EIB to Invest EUR 32 mn in Kafr El-Sheikh’s Infrastructure Sector

Egypt signed two grants worth EUR 32 mn with the European Investment Bank (EIB) on September 13 for infrastructure projects in the Nile Delta governorate of Kafr El-Sheikh

Seven Innovation Hubs to be Established at Universities: Minister

Egypt's Ministry of Communications and Information Technology (MCIT) announced the establishment of seven technology innovation hubs at universities, in cooperation with the Ministry of Higher Education and Scient ...

Sisi Inaugurates Bridges, Road Projects Worth EGP 7.9 bn

President Abdel-Fattah El-Sisi inaugurated Sunday, September 9, new bridges and road projects with total costs of EGP 7.9 bn

Gov’t to Build 20 4th Generation Cities

The New Urban Communities Authority (NUCA) is currently developing 20 new cities of the fourth generation with a total area of 580,000 acres to accommodate 30 mn citizens

Wadi Degla Inks EGP 1.15 bn Deals for Neopolis

Wadi Degla Developments, a subsidiary of Wadi Degla Holding, has signed deals worth EGP 1.15 bn with two of Egypt's major contracting companies for the construction of its residential project Neopolis in Mostakbal ...

UAE’s Azizi Unveils Fawad Azizi Residence in Dubai

UAE-based Azizi Developments, a subsidiary of Azizi Group, announced the launch of its third premium real estate project, Fawad Azizi Residence, in Dubai Healthcare City (DHCC)

Orascom Posts Strong Results in Q2 2018

Egypt’s Orascom Construction logged a 113.5% year-on-year (y-o-y) increase of USD 50.6 mn in its net income attributable to shareholders during Q2 2018, Invest-Gate reports.

Dubai Creek Harbour To Deliver First Homes in Q1 2019

Dubai-based developer Emaar has unveiled that the first residential units in the upcoming six square kilometer mega-development Dubai Creek Harbour will be delivered in Q1 2019

The Springs Sahel: A New Addition to North Coast

The Springs Sahel has recently been launched in the North Coast, particularly developed for the "unpretentious homely" community

Hassan Allam Participates in New Alamein’s Mega Projects

Egypt’s Hassan Allam Holding (HAH) unveiled its participation, alongside its subsidiaries, in the construction of numerous mega national projects in New Alamein city

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