“Genova” by Eastern Real Estate to Launch Soon, West Cairo

Eastern Real Estate LLC prepares to launch its new residential project, "Genova", in Sheikh Zayed City, with investments of EGP 3 bn in January 2021, Invest-Gate reports.

EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel

The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Reg ...

AlKarma Rolls Out New EGP 1.8 bn Compound in Sheikh Zayed

AlKarma Developments has rolled out its newest property project in west Cairo's Sheikh Zayed, called "AlKarma Gates," with investments totaled at EGP 1.8 bn, intending for completion by 2024.

Ghabbour, Other Investors Acquire NCHD for USD 50 mn

Some Egyptian businessmen have recently acquired the New City Housing and Development Company (NCHD), a subsidiary of Orascom Development Egypt (ODE), through an English investment fund and one of GB Capital compa ...

Phase I of New Zayed’s Karmell Sells Out on Launch Day: SODIC

Sixth of October Development and Investment Company (SODIC) sold out the first batch of residential units at its newest 240-acre west Cairo project in New Zayed, dubbed "Karmell," on the first day of launch on Dec ...

About 903 Acres Are Reallocated for Urban Expansion Into Giza: NUCA

Vice President of the New Urban Communities Authority (NUCA) for Commercial and Real Estate Affairs Mohamed Anwar Hilal said investors can apply for acquiring two state-owned parcels of 880.99 and 21.83 acres, sep ...

Badreldin Aims to Deliver West Cairo’s Kayan Compound in 2022

Badreldin Developments is on the verge to launch a new phase of its 100-acre residential compound in west Cairo's Sheikh Zayed, dubbed "Kayan," with plans to begin deliveries in 2022.

Hassan Allam Construction Gets Work on New Hospital in West Cairo

Egypt's Hassan Allam Holding (HAH) has announced that its subsidiary, Hassan Allam Construction (HAC), was awarded work on foundations and skeleton frames for the Baheya Foundation’s new hospital branch in Sheikh ...

Official Calls for Swift Work on 936 Low-Income Housing in West Cairo

Assistant Vice President of the New Urban Communities Authority (NUCA) Kamal Bhagat has inspected work on 936 low-income social housing units in west Cairo's 800-acre neighborhood, New 6th of October City, calling ...

IGI Lists Homes at Ashghar City Under CBE Initiative

IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizin ...

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