City Edge Developments Takes Part in MIPIM 2019

City Edge Developments (CED) headed to MIPIM, the world's leading property market in France's Cannes, to showcase its mega projects in Egypt from March 12 to 15.

Sadat City to Boast 50-Acre Tourism Project

The New Urban Communities Authority’s (NUCA) board has approved the allocation of a 50-acre plot in Sadat City to Egypt's tourism investment company Cairo Grand Park for the establishment a new tourism project.

GCC Infrastructure Projects Amount to USD 1.14 trn: Orient Planet

The total value of active infrastructure projects in the GCC region reached USD 1.14 trn, with roads, highways, and bridges among the most implemented projects, amidst oil price fluctuation in recent years

ARDIC to Pump EGP 1 bn Into Zizinia El Mostakbal

ARDIC for Real Estate Development and Investments is set to inject EGP 1 bn on the first and second phases of its newest project, Zizinia El Mostakbal, in east Cairo.

MasterCard Eyes Making NAC 1st Egyptian Cashless City

MasterCard is looking to collaborate with the Ministry of Communications and Information Technology to develop advanced digital payments infrastructure across various governorates in Egypt, aiming to make the New ...

SODIC Intends Sealing EGP 7.2 bn Contracts in 2019

Egypt-based Sixth of October for Development and Investment (SODIC) intends to seal EGP 7.202 bn contracts in 2019, while also planning to invest around EGP 5.173 bn across its developments and its subsidiaries' p ...

Moody’s Maintains Positive Outlook on Egypt’s Banks

International credit rating agency Moody’s Investors Service has maintained its positive outlook for Egypt’s banking sector, on the back of the country's improving operating conditions.

Over 9,000 Factories Licensed in H1 2018/19: Minister

About 9,972 Egypt-based factories had received constructing and operating licenses, and temporary operating permits (TOPs), based on the latest report Minister of Trade and Industry Amr Nassar has received on the ...

Radisson Hotel Group to Have 6 New Hotels in Egypt     

Radisson Hotel Group (RHG) has signed a deal with its existing business partner Cairo-based Zaghloul Holdings for developing six new hotels in Egypt across a handful of its brands.

Work on NAC Sports City is in Full Swing: Minister

Minister of Youth and Sports Ashraf Sobhy has visited the 93-acre Sports City project at the New Administrative Capital (NAC) to follow up on progress of work at the site.

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