Arab Developers Holding Launches Nyoum and Sia

Arab Developers Holding announces its investment plan driven by its long history and ambitious business strategy by kicking off two new brands, “Nyoum” for residential projects, and “Sia” for coastal projects

Cairo Capital Sells 80% of Lake West in Sheikh Zayed

Cairo Capital Developments sells out 80% of the Lake West project in Sheikh Zayed City, west Cairo; moreover, it plans to complete marketing the entire project in 2022, with an investment of EGP 1.5bn.

Havana Celebrates Delivery of ‘Havana Hills 1’ in West Cairo

Egypt-based Havana Real Estate Developments has celebrated the handover of its residential compound in west Cairo's October Gardens, called "Havana Hills 1," in the presence of the company's management team and a ...

Siemens Energy to Power Alexandria’s Bashayer El Khair Project

Germany-based Siemens Energy has been picked by the Egyptian Electricity Transmission Company (EETC) to connect Alexandria's Bashayer El Khair residential project with the country’s national grid.

Construction at NAC Continues in Full Swing

Construction at the New Administrative Capital (NAC) is moving forward in full swing, with work being stretched over two shifts and a 70% labor force present on-site.

MNHD Achieves EGP 6.3 bn Presales in 2019

Madinet Nasr for Housing and Development (MNHD) recorded a 15% boost in its presales activities (i.e primary contracts and reservations) year-on-year to log EGP 6.3 bn in 2019.

SHMFF Nods Mechanism to Involve Developers in Social Housing

The Social Housing and Mortgage Finance Fund’s (SHMFF) board approved a set of proposed principles, determinants, and mechanisms related to the involvement of private developers in the establishment of social hous ...

The Address Unveils Serviced-Villa Project in New Cairo

The Address Developments has made its debut by kicking off its first luxury serviced villas project in New Cairo's Golden Square, pumping investments worth EGP 2.1 bn.

Investments in Shorouk City Touch EGP 3 bn: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said the volume of investments pumped into Shorouk City mark about EGP 3 bn, stressing that 4,416 social housing units have been finalized, wit ...

MAG Finishes AED 800 mn Compound in Dubai South

MAG Lifestyle Development, the real estate development arm of MAG Group Holding, has finalized its AED 800 mn value-housing project in Dubai South, named "MAG 5 Boulevard," well in time for Expo 2020 and ahead of ...

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