Six Flags Dubai Theme Park Put on Hold

Dubai-based theme parks operator DXB Entertainments said on February 6 that the Six Flags theme park project in Dubai had been put on hold as a syndicated finance facility is no longer available.

German Investments in Egypt Exceed USD 7 bn

German Federal Minister for Economic Affairs and Energy Peter Altmaier has revealed that German investments in Egypt have recorded USD 7.1 bn.

MBG to Launch 2 Tourism Projects in Ain Sokhna, North Coast

Cairo-based real estate developer MBG Development is currently preparing to launch two tourism projects in Ain Sokhna and the North Coast.

OECD Raises Egypt’s Rating as Attractive Destination for Investment

The Organization for Economic Cooperation and Development (OECD) has raised Egypt’s rating on the country risk index from level six to five as an attractive destination for investment.

Marseilia Group Eyes New Joint Project in NAC

Egypt's Marseilia Real Estate Investment Group is intending to sign a deal for a joint project with one of the urban development companies at the New Administrative Capital (NAC), aiming to develop a land area wit ...

PACT Makes EGP 2 bn Sales of North Coast’s White Bay

PACT for Investment and Real Estate Development, an Egyptian real estate developer, has announced achieving EGP 2 bn in sales of its North Coast project White Bay during 2018.

France’s Vicat to Pump EUR 50 mn in Sinai Cement

French cement manufacturer Vicat Group has announced plans to invest up to EUR 50 mn in its Egyptian subsidiary Sinai Cement Company.

Pyramids Developments Begins Work on NAC’s Grand Square Mall

Egypt-based Pyramids Developments has commenced drilling works at its new project, Grand Square Mall, the first commercial administrative medical mall in the New Administrative Capital's (NAC) Central Business Dis ...

Tatweer Misr Targets EGP 6 bn Sales in 2019

Managing Director and Board Member at Tatweer Misr Ahmed Shalaby has revealed that his company targets achieving EGP 6 bn worth of sales during 2019.

Living Yards Eyes EGP 2.5 bn Sales from The Loft

Egyptian real estate developer Living Yards Developments plans to achieve EGP 2.5 bn in sales of its first flagship project in the New Administrative Capital (NAC), The Loft, during 2019.

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