Transport Ministry Earmarks EGP 7.3 bn to Expand Cairo Ring Road

Egypt's transport ministry is currently undertaking the expansion of the Ring Road around Greater Cairo, with costs totaled at EGP 7.3 bn, aiming to help in trimming down traffic jams on the metropolitan area's mo ...

Old Cairo’s Bab Al-Azab Revamp to Get Underway

The Sovereign Fund of Egypt (SFE) has signed an agreement with the Supreme Council of Antiquities (SCA) to kick off plans to develop and operate Old Cairo's Bab Al-Azab landmark into a tourist area, in partnership ...

Gov’t Finalizes Almost 1,800 Development Projects in Upper Egypt

Sohag and Qena have seen 1,796 projects completed as part of the state's Upper Egypt Local Development Program, while 779 others are still underway.

Mountain View Joins ‘Khaleena Sanad’ Initiative

Egypt's real estate developer Mountain View joins the “Khaleena Sanad” (Let's Get Together) Initiative, launched by the Ministry of Immigration and Egyptian Expatriates Affairs, aiming to support and help repatria ...

Misr Italia Kicks off EGP 1 mn Coronavirus Response Initiative

Misr Italia Properties (MIP), in collaboration with different civil society organizations, kicked off the "A Message of Hope" initiative in the wake of the novel Coronavirus crisis, aiming to support and advocate ...

Orascom Construction Posts USD 599.2 mn New Awards in Q1 2020

Orascom Construction (OC) has reported consolidated new awards of USD 599.2 mn (EGP 9.5 bn) in Q1 2020, compared to USD 480.7 mn (EGP 7.6 bn) in the corresponding period last year.

Al Fanar Agrees on EGP 5.5 mn Finishing Works in New Alamein

Al Fanar Contracting, Construction, Trade, Import, and Export Company has contracted with the consortium of the Consolidated Contractors Group (CCC) and HA Construction Company (HAC) for the execution of some fini ...

Arkan Plaza Rolls Out Egypt’s 1st Drive-Thru Donation

West Cairo's Arkan Plaza is reopening for a good cause by inviting guests to cruise through the development's parking lot as a part of a drive-thru charity, whereas all donations will be directed to workers relyin ...

Egypt to Establish Largest Fibre Optic Factory in MENA

State-run Arab Organization for Industrialization (AOI) and Benya Capital, a telecom and technology solutions provider, have joined forces to establish the largest fiber optic cable factory in Egypt and MENA, with ...

Mountain View’s Latest West Cairo Project Logs EGP 1 bn Sales

Egypt's property developer Mountain View has launched "MV Park - The Lake," its latest residential project in 6th of October City, generating sales totaled at EGP 1 bn.

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