned by Abu Dhabi Capital Group (ADCG) and Al Ain Properties, will sign two contracts worth EGP 1.5 bn before end of 2018 to develop Alburouj project in El Shorouk city, bringing the project’s total contracts to nearly EGP 6.5 bn

Telecom Egypt, TMG Holding Ink Deal for Smart Cities Application

Egypt's real estate developer Talaat Moustafa Group Holding (TMG Holding) has signed an agreement with state-run Telecom Egypt to apply and activate applications of smart cities and digital communities

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