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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

Arabia Group to List Shares on EGX by end of 2018

Arabia Group for Real Estate Investment, a holding company of 10 companies, is planning to list 20-30% of its shares on the Egyptian Stock Exchange (EGX) by the end of 2018 to raise its capital to finance the company's future expansions in the sector, Chairman Tarek Shoukry said, Youm7 reports

Egypt Showcases its Mega Real Estate Projects in World’s Largest Exhibition at Cannes

Minister of Housing Mostafa Madbouly has presented available investment opportunities in Egypt’s mega real estate projects, under construction by the ministry in New Administrative Capital, New Alamein City, New Mansoura City and the extension of Sheikh Zayed, during his participation in the world’s largest real estate exhibition, MIPIM 2018, in the French city of Canne

Egypt to Award Mediterranean High Speed Railway Tender in July

Egypt plans to award the tender for a high-speed railway between the Red Sea and the Mediterranean in the second half of 2018, transport minister Hisham Arafat said Monday

Palm Hills Plans to Invest EGP 2 bn in 2018

Palm Hills Developments (PHD) plans to invest EGP 2 bn in 2018 for financing existing projects and new ones

Talaat Mostafa Group to Construct World’s Largest Hotel in Sharm El-Sheikh

Talaat Mostafa Group Holding Company (TMG) is establishing the largest resort hotel in the world at Sharm El-Sheikh, Chief Executive and Managing Director of the group Talaat Mostafa announced on the sidelines of the preparatory conference of City Scape Egypt

Hilton Signs its Newest Resort in Red Sea’s Mangroovy El Gouna

Hilton has signed a management agreement of the new DoubleTree by Hilton Resort with Mangroovy For Real Estate and Tourism Investment to bring its DoubleTree by Hilton brand to manage a new resort property in the Red Sea resort of El Gouna

Cityscape Awards Illustrate the Best and Brightest of Egypt’s Real Estate Sector

Following the conclusion of a successful two-day Cityscape Egypt Conference, the Cityscape Awards for Real Estate in Egypt illustrated advances in the real estate sector by recognizing outstanding concepts in real estate development and architecture

Egypt’s Net Foreign Reserves Increase to USD 42.5 bn

Egypt’s foreign reserves surged to USD 42.524 bn at the end of February from USD 38.209 bn the month before, facilitated by a USD 4 bn Eurobond sale last month

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