SODIC Awards Over EGP 1.2 bn Tenders for SODIC East in 2 Yrs

Sixth of October Development and Investment (SODIC) has awarded more than EGP 1.2 bn worth of construction tenders to develop its SODIC East project over the last two years.

MNHD Nods Total Egypt’s Land Rental Offer in Sarai

Madinet Nasr Housing and Development (MNHD) has nodded a previously-signed 25-year agreement with Total Egypt to lease a 3,000-square-meter land in its New Cairo compound, Sarai, adding up to the latter’s 7,000-sq ...

MIP Signs Deal for Cairo Business Park’s Digital Infrastructure

Misr Italia Properties (MIP) has partnered with Etisalat Misr to implement high-tech communication and digital infrastructure at its integrated administrative complex in New Cairo, Cairo Business Park.

Prices of New Cities’ Industrial Lands Stable Until Year-End: NUCA

The New Urban Communities Authority (NUCA) has agreed to extend dealing with recent prices of industrial lands in new cities until year-end, which was in effect between January and June, targeting no hikes during ...

OUD Among Egypt’s 5 Top Diversified Landowners

Egypt's Orientals for Urban Development (OUD) was ranked the fourth among the five top real estate developers with a diversified land portfolio nationwide.

Smart Assets Eyes EGP 600 mn Contractual Sales in 2020

Egypt-based Smart Assets Real Estate Company is targeting the generation of EGP 600 mn in contractual sales for the various private projects across the country during the current year, compared to EGP 460 mn in 20 ...

Royal Plans to Pump EGP 150 mn in New Cairo in 2020

Egypt-based Royal for Real Estate Development plans to pump EGP 150 mn into its New Cairo projects in 2020, compared to an investment value of EGP 100 mn a year ago.

MIP Releases New Office Building in Cairo Business Park

Egypt's Misr Italia Properties (MIP) has released a new administrative building in its New Cairo project, or Cairo Business Park, which is scheduled for delivery in the upcoming December.

AAIB Invests EGP 2 bn in Landmark Sabbour’s 1-NINETY

Arab African International Bank (AAIB) has recently pumped investments worth EGP 2 bn into Landmark Sabbour's latest New Cairo administrative/commercial project, or “1-NINETY,” to establish a new office building. ...

JLL Predicts E-Commerce Boom in Egypt Amid COVID-19

JLL expects a new wave of e-commerce transformation across Egypt, especially in Cairo, after showing a notable growth potential following the coronavirus fallout

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