ODH Achieves EGP 3.47 bn Sales in 2018

Egypt's Orascom Development Holding (ODH) has achieved record-high net real estate sales of EGP 3.47 bn in FY 2018, excluding its newest residential project O West, compared to sales of EGP 2.19 bn a year earlier. ...

Palm Hills Nods EGP 78 mn Capital Hike

Palm Hills Developments' board of directors have agreed to raise the company's capital to EGP 6.235 bn from EGP 6.157 bn, an increase of EGP 78 mn.

Sawiris Plans for USD 2 bn Tourism Projects in North Coast

Egyptian tycoon Naguib Sawiris has revealed his intentions to pump investments estimated at USD 2 bn into the Egyptian tourism sector, namely in the North coast, to join the host of tourism projects being implemen ...

Sorouh to Invest EGP 1.5 bn in NAC’s Entrada Avenue Mall

Egypt's Sorouh Developments intends to inject investments worth EGP 1.5bn in Entrada Avenue Mall this year.

Akam Developments Plans to Launch 2nd Project in NAC

Egypt-based Akam Developments has announced plans to launch its second residential project in the New Administrative Capital (NAC), following the success it garnered from its previously released project, Scenario. ...

SODIC, NUCA to Build PPP Urban Project in Sheikh Zayed

Sixth of October Development and Investment Company (SODIC) has inked a partnership agreement with the New Urban Communities Authority (NUCA) to build a public-private partnership (PPP) urban project over 500 acre ...

Aqar Masr Targets EGP 2 bn Sales of ANAKAJI Compound in NAC

Egypt-based Aqar Masr for Real Estate Development targets achieving EGP 2 bn in total sales of its first project in the New Administrative Capital (NAC), ANAKAJI.

Savills Signs JV to Expand Presence in Egypt

UK-based property advisor Savills has signed a prominent joint venture (JV) agreement with Egypt-based Sphere Property Management, in a bid to strengthen the company’s presence in Egypt.

City Edge Developments Takes Part in MIPIM 2019

City Edge Developments (CED) headed to MIPIM, the world's leading property market in France's Cannes, to showcase its mega projects in Egypt from March 12 to 15.

Al Oula Kicks Off Ajdan Rise’s Sales

Saudi-based Al Oula Real Estate Development Company has launched the sales of its mixed-use tower, Ajdan Rise, located in Al Khobar‘s seafront

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