ERA Developments Invests EGP 700 mn in Astoria Park Compound

Egypt's property developer ERA Developments has allocated a total of EGP 700 mn worth of investments to its 6th of October City project, Astoria Park.

Ora Developers to Build Sheikh Zayed’s 1st Multi-Tower Development

Egyptian tycoon Naguib Sawiris’ Ora Developers, formerly Gemini Global Development, has started offering units for sale at ZED's pre-launch phase, its first Egypt-based residential project in 6th of October City, ...

Arkan Launches Jessy Hills Compound in West Cairo

Cairo-based Arkan Developers said it will launch Jessy Hills project in 6th of October City, west Cairo, during the current year, with a total of 220 units at an estimated investment cost of EGP 250 mn.

Three Consortiums Vie to Develop Dry Port in West Cairo

The Egyptian finance ministry has revealed that three international consortiums are competing to win a contract for the construction of a dry port, west Cairo, with investments expected to exceed USD 100 mn.

El Batal Group Launches New Projects in West, East Cairo

Egyptian real estate developer El Batal Group has officially launched a new residential project in New Cairo, Rock Vera, and another one in 6th of October City, Rock Eden, offering discounts up to 50% on cash paym ...

Gov’t Approves Operations of 4 Lulu Hypermarkets, Other Projects

The New Urban Communities Authority's (NUCA) board of directors approved on January 21 a contract with the Internal Trade Development Authority (ITDA) and UAE-based Lulu Hypermarket to manage and operate four new ...

Palm Hills to Raise The Crown’s Credit Facility Limit

Egypt-based Palm Hills Developments' board has approved increasing the credit facility limit for The Crown compound, west Cairo, to EGP 1.24 bn from EGP 852 mn

First Group to Fully Deliver KENZ Compound by 2020

First Group for Real Estate Investment has announced plans to deliver the units of KENZ compound in 6th of October City by 2020, at an investment value of EGP 800 mn

ODE, NUCA Ink Final Agreement to Co-Develop 1,000 Acres in West Cairo

Orascom Development Egypt (ODE) has signed the final agreement with the New Urban Communities Authority (NUCA) to co-develop a 1,000- acre integrated community project in 6th of October City, west Cairo based on a ...

Al Ahly to Launch New Integrated Compound in 6th of October City

Cairo-based Al Ahly for Real Estate Development seeks to launch a new integrated residential compound in 6th of October City by year-end, in partnership with the Egyptian government, at an estimated cost of EGP 7 ...

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