Egypt Mandates Redesign of 9 Areas on North Coast

Egypt's Supreme Council for Planning and Urban Development has signed off on the redesigning of nine areas, assigned to the New Urban Communities Authority (NUCA), on the North Coast.

PHD Secures EGP 365 mn Loan for Hacienda Bay

Palm Hills Developments (PHD) has inked an EGP 365 mn medium-term loan agreement with Arab African International Bank (AAIB) and Banque Misr to fund work at the former's North Coast project, or Hacienda Bay.

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 ...

New Alamein Int’l University to Open This Fall

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas announced on June 17 the inauguration of New Alamein International University for Sciences and Technology in the Nort ...

El Wadi Eyes EGP 400 mn in Sales of Agora Sidi Abdel Rahman

El Wadi for Tourism and Real Estate Investment aims to record nearly EGP 400 mn in sales of its flagship resort in the North Coast, Agora Sidi Abdel Rahman, in 2019, while planning to launch 400 residential units ...

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 ...

PACT Makes EGP 2 bn Sales of North Coast’s White Bay

PACT for Investment and Real Estate Development, an Egyptian real estate developer, has announced achieving EGP 2 bn in sales of its North Coast project White Bay during 2018.

NUCA to Terminate Deal With New Alamein Contractor

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has requested the New Urban Communities Authority (NUCA) to terminate a deal with one of the contractors implementing proje ...

Yafa Mac to Completely Deliver Emirates Heights’ Units in 2019: CCO 

Ramy Haggar, CCO of Yafa Mac Touristic Company, said that the company has delivered 600 units of Emirates Heights' project in the North Coast in 2018, as it plans to finalize the delivery of its remaining units du ...

Emaar Unveils Marassi Bay Villas in North Coast

Dubai-based developer Emaar has launched Marassi Bay in Egypt for foreign investors seeking assured returns on high-end real estate

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