Concrete Structures of New Alamein Int’l University 80% Done: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said four engineering faculties are set to start running in the next academic year at New Alamein International University for Sciences and Tec ...

NUCA to Soon Offer More Housing Units, Lands in New Cities

The New Urban Communities Authority (NUCA) will soon offer additional lands and residential units in various new cities as well as Sakan Misr for middle-class housing, in order to meet demands of the distinct segm ...

Netsync Eyes Investing in Smart Cities Development in Egypt

USA-based Netsync Network Solutions intends to highly invest in smart city technologies in Egypt and transfer its exceptional expertise to the market, given that the country comprises areas that can swiftly evolve ...

Mariout Hills to Establish 1st Sports Medicine City

Mariout Hills Development, a subsidiary of Mariout Hills Group, is preparing to establish the first sports medicine city with a total investment of EGP 162 mn in its sustainable city project in New Alamein, North ...

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.

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