Red Sea
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Developers
Final Ceremony of MHFC is Held in Makadi Heights
Tuesday, 23 March 2021
The closing ceremony of Makadi Heights Football Cup’(MHFC) for women and men is held in Makadi Heights, in the Red Sea governorate, from the 18th - 20th of March, in collaboration with the Ministry of Youth and Sports, the Egypt Tourism Authority, and the Red Sea governorate, Invest-Gate reports
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Infrastructure
Gov’t Builds Almost EGP 96 bn Energy Projects in 2 Yrs: Minister
Wednesday, 23 December 2020
Egypt's Minister of Planning and Economic Development Hala El Saeed has confirmed the execution of 416 public developments in the electricity and renewable energy sector, at a value of EGP 95.6 bn, over the past two fiscal years.
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Developers Investment
Orientals for Industrial Projects to Complete Phase I of OIC in 2021
Thursday, 3 December 2020
Egypt's Orientals for Industrial Projects has revealed plans to complete the development of phase I of OIC, the newest integrated industrial city in Ain Sokhna, by April 2021.
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Developers
ODE’s Makadi Heights to Soon See Integrated Telecom Services
Tuesday, 1 December 2020
Orascom Development Egypt's (ODE) flagship project on the Red Sea coast of Hurghada, Makadi Heights, will soon see integrated telecommunication services, under the signing of a cooperation agreement with Telecom Egypt - WE.
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Government
Gov’t Mulls Over Saint Catherine’s Great Transfiguration Project
Thursday, 26 November 2020
Egypt's housing ministry has held an expanded meeting to review the Great Transfiguration Project, which is aimed at the restoration of Saint Catherine's Monastery, South Sinai, in an attempt to revive the historical site.
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Developers
El Attal Holding Launches 1st Red Sea Project
Monday, 2 November 2020
El Attal Holding has uncovered the launch of its first home project in Ras Sudr, South Sinai, with investments totaled at EGP 1.5 bn, bidding to deliver the entire coastal development in Q4 2021.
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Developers
Madaar Assigns UK’s Benoy to Design Downtown Azha
Wednesday, 28 October 2020
Egypt's Madaar Developments has appointed international architecture firm Benoy International to design the Downtown Azha project in Ain Sokhna.
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Infrastructure
Egyptian-Chinese Consortium to Build Ain Sokhna-Alamein Railway
Monday, 7 September 2020
An Egyptian-Chinese consortium has won a USD 9 bn (EGP 142.19 bn) tender for the design, finance, and operation of a high-speed rail, linking Ain Sokhna and New Alamein, with a speed of 250 kilometers per hour.
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Developers
MIP to Deliver Kai Sokhna Phase I in November, Open Hilton Hotel in 2024
Wednesday, 26 August 2020
Misr Italia Properties (MIP) Managing Director and CEO Mohamed Khaled El Assal has uncovered plans to deliver phase I of Kai Sokhna in the upcoming November, which is being developed with combined investments of EGP 2.4 bn on the Red Sea coast.
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Developers
Misr Italia to Set Up Ain Sokhna’s 1st Kitesurf Center
Wednesday, 5 August 2020
Misr Italia Properties (MIP) has signed off on setting up the very first kitesurfing center in Ain Sokhna at its flagship project Kai Sokhna, which is slated for opening in the final quarter of 2020.
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Last Modified April 7, 2021