News / Egypt

CED In Charge of Projects at Administrative Capital, Al Alamein, New Mansoura

With the presence of Minister of Housing, Utilities, and Urban Development Mostafa Madbouly, New Urban Communities Authority (NUCA) acquires City Edge Developments (CED) to manage the development and marketing of projects at the Administrative Capital, Alamein, and New Mansoura

Madbouly Reviews Latest Construction Projects in Al Obour

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly visited Al Obour City on May 5 in order to review the ongoing construction

Madbouly Delivers Over 4,000 Units’ Contracts in Al Shorouk

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has handed units' contracts to 4,416 families in Al Shorouk City’s social housing project

Madbouly Visits New Administrative Capital to Check Latest Updates

The residential neighborhood R3 comprises 25,000 residential units, 952 of which are villas. President Abdel Fattah El Sisi inaugurated the first phase of the capital late October 2017

Al Motahedoon Group Launches Eterna Healthcare City with EGP 1.2 bn Investments at Emaar’s Mivida

Al Motahedoon Group, a healthcare developer with 25-years track record in Egypt and the region, launched an upscale medical complex located at the heart of  the business center of Emaar Misr's Mivida

Gov’t Starts Delivering Expats’ Land Starting April 29

The Ministry of Housing has started delivering land plots at Beit Al Watan project for expats as of April 29 and until December 10

FDI Could Grow by 20-25% Next Year if it Reaches its FY 17/18 USD 10 bn Target: El Garhy

Foreign direct investments could grow by 20-25% in fiscal year 2018-19 only if its hits this year’s USD 10 bn target

Emaar Hospitality Group to Renovate Iconic Al Alamein Resort

Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, has commenced the renovation and redesign of the historic Al Alamein Resort in Sidi Abdelrahman Bay on Egypt’s Mediterranean Coast

Tatweer Misr to Invest EGP 52 bn in Three Projects by 2027

Tatweer Misr, a leading Egyptian real estate company, is planning to invest EGP 52 bn in three mega projects: Il Monte Galala in Ain Sokhna, Fouka Bay in North Coast and Blue Villas in Mostakbal City by 2027

Emaar Misr Reports EGP 503.3 mn in Net Profit in Q1 2018

Emaar Misr for Development reports EGP 503.3 mn net profit in the first quarter (Q1) of 2018, compared to EGP 437.9 billion in the same period last year

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