Heliopolis Housing Approves EGP 1.2 bn Loan

Heliopolis Company for Housing and Development said its board of directors approved on October 17 a long-term loan worth about EGP 1.2 bn from a national bank, to be reimbursed in seven years and a half

City Edge Developments Unveils Zahya in New Mansoura

Egypt's real estate developer City Edge Developments has recently launched its newest development in New Mansoura city, Zahya, aiming to "see the future come to life with a residential project bound to flourish am ...

Gov’t Allocates EGP 586.6 mn to New Qena in FY2018/19

Egyptian Prime Minister Mostafa Madbouly revealed that EGP 586.6 mn were allocated for the development of Upper Egypt’s New Qena in FY 2018/19

Arab Contractors Eyes EGP 400 mn Profits by Year-End

Arab Contractors, an Egyptian construction and contracting company, eyes to achieve profits of EGP 400 mn by the end of 2018, with investments worth EGP 20 bn in projects across Arab and African countries

“Skyline” Named The World’s Biggest Residential Building

Skyline, a residential complex by Egypt's real estate developer Memaar Al Morshedy, has been listed by the Guinness World Records as the world's biggest residential building for the record-breaking land area of 20 ...

Egypt Railways Inks Deal for 1,300 Train Carriages

Egyptian National Railways (ENR) has inked a deal with the Russian-Hungarian consortium Transmashholding-Hungary worth EGP 22 bn to import and manufacture 1,300 passenger carriages in Egypt

MNHD Gets Approval for Additional Heights in Taj City

Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) announced on September 26 that it received the approval of the Civil Aviation Authority for additional heights in its residential project Taj Cit ...

Hassan Allam Properties Successfully Launches SwanLake Residences in New Cairo

Egyptian developer Hassan Allam Properties (HAP) has successfully launched its 460-acre SwanLake Residences (SLR) in New Cairo, in continuation of its exponential growth and land bank expansion during 2018

Egyptian Resorts Unveils Bay Village in Sahl Hasheesh

The Egyptian Resorts Company (ERC) announced launching its latest Bay Village project through its subsidiary, Sahl Hasheesh for Touristic Investment, for both locals and foreigners seeking to invest in the country ...

Investments in New Assiut Reach Over EGP 4 bn

New Assiut City has witnessed investments worth EGP 4.1 bn so far, while a total of EGP 247 mn has been allocated for the city in FY2018/19 budget

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