Mazaya Developments Constructs 3 Projects at New Capital

Mazaya Developments begins constructions in its three projects in parallel in Downtown area at New Administrative Capital, as part of its plan to speed up construction rates and advance delivery and operation to m ...

Tatweer Misr Secures EGP 240 mn Bridge Loan

Tatweer Misr secures a bridge loan of EGP 240 mn from Arab African International Bank (AAIB) to finance the construction of the Bloomfields Mostakbal City and Monte Galala projects, Invest-Gate reports.

Future Homes Begins Construction Work for Future Heights Project

Future Homes Development is preparing to start construction work on Future Heights project after the company has completed the procedures for building licenses, Invest-Gate reports.

O West Achieves Promising Sales in Q1 2021

“O West” has achieved promising sales rates during the first quarter of 2021 with net real estate sales amounting to EGP 774.4 mn compared to EGP 981.6 mn during Q1 2020, Invest-Gate reports.

New Building Regulations Are Issued

A new ministerial decision no. 218 of 2020 is issued to stop the construction of the buildings in the main capitals across Egypt for six months, Invest-Gate reports.

Lafarge Egypt Signs Partners with LMS Construction

Lafarge Egypt, a subsidiary of LafargeHolcim Group, signs an agreement with LMS Construction, for the first time in Egypt, Invest-Gate reports.

Elsewedy Electric to Build EGP 355.5 mn Substation in Sadat City

Elsewedy Electric's unit Elsewedy Electric for Trading and Distribution has announced an EGP 355.5 mn engineering, procurement, and construction (EPC) contract to establish a new substation in Sadat City, northwes ...

Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis

Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coro ...

GCC Records USD 5.5 bn New Projects in April

GCC has witnessed the release of USD 5.5 bn worth of new projects in April, primarily driven by Saudi Arabia which contributed to 67% of the total value of additions.

Misr Italia Properties Obtains EGP 650 mn Loan

Misr Italia Properties has inked a middle-term loan worth EGP 650 mn, coming as part of a bank consortium led by the National Bank of Egypt (NBE).

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