Hyde Park to Pump EGP 4 bn in Two Projects

Egypt's Hyde Park Developments has announced plans to invest EGP 4 bn in two mega projects, namely Hyde Park in New Cairo and Coast 82 in the North Coast

NAC’s 1st Phase is 70% Sold Out: Spokesman

Official Spokesman for the New Administrative Capital (NAC) Khaled Elhusseiny said on December 11 that 70% of the land area in the new capital's first phase - a total of 17,000 acres - has been sold out

NAC’s Smart City Costs EGP 30 bn: ACUD’s Chairman

Chairman of the Administrative Capital for Urban Development (ACUD) Ahmed Zaki Abdeen said that the expected cost of establishing a smart city inside the New Administrative Capital (NAC) stands at EGP 30 bn

DM Developments Debuts 2nd Phase of The Groove

Egypt's property developer DM Developments has announced launching the second phase of The Groove in Ain Sokhna, dubbed "The Waterfront," encompassing 320 housing units

Nakheel’s AED 670 mn JV Resort Begins Taking Shape

Dubai-based developer Nakheel and Spain's RIU Hotels and Resorts have revealed that their AED 670 mn beachfront resort on Deira Islands started taking shape, with all accommodation floors pretty much done and roof ...

UAE’s Rotana Sets Foot in Zambia With Five-Star Hotel Agreement

Abu Dhabi's hotel group Rotana has unveiled plans to bolster its Africa portfolio with the signing of a new agreement with Grandview Hotels and Resorts for the management of a five-star hotel in the Republic of Za ...

MG Developments Launches its 1st Commercial Project in New Cairo

Egypt's property developer MG Developments has announced launching the first phase of its first administrative and commercial project "Headquarter Business" in New Cairo, on 90th Street, with investments worth up ...

1st Phase of New Mansoura to be Established Over 3 Years: Official

New Mansoura Authority Deputy Chairman Yasser Kahla said that the first phase of the new city is expected to see investments worth EGP 45 bn, with expectations to be implemented within three years

Radisson Hospitality Group to Invest in 10 New Hotels in Africa

Radisson Hospitality AB, a subsidiary of Radisson Hotel Group, will invest in ten new hotels across Africa, in an attempt to boost its expansion across the continent

Gov’t Implements 5,256 Units in New Minya

A total of 5,256 social housing units are being implemented in New Minya, as part of the state's efforts to accommodate Egypt's growing population.

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