expansions

  • NUCA Agrees to Develop Textile Industry’s State-Owned Unused Lands
    Land

    NUCA Agrees to Develop Textile Industry’s State-Owned Unused Lands

    Wednesday, 16 December 2020

    Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has witnessed the signing of a cooperation protocol between the New Urban Communities Authority (NUCA) and the Holding Company for Cotton, Spinning, and Weaving to develop some of the unused lands owned by the latter company or its subsidiaries across Egypt.

  • Al Ahly Sabbour Inks USD 100 mn Facility Management Deals
    Developers

    Al Ahly Sabbour Inks USD 100 mn Facility Management Deals

    Sunday, 13 December 2020

    Al Ahly Sabbour Developments and UAE-based Eltizam Asset Management Group have agreed on two joint ventures (JVs), with a combined value of USD 100 mn (EGP 1.57 bn), for the provision of integrated facility and community management services to four of the former Egyptian developer's projects across the country.

  • New Plan Developments Inks Protocol for Port Said’s Piazza
    Developers

    New Plan Developments Inks Protocol for Port Said’s Piazza

    Sunday, 20 September 2020

    New Plan Developments has inked a cooperation protocol with Port Said Governorate for the development of "Sahet Misr," which is the main piazza of the coastal Mediterranean city.

  • P&G to Invest USD 50 mn in Egypt Over 18M
    Investment

    P&G to Invest USD 50 mn in Egypt Over 18M

    Thursday, 25 June 2020

    Procter & Gamble (P&G) has announced plans to pump over USD 50 mn (EGP 809 mn) into the Egyptian market by the end of 2021 to expand production capacity.

  • Dawi Clinics Sets Foot in Nile Delta
    Business

    Dawi Clinics Sets Foot in Nile Delta

    Sunday, 21 June 2020

    Outpatient healthcare services provider Dawi Clinics expands outside the capital city and set foot into the Nile Delta, opening a new branch in Tanta.

  • TMG Holding Settles Disputes Over San Stefano Project
    Developers

    TMG Holding Settles Disputes Over San Stefano Project

    Wednesday, 20 May 2020

    Talaat Mostafa Group (TMG) Holding has signed a settlement agreement to resolve over Alexandria’s San Stefano project.

  • Marriott Eyes 40 Africa Hotels by 2023
    Developers

    Marriott Eyes 40 Africa Hotels by 2023

    Wednesday, 25 September 2019

    Marriott International is set to reinforce its commitment to Africa by eyeing the addition of 40 new properties and over 8,000 rooms across the continent by the end of 2023, driven by strong demand and steady growth for its premium and select-service brands

  • Egypt to Have 4 New Lulu Hypermarkets Soon
    Government

    Egypt to Have 4 New Lulu Hypermarkets Soon

    Thursday, 29 August 2019

    Egypt has inked a USD 500 mn deal with UAE’s LuLu Group International to establish four new hypermarkets nationwide over 12 months, coming as part of the state's plans to expand the Egyptian retail sector and provide low-priced food commodities.

  • New Aswan Sees EGP 1.2 bn Investments Since 2014
    Government

    New Aswan Sees EGP 1.2 bn Investments Since 2014

    Monday, 19 August 2019

    Egypt has pumped investments worth EGP 1.2 bn in New Aswan since 2014 up to date, compared to a total of EGP 750 mn beforetime

  • Gov’t Allocates 15,000 Acres for New City in Minya
    Land

    Gov’t Allocates 15,000 Acres for New City in Minya

    Wednesday, 7 August 2019

    Egypt's Supreme Council for Planning and Urban Development has approved allocating 15,000 acres for setting up a new city in the Upper Egypt governorate of Minya, dubbed "New Bani Mazar," aiming to develop an urban community that hosts distinct types of residences.