IPS Records EGP 430 mn Sales in 4 Days
International Property Show (IPS) Egypt, held from January 10 to 13, has achieved a sales volume of EGP 430 mn during the four-day event.
Mountain View Eyes to Record EGP 5 bn Sales in 2019: Chairman
Amr Soliman, chairman of Mountain View, said the company targets achieving EGP 5 bn contractual sales from its projects during 2019, while planning to sign construction contracts worth EGP 2.5 bn in the same year. ...
Orascom Eyes Buying Shares in Sawiris’ Andermatt Swiss Alps
Egypt-based Orascom Development Holding entered into an agreement with its Chairman Samih Sawiris for the potential purchase of 1% and one share of Andermatt Swiss Alps (ASA), a real estate firm managed by Sawiris ...
NUCA Allocates Plots for 4 Logistics Zones Across Egypt
The New Urban Communities Authority’s (NUCA) board of directors has approved selling four state-owned land plots to El Araby Company for Trading and Manufacturing to establish logistics areas in a number of govern ...
ALDAU Development Pumps EGP 3 bn in Hurghada
Egypt’s hospitality and property developer ALDAU Development, member of Sami Saad Holding, has unveiled its plans to invest EGP 3 bn in its projects in Red Sea's Hurghada, while aiming to set up a new hotel and co ...
ODE Sells Stakes in Makadi to Reduce Debt Balance
Orascom Development Egypt (ODE) has finalized the sale of its stakes in two hotels and a land plot in its Makadi destination on the Red Sea coast, attempting to reduce its debt balance
Akhbar Al Youm Holds Fifth Economic Conference
Akhbar Al Youm held its fifth economic conference on December 22-23, under the auspices of President Abdel-Fattah El-Sisi.
Mostakbal City to Have New Educational Project
El Mostakbal for Urban Development has signed a contract on December 24 with Egypt's Advanced Educational Services to develop an educational project inside Mostakbal City in east Cairo
NAC’s 1st Phase is 70% Sold Out: Spokesman
Official Spokesman for the New Administrative Capital (NAC) Khaled Elhusseiny said on December 11 that 70% of the land area in the new capital's first phase - a total of 17,000 acres - has been sold out
Sky Bridge to Launch 2nd Phase of Jebal El Sokhna Resort
Egypt-based Sky Bridge Development announced that it will launch the second phase of its flagship Jebal El Sokhna Resort in the Red Sea port of Ain Sokhna, on the sidelines of TREEX real estate exhibition in Sharj ...
