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 ...

MNHD Signs Deal to Finance Nasr Gardens Compound in West Cairo

Madinet Nasr for Housing and Development's (MNHD)'s board of directors has mandated the company's managing director to ink a protocol with a real estate finance company to fund housing units of Nasr Gardens compou ...

Sheikh Zayed’s JANNA Project to Offer 4,920 Units: Minister

Assem El Gazzar, minister of housing, utilities, and urban communities, has revealed that JANNA luxury housing project will boast 4,920 fully-finished residential units in west Cairo's Sheikh Zayed.

SODIC Sells Allegria Residence Ahead of Official Launch

Sixth of October Development and Investment (SODIC) has announced the launch and successful sale of its luxurious apartment complex, Allegria, located at SODIC West’s main gateway, in Sheikh Zayed, west Cairo.

Palm Hills Nods EGP 78 mn Capital Hike

Palm Hills Developments' board of directors have agreed to raise the company's capital to EGP 6.235 bn from EGP 6.157 bn, an increase of EGP 78 mn.

Palm Hills, NUCA Agree to Co-Develop Mixed-Use Project in West Cairo

Palm Hills Developments announced on March 24 that its subsidiary, Arkan Palm for Real Estate Investment Company has signed a co-development deal with the New Urban Communities Authority (NUCA) to develop a mixed- ...

SODIC, NUCA to Build PPP Urban Project in Sheikh Zayed

Sixth of October Development and Investment Company (SODIC) has inked a partnership agreement with the New Urban Communities Authority (NUCA) to build a public-private partnership (PPP) urban project over 500 acre ...

Palm Hills Mulls Developing Project in New Mansoura

Egypt's real estate developer Palm Hills Developments studies developing a new project across 100 or 200 acres in New Mansoura city and is currently preparing the project's feasibility studies.

Wadi Degla Allocates EGP 5.3 bn for Construction Works in FY 2019/20

CEO of Wadi Degla Holding Maged Helmy said the firm is allocating EGP 5.3 bn for construction works of its projects in Egypt in FY 2019/20.

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