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.
Construction is expected to commence on 1,200 residential units in December, as part of the first phase of Tatweer Misr's Il Monte Galala project in Ain Sokhna.
Madaar, an Egyptian property developer, has marketed more than 400 high-end units in its Azha Ain Sokhna development, following the launch of the project at the beginning of this year.
Egyptian II Monte Galala, a project developed by Tatweer Misr won the Residential-Low Rise Project Award at Cityscape Awards Ceremony for Emerging Markets event for 2016
Madaar Development, an Egypt-based real estate developer, started developing the first phase of its Azha project in Ain Sokhna, announced Gasser Bahgat, company's CEO.
Egypt-based real estate developer Wadi Degla Developments expects its sales revenues record EGP 6 billion during the current year, marking a 50% increase compared to last year, said Amr Al Kady, deputy CEO of Wadi Degla.