News / Egypt

Travco to Establish a New Steigenberger-run hotel in Sheikh Zayed

Travco Travel Company, a destination management company in Egypt, has signed a 50-50% partnership contact with German investors to establish a new 300-room hotel in Sheikh Zayed this year

Tatweer Misr Unveils in Site Tour Latest Updates on IL Monte Galala

Located in Ain Sokhna, IL Monte Galala spans an area of 2.240 mn square meters.Units are built on different ground levels to allow all customers to enjoy a sea view

NUCA to Offer 30,145 Plots in Land Draw

The New Urban Communities Authority (NUCA) is offering 30,145 plots in Egypt's new cities ranging from 209 to 1,500 meter squared for different income classes using land draw system starting May 2

Egypt’s Cement Prices Drop in April to EGP 950 per ton

Cement prices in Egypt have dropped this month to EGP 950 per ton after it hiked to EGP 1,250 per ton in March

Egypt’s Dorra Introduces Wide Range of Projects at IPS

Egyptian developer Dorra Group introduced a wide range of projects at Dubai's International Property Show (IPS) to satisfy investment and habitual demands

Minister of Housing Signs USD 8.1 mn deal with Switzerland to Fund ‘Hayyena’ project

Minister of Housing Mostafa Madbouly has signed a USD 8.1 mn deal with Switzerland to fund an urban development project, as part of an Egyptian-Swiss agreement for financial and technical cooperation in 2013

Al Ahly Capital Negotiates to Establish an Industrial Zone in 6th of October City

Al Ahly Capital Holding Company, the investment arm of the National Bank of Egypt (NBE), is talking with three developers to establish an industrial zone in Abu Rawash in 6th of October City

Egypt to Keep Ports Open Around the Clock

Egypt's cabinet has approved to keep ports open for business 24 hours a day, rather than the normal 16 hours in order to cut down on “long waiting times,”

Amer Group to Establish EGP 3 bn Touristic Project in Port Said

Chairman of Amer Group Mansour Amer has signed a contract with Major General Adel Al Ghadban, governor of Port Said, to establish a 90-acres integrated touristic project in Western Port Said, with an initial investment of EGP 3 bn

Steigenberger to Establish New Hotel by the Nile at Luxor

Steigenberger Hotels & Resorts, part of Deutsche Hospitality, has signed an agreement to set up the Steigenberger Resort Achti in Luxor

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