Mariout Hills Invests EGP 2.4 bn in Swiss Ranches Phase I

Ahmed Hassan, chairman of Mariout Hills Developments, a subsidiary of Mariout Hills Group, has revealed that investments worth EGP 2.4 bn were pumped into the first phase of the company's residential project in Ne ...

Orascom Construction Seals USD 475 mn Deals in Q1 2019

Egypt-based Orascom Construction has announced adding new contracts worth USD 475 mn to its backlog during the first quarter of 2019, driving the company’s consolidated backlog to hit nearly USD 4.2 bn as of March ...

El Gazzar Says 15 Coastal Towers Underway in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 15 coastal towers are underway in New Alamein city, with up to 41 floors and comprising nearly 4,500 units, confirming that the towers' fi ...

Housing Minister Checks Out New Alamein for Latest Updates

The first phase of New Alamein’s seven-kilometer corniche is 85% completed, while construction works have already begun on 12,000 housing units in the new city's Latin Quarter.

Al Ahly Sabbour Targets EGP 6 bn Sales in 2019: CEO

Egypt's developer Al Ahly Sabbour Developments targets EGP 6 bn in sales of its projects in the current year, compared to EGP 5.5bn in 2018.

Pyramids Developments to Soon Launch 2 Projects in North Coast, New Alamein

Egypt-based Pyramids Developments plans to launch two tourism projects on the North Coast and New Alamein during the second half of 2019.

Over 500 Distinguished Units Reserved in New Alamein: Official

Deputy Chairman of New Urban Communities Authority (NUCA) for Real Estate and Commercial Affairs Tarek El Sebai has revealed that 536 distinguished units have been reserved in New Alamein's social housing project

Ökoplan to Develop Master Plan of 700-Acre Project in New Alamein

Egypt-based Ökoplan Engineering Consultations is planning to develop the master plan of a new 700-acre plot of land owned by the New Urban Communities Authority (NUCA) in New Alamein.

Madbouly Visits New Alamein for Latest Updates

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly revealed on February 9 that 15 41-story residential towers are currently under construction in New Alamein's coastal towers ...

NUCA Allocates 48-Acre Plot for Training Academy in Badr City

NUCA board of directors has approved allocating a 48-acre land plot to develop a training academy in Badr City to train building workers on the latest international methods of construction and finishing works.

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