Tatweer Misr to Invest EGP 1.5 B in 2 Projects

• Wednesday, 12th October 2016
• by Fatma Khaled

Egyptian developer Tatweer Misr plans to develop two of its major projects, Fouka Bay and Il Monte Galala, with EGP 1.5 billion worth of investments next year.

MNHD Records 812% YoY Growth in Sales

• Tuesday, 11th October 2016
• by Fatma Khaled

Madinet Nasr Housing & Development (MNHD) has recorded a sales growth of 787% in September, and a 812% year-on-year growth.

Madinaty, NUCA Reach Settlement Over 8,000 Acres

• Tuesday, 11th October 2016
• by Fatma Khaled

The New Urban Communities Authority (NUCA) and Talaat Moustafa Group have agreed to settle a dispute over 8,000 acres in the Madinaty compound, following the Cabinet’s approval, according to Ragaa Fouad Head of the Project and Planning Department in NUCA.

Facilities to be Built for 16,000 Acres in New Nubaria

• Tuesday, 11th October 2016
• by Fatma Khaled

Approximately EGP 1.5 billion were allocated to build facilities for 16,000 acres of land in New Nubaria, according to Mahmoud El Nagdy Head of the New Nubaria Authority in the governorate of Beheira.

Azha Ain Sokhna Records EGP 11 B Sales

• Tuesday, 11th October 2016
• by Fatma Khaled

Madaar Development's Azha project in Ain Sokhna has recorded sales of EGP 11 billion, according to Gasser Bahgat, CEO of Madaar.

Egyptian Construction Investment in Africa Remains Minimal

• Monday, 10th October 2016
• by Fatma Khaled

Only three construction companies, out of 25 companies based in Egypt, are commencing work in other African countries, according to Daker Abdullah a member of the Egyptian Federation for Construction and Building Contractors.

Giza to Offer Land for Investment in New Industrial Areas

• Monday, 10th October 2016
• by Fatma Khaled

New investments opportunities are expected to be available in the industrial areas of Al Ayat, Al Saf and other area in the desert road located in Giza, according to Governor of Giza Kamal Al Daly.

Housing Ministry Offers 16,000 Units in Dar Misr, Rehab and Madinaty

• Monday, 10th October 2016
• by Fatma Khaled

The Ministry of Housing, Utilities, and Urban Communities is offering 16,000 housing units within the Dar Misr housing project, as well as in the Rehab and Madinaty compounds.

NUCA Grants 1 Month to Validate Ownership of New Alamein Lands

• Monday, 10th October 2016
• by Fatma Khaled

The New Urban Communities Authority (NUCA) has decided to give owners of lands and buildings a one month period to present documents validating their ownerships of land and buildings in New Alamein City.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

• Monday, 10th October 2016
• by Fatma Khaled

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.