Developers to Finish New Alamein Towers’ Exterior by July 2020

Prime Minister Mostafa Madbouly has called on New Alamein property developers to finalize finishing works of all towers' exterior facades before July 2020, entailing all companies to sign a formal acknowledgment t ...

Remco Gets 115.65 Acres for Urban Project in New Cairo

Remco Tourism Villages Construction Company (RTVC) has been allocated a 115.65-acre plot by the New Urban Communities Authority (NUCA) to develop a fully-fledged urban project in New Cairo.

New Aswan Sees EGP 1.2 bn Investments Since 2014

Egypt has pumped investments worth EGP 1.2 bn in New Aswan since 2014 up to date, compared to a total of EGP 750 mn beforetime

SODIC’s H1 Revenues Jump to EGP 2.02 bn

Sixth of October Development and Investment Company (SODIC) saw its revenues jumping 92% to EGP 2.02 bn in H1 2019 from EGP 1.05 bn in the year-ago period, with east Cairo projects logging 66% of the posted value. ...

Gov’t Completes 236 Social Housing Buildings in New Aswan

New Aswan has witnessed the finalization of 236 social housing buildings, while 100 others are still underway.

Gov’t Allocates 15,000 Acres for New City in Minya

Egypt's Supreme Council for Planning and Urban Development has approved allocating 15,000 acres for setting up a new city in the Upper Egypt governorate of Minya, dubbed "New Bani Mazar," aiming to develop an urba ...

The Address Developments to Build EGP 2 bn Project in New Cairo

The Address Developments, an affiliate to The Address Investments Real Estate Consultancy, has acquired a 25-acre plot in Fifth Settlement, New Cairo, at an investment value of EGP 2 bn.

Gov’t Finalizes 1,080 Distinguished Units in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that 1,080 distinguished housing units, spreading out over 80 buildings, have been finalized in New Alamein, out of the total 1,9 ...

SUD to Construct New Mansoura’s The Pearl Early 2020

Safwa Urban Development (SUD) plans to begin in early 2020 construction works at "The Pearl," its latest integrated urban development in New Mansoura.

OUD Eyes EGP 300 mn Sales of Summer 2019 Property Exhibitions

Egypt-based Orientals for Urban Development (OUD) targets achieving EGP 300 mn in sales of real estate shows held during summer, starting as of July, participating with a vast portfolio that combines diverse resid ...

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