Downtown Cairo’s Grand Continental Hotel is being redeveloped into a 250-key five-star business hotel, with investments estimated at EGP 1.7 bn, after the state began tearing it down in early January.
Ministry of Education and Germany’s KfW Development Bank have agreed on EUR 41.5 mn (EGP 750.5 min) deal to boost and upgrade multiple vocational and applied technology education schools in Egypt.
Egypt has approved three funding agreements with the European Investment Bank (EIB) to finance local sanitation and transportation sectors at a combined value of EUR 122.7 mn (EGP 2.23 bn).
Tatweer Misr President & CEO Ahmed Shalaby has confirmed that the development of interconnected rooftop amenities within clusters of buildings, providing essential facilities and services, is a strong tactic to en ...
Minister of Planning and Economic Development Hala El Saeed said the government has ratified the allocation of EGP 8.5 bn for the establishment of 13 industrial zones nationwide to support small- and medium-sized ...
Egypt-based Smart Assets Real Estate Company is targeting the generation of EGP 600 mn in contractual sales for the various private projects across the country during the current year, compared to EGP 460 mn in 20 ...
Egypt-based Royal for Real Estate Development plans to pump EGP 150 mn into its New Cairo projects in 2020, compared to an investment value of EGP 100 mn a year ago.
Arab African International Bank (AAIB) has recently pumped investments worth EGP 2 bn into Landmark Sabbour's latest New Cairo administrative/commercial project, or “1-NINETY,” to establish a new office building. ...
P&O Marinas has signed an agreement with Pindar Yacht Management (PYM) to shake up the former's Dubai-based development, Mina Rashid Marina, and develop a wide range of all-embracing world-class marine leisure ser ...
Egypt's transport ministry is currently undertaking the expansion of the Ring Road around Greater Cairo, with costs totaled at EGP 7.3 bn, aiming to help in trimming down traffic jams on the metropolitan area's mo ...
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