Company Registration 1st Step for Direct Land Allocation: Minister

Investors eager to get mixed-use land plots through the New Urban Communities Authority's (NUCA) new direct allocation system should initially set up a company (joint-stock, solidarity, or individual) that engages ...

Developers to Finish New Alamein Towers’ Exterior by July 2020

Prime Minister Mostafa Madbouly has called on New Alamein property developers to finalize finishing works of all towers' exterior facades before July 2020, entailing all companies to sign a formal acknowledgment t ...

ODE Sells 51% Stake in Oberoi Zahra

Orascom Development Egypt (ODE), the largest subsidiary of Orascom Development Holding in Egypt, has sold its 51% equity stake in Oberoi Zahra, a luxury Nile cruise, to a private Egyptian investor for USD 4 mn.

Heliopolis Housing Sells EGP 259 mn Plots in Sheraton 

Heliopolis Company for Housing and Development (HHD) has achieved EGP 259 mn from auctioning plots in Sheraton, Heliopolis, selling about 1,980 square meters of the firm's land bank

Heliopolis Housing Auctions EGP 66.7 mn Plots in Sheraton

Heliopolis Company for Housing and Development (HHD) auctioned on June 17 eight plots in Sheraton, Heliopolis, amounted at EGP 66.7 mn, as part of the company’s scheme to sell part its land portfolio to finance it ...

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