ARDIC to Pump EGP 1 bn Into Zizinia El Mostakbal

ARDIC for Real Estate Development and Investments is set to inject EGP 1 bn on the first and second phases of its newest project, Zizinia El Mostakbal, in east Cairo.

Palm Hills Targets EGP 14 bn Sales in 2019

Egypt's property developer Palm Hills Developments said it targets new sales worth EGP 14 bn in 2019.

Wadi Degla Starts Work on Promenade Maadi

Egypt-based Wadi Degla Developments has commenced work on a new luxurious residential compound dubbed "Promenade Maadi," with investments worth EGP 350 mn.

Giza General Contracting to Implement 23 Social Housing Buildings

The New Urban Communities Authority (NUCA) has assigned Giza General-Contracting and Real Estate Investment Company to implement 23 buildings, comprising 552 residential units, within the third phase of the state' ...

MBG to Launch 2 Tourism Projects in Ain Sokhna, North Coast

Cairo-based real estate developer MBG Development is currently preparing to launch two tourism projects in Ain Sokhna and the North Coast.

El Batal Group Launches New Projects in West, East Cairo

Egyptian real estate developer El Batal Group has officially launched a new residential project in New Cairo, Rock Vera, and another one in 6th of October City, Rock Eden, offering discounts up to 50% on cash paym ...

Madbouly Visits 1st Batch of Villas in New Garden City

Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly visited the first batch of finished villas in the New Administrative Capital’s (NAC’s) R5 residential district named New Garden City.

TMG Holding’s Sales Hike 62% in 2018

TMG Holding reported on January 2 that its overall sales jumped 62% YoY to EGP 21.3 bn at the end of December 2018 from EGP 13.1 bn in 2017.

Sisi Inaugurates Al Mahrousa 1 in El Salam City

Egyptian President Abdel-Fattah El-Sisi inaugurated on December 15 a social housing project in El-Salam City, Al Mahrousa 1

Living Yards Kicks off The Loft Phase II in NAC

Living Yards Developments announced on December 4 the launch of the second phase of its residential project, The Loft, in the New Administrative Capital (NAC), following the success the project’s first phase had a ...

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