Work on New Alamein Coastal Towers to Conclude in 2021: Minister

Egypt has constructed about 84% of the 15 coastal towers being undertaken in New Alamein, which are scheduled for finalization in 2021.

MIP to Deliver Kai Sokhna Phase I in November, Open Hilton Hotel in 2024

Misr Italia Properties (MIP) Managing Director and CEO Mohamed Khaled El Assal has uncovered plans to deliver phase I of Kai Sokhna in the upcoming November, which is being developed with combined investments of E ...

Tatweer Misr Sees EGP 2 bn Sales in H1 2020

Tatweer Misr recorded EGP 2 bn worth of sales in H1 2020 - equivalent to 75% of the developer's target sales for the period, making way for similar gains in the months ahead to log contractual deals of EGP 6 bn by ...

New Alamein Holds 1st Auction for 11 Properties

New Alamein City Authority has held the first auction for 11 mixed-use properties, in a bid to offer the necessary services and facilities to roll out a fully-fledged all-year-round city.

Marseilia Group Delivers 850 Homes in Marseilia Beach 4

Marseilia Group has delivered phase II of its North Coast flagship project, dubbed "Marseilia Beach 4," with a total of 850 chalets and villas, in the face of strains endured to continue construction and finishing ...

ODE, Mangroovy for Hotels Ink EGP 105 mn El Gouna Land Sale Deal

Mangroovy for Hotels and Orascom Development Egypt (ODE) have signed a land sale contract worth EGP 104.8 mn for merely 40,654.5 square meters of land area in its Red Sea resort town of El Gouna.

Marseilia Group Almost Entirely Delivers Marseilia Beach 4

Marseilia Group is celebrating the delivery of its North Coast megaproject, called "Marseilia Beach 4," which is being developed over three phases, with the final one scheduled for hand over in 2021.

Mountain View Releases Crete Islands at Ras El Hikma Project

Mountain View (MV) has released the latest phase of its flagship project on the North Coast, dubbed "Crete Islands," after the success of Mykonos, Santorini, Samos, and other Greek-inspired communities within Moun ...

Palm Hills Signs EGP 3.5 bn Deal for New Project in Ain Sokhna

Palm Hills Developments (PHD) and Al Shorouk for Touristic Developments have signed a co-development agreement for a mixed-use community in Ain Sokhna, Red Sea, under a revenue-sharing scheme, with investments val ...

Gov’t to Deliver 33 Distinguished Buildings in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 33 distinguished housing buildings will be delivered in New Alamein starting next January.

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