Zahya’s 1st Phase is Sold Out With EGP 1.5 bn Sales

Egypt's real estate developer City Edge Developments announced selling all units of the first phase of its newest development in New Mansoura, Zahya, with total sales of EGP 1.5 bn

Egypt-Kuwait Bilateral Trade Hits USD 1.74 bn in 2017: Minister

Egyptian Trade Minister Amr Nassar has revealed that Kuwait is Egypt's third top trade partner, right after the UAE and Saudi Arabia, with bilateral trade hitting USD 1.74 bn in 2017, of which non-oil goods made u ...

ARDIC Debuts Leeway Apartments in Zizinia Al Mostakbal at Egypt Gate Expo

ARDIC for Real Estate Development and Investments has been taking part in the real estate exhibition "Egypt Gate Expo" from November 7 to 11, where its flagship project "Leeway Apartments" in Zizinia Al Mostakbal, ...

Orascom Construction Adds USD 520 mn to its Backlog in Q3

Egypt's Orascom Construction revealed on November 5 that it added USD 520 mn of new awards to its backlog in Q3 2018, of which Egypt accounts for about 60% of the new awards, while the US represents the remainder

Egypt, Germany Sign USD 146 Mn Deal to Implement Some Projects in Egypt

Egypt and Germany signed a protocol of economic cooperation worth EUR 129 mn, comprising the implementation of projects over the next four years, while announcing intentions for a new Egyptian-German initiative fo ...

Dubai’s Nakheel Breaks Ground on AED 713 mn Dragon Towers

Dubai-based property developer Nakheel has broke ground on its AED 713 mn Dragon Towers project in the Dragon City mixed-use community in Dubai

Investments in New Damietta Hit EGP 7.2 bn: Madbouly

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly said the total investments in New Damietta reached EGP 7.2 bn, with about 984 distinguished housing units will soon be fina ...

Edge Holding Plans to Invest EGP 25 bn in New Projects

Egypt-based Edge Holding for Urban Development plans to invest nearly EGP 25 bn in Egypt's real estate market in the next 10 years, intending to implement residential skyscrapers in New Alamein as well as another ...

Nozha Group Plans to Invest EGP 3 bn in Tourism Sector

Nozha Group CEO Abdallah Al Maghraby said his company is eyeing investments worth about EGP 3 bn in touristic and real estate projects in Cairo as well as Ras Sudr in Southern Sinai

Gov’t to Invest EGP 508 mn to Develop Cultural Sector

Planning Minister Hala El-Saeed said the government has allocated EGP 508 mn for developing the country's cultural sector as part of its plan for FY 2018/2019, representing a 14% increase from the prior fiscal yea ...

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