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Egypt’s Stella Di Mare To Open A New Hotel in Dubai

Stella Di Mare Hotels & Resorts, the hospitality arm of Egyptian Stock Exchange-listed Remco Tourism Villages Construction, lands in Dubai with its first hotel outside of Egypt this year

Egypt to Build Three New Closed Stadiums For Handball World Cup in 2021

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly meets with Minister of Youth and Sports Khaled Abdel Aziz to review the final action plan for building new closed stadiums that will host the Handball World Cup on 2021

EFG Hermes Acquires TMG Holding’s Educational Services For EGP 1 bn

EFG Hermes reveals securing a deal with Egypt's Talaat Moustafa Group Holding (TMG Holding) for the acquisition of a- EGP 1 bn- portfolio of schools in Cairo’s suburbs

Misr Italia Properties Acquires New Land in The New Capital

Misr Italia Properties buys another piece of land at the New Administrative Capital, acquiring 110 acres at the cost of EGP 1.617 bn

Orascom Development Sells EGP 360 mn Stake in Tamweel Group

Orascom Development Egypt (ODE) announces the signing of the final sale contract of all its stake in Tamweel Group for a total equity valuation of EGP 360 mn to a consortium of investors.

Madbouly Pays Construction Sites in 6th of October City A Visit

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly visits the ongoing construction sites in 6th of October City near Ebny Beitak project among others

NUCA Reveals Implementation of 35 Projects in Egypt’s New Cities

The New Urban Communities Authority (NUCA) reveals that its planning and projects sector is progressing around 35 construction, service, and investment projects on a total area of 5,700 acres in 12 new cities to lure investments and open up new horizons for new cities’ development.

Emaar Misr – El Nasr Conflict Resolved

The conflict between Emaar Misr and El Nasr Housing has been resolved, Minister of Business Sector Khaled Badawi confirms

SODIC to Invest up to EGP 1 bn in Land Purchase This Year

Egypt's real estate developer Sixth of October for Development and Investment Company (SODIC) is planning to invest between EGP 900 mn and EGP 1 bn to expand their land bank in 2018

Hassan Allam Wins Waste Treatment Plant Contract in New Capital

Egypt’s Hassan Allam Construction (HAC) won a contract to construct a 250,000 cubic meters per day water treatment plant in the New Administrative Capital of Egypt on Saturday, May 19

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