SODIC Establishes New Sporting Club in West Cairo

Sixth of October for Development and Investment (SODIC) celebrated the soft opening of a new upscale sports facility, named "Club S,” aiming to meet the needs of the 15,000 current residents of its flagship projec ...

Hassan Allam Construction to Build Water Treatment Plant in West Cairo

Hassan Allam Construction (HAC), Hassan Allam Holding's (HAH) flagship construction company, was awarded an engineering, procurement, and construction (EPC) contract to build a water treatment plant in 6th of Octo ...

Gov’t to Deliver 288 Dar Misr Units in October Gardens Mid-July

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 27 that 288 housing units, within 12 buildings, at the first phase of Dar Misr middle-income project in October Gardens, west ...

NUCA Allocates 5 Lands for Development Projects in West Cairo

New Urban Communities Authority’s (NUCA) board of directors has allocated five land plots for the development of various projects in 6th of October City, west Cairo, with payments to be made in dollars via bank tr ...

Consortium Bidding for Egypt’s 1st Dry Port Starts in July

Egypt’s transport ministry, along with the public-private partnership (PPP) central unit - affiliated to the finance ministry, will start accepting technical and financial tenders for building the first dry port i ...

Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1

Egypt’s Palm Hills Developments (PHD) posted EGP 2.2 bn sales (residential and commercial) in Q1 2019, with 374 units sold in total, marking a 5% surge YoY that arisen notably from continued uptake of launched pro ...

City Edge Awards Construction Deals to ASGC, Redcon for 2 Projects

City Edge Developments (CED) signed on May 29 contracts with Dubai-based ASGC and general contracting company Redcon Spain to carry out the construction works of ETAPA and ETAPA Square, west Cairo.

Ora Developers Unveils 1st Multi-Tower Development in Sheikh Zayed

Egyptian tycoon Naguib Sawiris’ Ora Developers officially kicked off on May 23 its first mixed-use residential project, ZED, located in 6th of October City's Sheikh Zayed, west Cairo, with investments amounted to ...

Iwan Developments to Launch 2 Residential Projects Outside West Cairo

Iwan Developments unveiled on May 22 its intentions to launch two new residential projects in New Cairo and Ain Sokhna, following the allocation of lands in these areas last February.

SODIC Revenues Grow 84% in Q1 2019

Sixth of October Development and Investment (SODIC) reported on May 19 a sharp rise of 84% YoY in its Q1 2019 revenues, logging EGP 941 mn, compared to EGP 512 mn in the year-ago period, on the back of early hando ...

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