Arabia Development has announced the inauguration of a new development plan for its milestone project of Galleria Mall, aiming to maintain its leadership in mixed-use projects in East Cairo by acquiring Amaken to manage and promote its project with an investment of EGP 50 mn

State-run Egyptian Media Production City’s (EMPC) board has greenlit talks to acquire a 55.3% stake in Mövenpick Hotel Cairo-Media City of Arabia Investment and Tourist Development, a subsidiary of Arabia Group, from Arab Contractors and three other affiliates.

Leading hospitality group Accor Hotels partners with Egypt’s prominent real estate company Arabia Group to establish the new Residence Fairmont Pyramids Hotel in 6th of October, Invest-Gate reports.

The New Urban Communities Authority (NUCA) will partner with Palm Hills Developments and Arabia Group to develop two real estate projects next month.