EG Master Constructs 20% of 1st Home Project in NAC

EG Master Developments CEO Ramy Salib has revealed the completion of 20% of work on the Egypt-based property developer's first residential compound in the New Administrative Capital (NAC), called "The City Valley, ...

El Attal Holding Partakes in Aqari Exhibition as Platinum Sponsor

Egypt's real estate developer El Attal Holding is participating in Al Ahram's property show, Aqari Exhibition, as the platinum sponsor, which is being organized from October 1 to 4, providing prospective buyers wi ...

Egypt Halts Building Permits in 4 Governorates

Egypt has signed off on suspending the issuance of building permits for new housing units in Cairo, Giza, Qalyubia, and Alexandria for six months.

Tharaa Undertakes Old Cairo’s Bab El Azab Renovation Works

Egypt's newly-introduced sovereign wealth fund (aka Tharaa) received on December 18 the Cabinet approval to hold the rights to overhaul the main entrance of Salah El Din Citadel, or "Bab El Azab," under a 49-year ...

Minya’s Samalout Axis to Open by Year-End

Minya's 24-kilometer-long Samalout Axis, which entails establishing 30 bridges and 17 tunnels, and is part of seven axes being carried out over the Nile River at a total cost of EGP 9.5 bn, is set to be finalized ...

Pyramids Renovation Project to Open in Q1 2020

Egypt is due to open its USD 500 mn Pyramids Renovation Project in Q1 2020, which will be managed and operated by Orascom Investment Holding (OIH), providing first-class facilities and recreational services on-sit ...

NUCA Allocates Plots for 6 Mixed-Use Projects in Sadat City

The New Urban Communities Authority (NUCA) has allocated six land plots in Sadat City, Monufia Governorate, for various activities (residential, commercial, administrative, industrial, etc.).

Rixos Hotels Inks Deal for its Largest Resort on Red Sea

Turkish chain Rixos Hotels has signed an agreement to manage its largest all-inclusive luxury resort on Egypt's Red Sea coast, coming as part of the joint venture partner Accor’s plans to expand its presence in th ...

Pyramids Developments Begins Constructing 4th Mall in NAC

Egypt-based Pyramids Developments began on July 10 construction works at its fourth commercial project in the New Administrative Capital (NAC), dubbed "Paris Mall," at an investment value of EGP 2 bn.

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