El Gazzar Explores Ways to Rush Execution of New Alamein’s UNIL Campus

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has held an expanded meeting to discuss ways to begin implementing the international branch campus (IBC) of Egypt's first hospitality managemen ...

Reedy Intends to Deliver Phase I of New Cairo Project Before 2021

Egypt-based real estate developer Reedy Group has revealed plans to start handing over phase I of its contemporary gated community in New Cairo, or "Azzar," thereby delivering almost 70% of the project's total res ...

ODE Adds 2 NIS Schools to O West at Over EGP 500 mn

Orascom Development Egypt (ODE) and Dr. Nermien Ismail Schools (NIS) have joined forces to develop two new international schools in the former Egyptian developer's O West project, at costs exceeding EGP 500 mn.

Tharaa Inks Deals to Lure Private Investments

Egypt's new sovereign wealth fund, Tharaa, has signed two separate cooperation agreements with the Ministry of Public Enterprise Sector and National Investment Bank (NIB) to maximize the utilization of the state's ...

Sawiris Named Orascom Investment Holding’s New CEO

Orascom Investment Holding (OIH) Executive Chairman Naguib Sawiris will succeed Tamer El Mahdi as the company's new CEO, after the latter submitted his resignation, effective December 31, while also maintaining hi ...

Ajna Developments Makes Debut with EGP 3 bn Ain Sokhna Project

Ajna Developments made its debut in the Egyptian real estate market with its flagship project in Ain Sokhna, "Carnelia," which will see investments worth EGP 3 bn

Egypt to Mark First-Ever Participation in Chicago’s CTBUH 2019

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that Egypt will mark its first-ever participation in the 2019 edition of Chicago-based Council on Tall ...

SODIC’s H1 Revenues Jump to EGP 2.02 bn

Sixth of October Development and Investment Company (SODIC) saw its revenues jumping 92% to EGP 2.02 bn in H1 2019 from EGP 1.05 bn in the year-ago period, with east Cairo projects logging 66% of the posted value. ...

Finance Ministry Signs 8 Contracts for 24 Language Schools

The Ministry of Finance has announced the signing of contracts with eight Egyptian and Arab investment companies for the establishment of 24 language schools in seven governorates.

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