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UPP Capital Investment Acquires 5.55% Stake in Egypt’s Palm Hills Development

UAE-based UPP Capital Investment, the investment arm of Union Properties, has acquired 5.55% stake of the total shares of Egypt’s Palm Hills Development (PHD), at a total cost of EGP 525.3 mn, averagely EGP 4.1 per share

Alex Port-led Joint Venture to Set Up a USD 450-500 mn Multipurpose Facility

The Alexandria Port Authority (APA) has formed a joint venture with the Suez Canal Economic Zone (SCZone) and the Land Maritime Transport Holding Company to set up a USD 450-500 mn multipurpose facility at the Alexandria Port

Sorouh Unveils Latest Project New Capital During Cityscape Egypt 2018

Sorouh, one of the largest real estate developers, will showcase its 72-acre Intrada project, located in R-7 in the New Administrative Capital, during its participation in Cityscape Egypt 2018

Minister of Housing Inaugurates Cityscape Egypt 2018

Minister of Housing Mostafa Madbouly has inaugurated the seventh edition of Cityscape Egypt 2018 exhibition, in the presence of a large number of investors and real estate developers

Housing Ministry to Hold Public Draw for 600 Units in New Cairo

Deputy Housing Minister Nafisa Hashem, announced that the public draw for 600 residential units, 112 and 120 square meter, in a governmental project in New Cairo’s Third Settlement will be held on April 1 at Borg El-Arab Stadium

Madbouly to inaugurate Cityscape Egypt 2018

Housing Minister Mostafa Madbouly to inaugurate the seventh edition of Cityscape Egypt 2018 tomorrow March 28, 2018.

UAE’s Arada Introduces New Villas at Nasma Residences

Arada, a leading UAE-based property developer, has announced the launch of the Sama Majlis Villa residential project, located within the developer’s Nasma Residences community in New Sharjah at a special sales event held on March 10 for local and international investors

Hassan Allam Properties Launches HAPTOWN in Mostakbal City

Egypt’s real estate developer Hassan Allam Properties (HAP) has successfully launched its newest project, HAPTOWN, in Mostakbal City

Egypt’s PM Lays Foundation Stone of New Capital’s Business District

Egypt's Prime Minister Sherif Ismail has laid the foundation stone of the New Capital's Central Business District (CBD)

Oman’s Minister of Housing Tours Egypt’s New Administrative Capital

Oman’s Minister of Housing Sheikh Saif bin Mohammed Al Shabibi, has toured Egypt’s New Administrative Capital, after attending the laying of the foundation stone of the Central Business District

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