SODIC Waiting on Tenders for Land in Sheikh Zayed

SODIC plans to compete for the development of 410 acres of land located in Sheikh Zayed, part of the second phase of projects offered by the New Urban Communities Authority (NUCA).

Redcon to Build 200 Units in Emaar Misr’s Mivida

Redcon Construction has contracted with Emaar Misr to construct 200 residential units in Emaar’s Mivida project in New Cairo.

Emaar Misr Records 9M 2016 Net Profits of EGP 1.0 bn

Emaar Misr recorded net profits of approximately EGP 1.0 bn in the first nine months of 2016, compared to about EGP 745 mn during the same period last year, marking an approximate 43% year-on-year increase.

Developers Compete for Zayed Crystal Spark Project Using PPP

Several leading real estate developers have submitted proposals to the New Urban Communities Authority for the Zayed Crystal Spark Project to be established using the public-private partnership system.

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