Gov’t Mulls Over Saint Catherine’s Great Transfiguration Project

Egypt's housing ministry has held an expanded meeting to review the Great Transfiguration Project, which is aimed at the restoration of Saint Catherine's Monastery, South Sinai, in an attempt to revive the histori ...

Emaar Misr Gets Nod on EGP 40 bn Investment Zone

The General Authority for Investment and Free Zones (GAFI) has ratified the establishment of a new investment zone for Emaar Misr for Development, with EGP 40 bn worth of investments.

ARDIC Intends to Deliver Phase I of Zizinia El Mostakbal in June 2022

ARDIC for Real Estate Development and Investments has announced plans to deliver phase I of east Cairo's Zizinia El Mostakbal project, including 500 residential units, in June 2022, with intentions to finish the e ...

Trial Operation of Egypt’s 1st Monorail Set in Mid-2021: Minister

Transport Minister Kamel El Wazir has announced that the trial operation of Egypt's first monorail, which connects El Salam City with the New Administrative Capital (NAC) and 10th of Ramadan City, will kick off ar ...

Renovation of Alexandria’s Tramline to Begin in Early 2021: NAT

The National Authority for Tunnels (NAT) will begin transforming Alexandria's El Raml tramway network – the oldest tram system in Africa and one of the oldest in the world – into a metro line worth EUR 360 mn (EG ...

Housing Minister Tours NAC’s Latest Developments

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has toured the Capital Central Park and Central Business District (CBD) projects in the New Administrative Capital (NAC) to stay abreast of new ...

El Attal Markets 85% of NAC’s Park Lane Project: Vice Chairman

El Attal Holding Vice-Chairman Mohamed Elattal has affirmed selling out 85% of "Park Lane Compoundhood," the company's flagship project in the New Administrative Capital (NAC), which is scheduled for handover in Q ...

MIP Plans for EGP 3 bn Investments in 2020

Misr Italia Properties (MIP) managed to post EGP 2 bn in sales of its various ongoing projects across the country during the first nine months of 2020, intending to pump investments worth EGP 3 bn by year-end.

Ajna Seals EGP 700 mn Deals in 9M

Egypt's Ajna Developments has logged more than EGP 700 mn in sales of its flagship project in Ain Sokhna, or "Carnelia," during the first nine months of 2020, despite the unprecedented disruption in real estate pe ...

iCity New Cairo 1st Phase Starts Delivery

Mountain View has started delivering units of the first phase of iCity New Cairo, in parallel to its debut participation in this year's edition of Cityscape Egypt, which is being convened from November 4 to 7.

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