Egypt Hosts Chinese Delegation to Explore Investment Opportunities in New Beni Suef City

Assem El-Gazzar, the Minister of Housing, Utilities, and New Urban Communities, has announced that New Beni Suef city recently hosted a delegation of Chinese investors, Invest-Gate reports.

Public Sector Endows 60% of Egypt’s Annual Property Investments: Abbas

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% ar ...

SED to Release Phase III of Jayd New Cairo on October 4

Saudi Egyptian Developers (SED) said the third phase its residential project in east Cairo, called “Jayd New Cairo,” is scheduled for launch on October 4.

EBRD to Back NUCA Bond Program with Another EGP 1.5 bn

The European Bank for Reconstruction and Development (EBRD) will back the New Urban Communities Authority’s (NUCA) latest EGP 10 bn securitized bond issuance with EGP 1.5 bn investment.

Nakheel Inaugurates 2nd Hotel at Dubai’s Dragon City

Dubai-based Nakheel has inaugurated the second hotel at Dragon City, or the 304-room Premier Inn, marking another key milestone in the developer’s hospitality business strategy.

Majid Al Futtaim Plans for EGP 16 bn Investments in Egypt

UAE retail conglomerate Majid Al Futtaim CEO Alain Bejjani has revealed planned investments worth EGP 16 bn (USD 996.26 mn) in Egypt over the next two to three years, EGP 14 bn (USD 866.64 mn) of which will be all ...

New Alamein’s Lausanne University Sees Initial Designs Completed

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that the initial designs for Swiss-based University of Lausanne (UNIL) have been implemented by one of the global consultancy off ...

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 ...

Elsewedy Electric, Toyota to Build 2 Solar Plants in Zambia

Elsewedy Electric for Trading and Distribution, a subsidiary of Elsewedy Electric, inked a contract with Toyota Tsusho Corporation on August 28 to jointly design and construct two 50-megawatt photovoltaic power pl ...

Marakez Gets EGP 1.5 bn Facility for Mall of Katameya

Marakez for Real Estate Investment, a subsidiary of Saudi Arabia's Fawaz Alhokair Group, has obtained an EGP 1.5 bn loan facility from five banks to develop phase I of its latest commercial project in east Cairo, ...

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