NUCA Allocates 53 Mixed-Use Plots in 22 New Cities

The Board Directors of the New Urban Communities Authority has approved on its meeting with Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities via video conference the allocation of 53 plots in ...

New Cairo Awaits Delivery of 2 Phases of Sakan Misr

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that New Cairo will witness the hand over a new batch of the Sakan Misr middle-income project's first and second phases from Nove ...

CED Discusses Strategic Plans for Egypt’s National Projects

City Edge Developments (CED) has revealed its vision and strategic role in supporting the state-run national projects during its annual roundtable on October 7.

SODIC Awards EGP 1.7 bn Deals to Construct EDNC

Sixth of October for Development and Investment Company (SODIC) has unveiled plans to deliver its newest commercial project in New Cairo, dubbed "EDNC," in the coming year, after awarding over EGP 1.7 bn contracts ...

ARDIC Releases New Phase of Zizinia El Mostakabal

ARDIC for Real Estate Development and Investments has rolled out a new phase of its EGP 5 bn project in Mostakbal City, east Cairo, named "Zizinia El Mostakabal," coming as part of the Egyptian developer's expansi ...

El Batal Group Plans to Deliver 4 Projects Before 2022

El Batal Group has announced plans to hand over four of its flagship developments in New Cairo, Obour City, and 6th of October City before the end of 2021, coming under the name of "The Rocks."

AAIB, SODIC’s Unit Ink EGP 2.57 bn Credit Facility

Sixth of October for Development and Investment Company's (SODIC) subsidiary, Sixth of October Development and Real Estate Projects (SOREL), has signed an EGP 2.57 bn medium-term credit facility with the Arab Afri ...

Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

NUCA Allocates 81 Lands for Integrated Urban Projects

The New Urban Communities Authority (NUCA) has approved the allocation of 81 land plots across 23 new cities for the establishment of various integrated urban projects, including schools, factories, hotels, hospit ...

MIP’s Allure Logs EGP 200 mn Sales Within 48 Hrs of Launch

Misr Italia Properties (MIP) has uncovered posting EGP 200 mn in sales of Allure Executive Offices - the latest addition to its integrated administrative complex, or Cairo Business Park - within its first 48 hours ...

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