News / Egypt

Castle Development, El Makassa Launch Modern Project in New Capital

Castle Development and El Makassa have unveiled an upscale smart residential compound, Castle Landmark, at the New Administrative Capital

Edge Holding Assigns Sabbour to Supervise OIA

Edge Holding Group and Sabbour Consulting signed a consulting services agreement to provide general consultancy and supervise the implementation of the former company's residential project,﹣OIA, in the New Administrative Capital

Al Futtaim Names Egypt Among Top Investment Destinations

Dubai-based Majid Al Futtaim Holding reveals that Egypt, Saudi Arabia, UAE, and Oman are currently the company’s top investment destinations, amid its plans to steadily expand its presence in the region

Novus Stanza No Longer to Develop Project in New Capital

Egypt’s Administrative Capital for Urban Development (ACUD) announces that Novus Stanza Properties has reportedly withdrawn its offer to develop and establish a residential project in the New Administrative Capital

NUCA to Offer Lands for Young Investors

Prime Minister Mostafa Madbouly, the Minister of Housing, Utilities, and Urban Development, has revealed that the New Urban Communities Authority (NUCA) is going to offer 400 lands for young investors in 14 new cities

1st Phase of Rowaysat To Be Delivered by September 2018

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has revealed that the first phase of developing Rowaysat in Sharm El Sheikh is being completed

The Waterway North Coast Brings Flo Rida at its Official Launch

Egypt’s Equity Real Estate Development brought Cuba to the North Coast via a spectacular performance featuring the star Flo Rida to celebrate the official launch of its latest project – the Waterway North Coast – on Friday, July 27

Gov’t to Offer Majority Stake in Heliopolis Housing for Investors

Prime Minister Mostafa Madbouly has discussed a plan for the initial public offering (IPO) of some of the national firms

German FTI Eyes Another Labranda World Resort in Egypt

German hospitality group FTI has revealed plans to expand its Labranda World resorts in Makadi Bay in the Red Sea as part of its ongoing hotel expansion strategy

Investments Worth EGP 515 bn in Electricity Sector Since 2014: Minister

Electricity Minister Mohamed Shaker has revealed that Egypt has spent EGP 515 bn since mid-2014 to enhance the country's national electricity grid

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