Six Senses to Build Il Monte Galala Resort

• Wednesday, 19th October 2016
• by Karim Mohy

Tatweer Misr signed an agreement for Six Sense Hotels and Resorts to build and manage a resort in Tatweer’s Il Monte Galala project in Ain Sokhna.

Al Karma for Real Estate Plans Projects in New Cairo

• Wednesday, 19th October 2016
• by Karim Mohy

Al Karma for Real Estate Investment aims to build 10 projects in New Cairo on an area of 10,000 square meters at a total cost of EGP 140 mn.

Madinaty and Rehab Continue to Witness High Demand from Buyers

• Wednesday, 19th October 2016
• by Karim Mohy

A total of 811 units were reserved in Rehab and 660 units in Madinaty in two days’ time.

Saudi Al Hokair to Execute Service Projects for EGP 500 mn in New Administrative Capital

• Wednesday, 19th October 2016
• by Joana Saba

The Administrative Capital Development Company estimated the cost of the service projects being executed by the Saudi Arabian Al Hokair Group to be EGP 500 mn, on 50 acres of land in the New Administrative Capital.

Marriott to Debut Eco-Conscious Element Hotel in Egypt

• Wednesday, 19th October 2016
• by Karim Mohy

Marriott International announced on Tuesday plans to debut its Element Hotels eco-incubator brand in Egypt in early 2019 as part of Abraj Misr's The Gate Project.

Developers to Discuss Challenges in Facilities Management

• Tuesday, 18th October 2016
• by Karim Mohy

A facilities management conference is set to take place at the American University of Cairo on 24 October under the theme “Reviving Building Management in Egypt."

Land Prices increase by 30% in 10th of Ramadan City

• Tuesday, 18th October 2016
• by Karim Mohy

Commercial land plots in 10th of Ramadan City have witnessed an increase in prices in the past four months by up to 30%, with prices reaching up to EGP 67,000.

New Phase of the National Road Project to be Launched

• Tuesday, 18th October 2016
• by Karim Mohy

A new phase of the National Roads Project, including a 55 kilometer road connecting Al Minya to Sheikh Fadl at a cost of EGP 435 million, is set to launch, according to the Ministry of Transport.

2,278 Land Plots to be Distributed in Sadat City

• Tuesday, 18th October 2016
• by Karim Mohy

The New Urban Communities Authority (NUCA) has offered a public lottery to distribute 2278 land plots as part of the social housing program in Sadat City, with units ranging from 209 to 276 square meters and prices starting at EGP 680 per square meter.

5706 Units for Rent Reserved in 10 Governorates

• Monday, 17th October 2016
• by Karim Mohy

Around 5,706 units that are part of the government’s social housing program have been reserved for rent to residents whose monthly income is less than EGP 1,500.