News / Egypt

Iwan Developments Celebrates Its 15th Anniversary, Reveals 2018 Investment Plans

Egyptian real estate developer Iwan Developments, a subsidiary of Iwan Group, held a press conference on March 8 in celebration of its 15th anniversary

Gov’t Delivers 192 Units in Dar Misr I in New Damietta

Minister of Housing Mostafa Madbouly announced that the New Damietta City Authority (NDCA) began on March 6 the delivery of 192 housing units in the first phase of the middle-income project "Dar Misr"

Ministry of Housing’s Annual Investments Exceed EGP 150 bn

The Ministry of Housing’s annual investments have exceeded EGP 150 bn due to the implementation of projects in different sectors

Egypt’s Sisi Inaugurates New Al-Alamein City

President Abdel-Fattah El-Sisi inaugurated the New Al-Alamein City project, one of the fourth generation cities being built in Egypt, on March 1

Egypt’s Trade Deficit Down by 11% in January

Exports have increased by 16% while imports fell by 4%

REMCO Introduces Stella Park in the New Administrative Capital

REMCO, the real estate developer of Stella Di Mare, introduces a new residential project, Stella Park, in Egypt’s New Administrative Capital

Egypt Allocates 1,000 Square Kilometers in South Sinai to Saudi’s NEOM

Egypt has allocated more than 1,000 square kilometers of land along the Red Sea in South Sinai to NEOM, a mega-city and business zone announced by Saudi Crown Prince Mohammed bin Salman at an international investment conference in Riyadh last October

SCZone, DP World Ink Deal for Industrial, Residential Zone in Sokhna  

The Suez Canal Authority and the Suez Canal Economic Zone (SCZone) signed an agreement with global trade enabler DP World for the first phase of development of an integrated industrial and residential zone in Sokhna

Palm Hills Targets EGP 12 bn in Sales in 2018

Egyptian real estate developer Palm Hills Developments (PHD) has unveiled its financial targets for 2018

Gov’t Sets EGP 481.7 mn to Develop Unsafe Areas in Port Said

The Informal Settlements Development Fund (ISDF), affiliated to the Housing Ministry, is developing five unsafe slum areas in Port Said governorate

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