Public Land Auction Today for Coastal Sites

A public lottery is set to take place today to allocate 12.5 mn square meters of land in the North Coast, Ain El Sokhna, and South Magawish..

Karma Reveals Plans for New Residential Projects

Karma for Real Estate is planning to implement touristic residential projects in several areas across the North Coast and Ain Sokhna, according to the company’s Chairman, Ahmed Mostafa.

Amer Group Acquires License to Build 23,000 Units in North Coast

Egyptian developer Amer Group has received licenses to build an additional of 23,000 units in the North Coast.

Edmag Misr Pumps EGP 205 mn for Projects in North Coast, Matrouh

Egyptian real estate company Edmag Misr is set to provide EGP 205 mn in investments for projects in Matrouh and the North Coast next year, according to Mahmoud Zayed, the company’s CEO.

Housing Ministry to Offer New Lands through Partnerships

The Ministry of Housing, Utilities, and Urban Communities plans to offer land plots soon under the public-private partnership system, according to Khaled Abbas, Assistant to the Minister of Housing for Technical Affairs.

Abraj Misr’s Total Investments Record EGP 7 B

Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects.

Promotion Campaigns Set to Attract Foreigners to North Coast

The Tourism Promotion Authority is expected to begin promoting tourism in the North Coast for people living abroad within the next weeks.

Construction Begins on First Phase of ‘Water Valley’ Project in North Coast

Amlak for Real Estate has begun construction on the first phase of the Water Valley Resort located in the North Coast.

1,286 Units to be Delivered in Amwaj North Coast

Al Ahly, an Egyptian real estate developer, has completed the marketing of 1,286 units in its North Coast project, Amwaj, Hussein Sabbour.

PACT to Promote Second Phase of White Bay Project

PACT Real Estate Group, an Egypt-based property developer, plans to promote 125 new units by the end of 2016, said Moaaz Wessam, PACT Managing Director.

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