New Plan in Talks Over 2nd Real Estate Project in Port Said

New Plan Developments is currently in negotiations to take up its second real estate project in Port Said, as part of a cooperation protocol previously signed with the governorate.

Orientals for Industrial Projects to Complete Phase I of OIC in 2021

Egypt's Orientals for Industrial Projects has revealed plans to complete the development of phase I of OIC, the newest integrated industrial city in Ain Sokhna, by April 2021.

First Group Gears for Phase II of West Cairo’s Kazan Plaza

First Group is on the verge to launch phase II of its commercial/administrative project in west Cairo's Sheikh Zayed, dubbed “Kazan Plaza," following the sell-out of 95% of the first batch of units.

New Borg El Arab Sees EGP 5.33 bn to Date: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said Alexandria's New Borg El Arab is being developed as a full-service industrial city, incorporating 10 free zones and 45,054 residential uni ...

SODIC’s New Zayed Project Draws EGP 1 bn Sales

Egypt's Sixth of October Development and Investment Company (SODIC) has sold out EGP 1 bn worth of units at its New Zayed project, called “VYE," in 48 hours only due to the high demand.

Mountain View Brings Happy Office Spaces to Egypt

Egypt's real estate developer Mountain View held the first edition of Future Offices International Summit at The Nile-Ritz Carlton, Cairo on September 22, under the patronage of Ministry of Housing, Utilities, and ...

SODIC Assigns CONSTEC to Construct New Project Within SODIC West

Six of October Development and Investment (SODIC) and Construction and Design (CONSTEC) inked on April 20 an EGP 210 mn construction contract for a residential project within SODIC West compound in Sheikh Zayed ci ...

MBG Mulls Building Medical Center in NAC: Chairman

Chairman of MBG Development Mahmoud Al Adl unveils developer intends to launch an international medical center in the New Administrative Capital (NAC), expecting to reach an agreement with the Administrative Capit ...

EFG Hermes to Set Foot in Insurance, Mortgage Sectors

Egypt's investment bank EFG Hermes is planning to expand by adding insurance and mortgage lending to its services after getting regulatory approval, while also seeking to set foot in a new market in Asia or Africa ...

Pyramids Developments to Invest EGP 1.5 bn in La Capitale Project

Pyramids Developments has so far pumped investments worth EGP 450 mn in La Capitale project in the New Administrative Capital (NAC) and targets raising this figure to record EGP 1 bn in the coming two years.

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