News / Egypt

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

Egypt’s Amlak Eyes Sales of USD 2.7 mn From Two Housing Projects This Year

Egypt’s Amlak Real Estate Investment and Marketing targets achieving sales of EGP 50 mn (USD 2.7 mn) from the first phase of Tala and Eshraka projects within 2017, local media reports.

Egypt Inaugurates 1st Industrial Plastic Complex in Alex

Egypt inaugurates the first integrated industrial complex for plastics on a land plot spanning an area of 25 feddans, in order to encourage the establishment of more logistics and value-added institutions that help boost surrounding industrial zones, Invest-Gate reports.

Egypt, General Electric Discuss Ways of Upgrading Railways

Officials from the Egyptian government and the US multinational corporation General Electric have discussed ways of upgrading the national railways in the coming period, Invest-Gate reports.

Egypt’s ECG: Works Will Go On In Qatar Despite Rift

Egypt-based Engineering Consultants Group (ECG) is committed to continuing its works in Qatar despite Cairo’s recent decision to break off relations with Doha, Reuters reports.

Gov’t to Submit Draft Investment Regulations Within A Month

Egypt's ministry of investment will submit draft regulations for a newly passed investment law to the cabinet within a month, Invest-Gate reports.

Sewage Projects Worth EGP 170 mn Completed in Damietta

Minister of Housing and Urban Development Mostafa Madbouly is announcing the completion of sewage lifting stations and expulsion lines in eight villages in Damietta, Invest-Gate reports.

Heliopolis Housing Mulls Partnership for New Project

Egyptian construction company Heliopolis Company for Housing and Development is considering partnership with major companies operating in the field of development and real estate to utilise a plot of land spanning 193 feddans, Invest-Gate reports.

Palm Hills Launches New Sales in Palm Valley Mall, Palm Central

Egyptian real estate developer Palm Hills Developments (PHD) is launching new sales and reservations in Palm Valley Mall and Palm Central in West Cairo, Invest-Gate reports.

Heliopolis Housing Board Nods to Financial Lease Worth EGP 100 mn

Egyptian construction company Heliopolis Company for Housing and Development’s BoD gave the go-ahead to a financial lease worth EGP 100 mn with Global Leasing Company (GLC), Invest-Gate reports.

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