Ahmed Zaki Abdeen, chairperson of Administrative Capital for Urban Development (ACUD), revealed there are many offers from foreign and Egyptian companies to obtain large plots of land in the New Administrative Capital (NAC) project, east Cairo, (...)
Orientals for Urban Development (OUD), a subsidiary of Oriental Weavers Group, targets EGP 4bn sales of its projects during the year, according to Mohamed Farid Khamis, OUD's managing owner, told Daily News Egypt.
Khamis said the company's sales in (...)
Ahmad El Attal, chairpersonof El Attal Holding and a member of the Real Estate Development Chamber at the Federation of Egyptian Industries, announced the launch of the third phase of the Park Lane project in the New Administrative Capital (NAC), (...)
Capital for Construction and Real Estate (CCR) has announced the launch of Frontegate Smart Mall on 4,000 sqm in the MU23 district in the New Administrative Capital (NAC) next to the Olympic village.
Sherif El Hawary, chairperson of CCR, said that (...)
New Plan Developments aims to implement 20% of Serrano project's construction works in the New Administrative Capital (NAC) by the end of this year.
Walid Khalil, chairperson of the company, said that the company has begun construction works in the (...)
Tower Developments aims to complete 35% of construction works in residential buildings of the first phase of Tower Bay project in Port Said by the end of the year, Ahmed Lashin, the company's CEO, said.
Tower Bay is being built on 102 feddan over (...)
IWAN Developments has launched the second phase of The Axis, a modern residential complex built over multiple terraces with a focus on landscaping, CEO of IWAN, Waleed Mokhtar, told Daily News Egypt.
Daily News Egypt interviewed Mokhtar to learn (...)
Taamir company for Development and Tourism Management held a meeting on Sunday, with the Ministry of Youth to prepare for signing a water sports cooperation protocol.
The protocol also aims to provide the required development and hold competitions (...)
Beta Egypt for Urban Development plans to direct EGP 250m for the construction works of its projects during the second half (H2) of 2019, according to Alaa Fikry, chairperson of the company.
Fikry told Daily News Egypt that the company is currently (...)
Al-Wadi Tourism Investment and Real Estate plans to launch a new extension for Agora Sidi Abdel Rahman project in the North Coast on 10-feddan plot, the company's Commercial Director, Ahmed Samir, told Daily News Egypt.
Samir said that the new (...)
MBG Development has achieved EGP 300m sales during Al Ahram Real Estate Exhibition "Aqari" held on 25-28 July, according to MBG Chairperson Mahmoud Al Adl.
A large share of the company's sales during the exhibition was in the Pukka Capital Walk, the (...)
GV Developments launches EGP 9bn mixed-use project in North Coast, Managing Director at the company, Nasser El Mallah, said.
During in the project's launching ceremony on Sunday, El Mallah said White Sand is the company's first project in the real (...)
Castle Development announced the launch of Springfield compound, the third phase of Castle Landmark at the New Administrative Capital.
Springfield is developed in partnership with Misr for Central Clearing, Depository, and Registry (MCDR), on an (...)
Mariout Hills is planning to establish seven sustainable cities in Egypt within the coming 10 years, in addition to the already announced project in North coast, according to Ahmed Hassan, chairperson of Mariout Hills Developments.
Hassan told Daily (...)
Ibrahim Zahran, general manager of Mardev Developments, said that his company is implementing Menorca Residence project in the New Administrative Capital with investments of EGP 2bn.
Zahran added that the project is built on 17.5 feddan and (...)
Landmark for Realestate Investments and SAK Developments have established a joint venture (JV) company, called Horizon, to manage partnership project between the two sides in the New Administrative Capital.
Shady Said, chairperson of Horizon, said (...)
Concept Real Estate Group plans to deliver Siela North Coast project by the end of this year, according to the company's Chairperson Ehab Abou El Magd.
Abou El Magd said that the company plans to develop a similar project in North Coast as the (...)
Arkan for Construction and Real Estate intends to implement a new urban development project on 15 feddan in Sixth of October City, West Cairo in the coming period, according to the company's Chairperson Emad Essa.
Essa said that the company is (...)
Safwa Urban Development (SUD) plans to begin earthworks in The Pearl project in New Mansoura early next year, according the company's Marketing Director Ahmed Amer.
Amer said that The Pearl is an integrated urban development project built on 60 (...)
Next Home for Real Estate Development and Investment has achieved EGP 1.3bn in sales of its Next Point project since its inception last year, the company's sales manager, Mostafa El Tounisy, said.
El Tounisy said in special statement that the (...)
Cairo Capital Developments plans to launch an administrative project in the New Administrative Capital (NAC), Chairperson of Cairo Capital, Ahmed Selim, told Daily News Egypt.
Selim said that the company targets to expand in west Cairo through (...)
IMKAN Properties, a subsidiary of the UAE's Abu Dhabi Capital Group (ADCG), announced it has been allocated a 166-feddan land plot in New Cairo by the ministry of housing, utilities and urban communities, at a total value of EGP 5bn.
The (...)
The Administrative Capital for Urban Development (ACUD) company announced the allocation of about 263 feddan in residential area (R8) for 12 companies and associations including six companies and five associations, according to ACUD's statement.
The (...)
Mountain View signed a partnership agreement with SolarizEgypt to establish the first solar power plant in Mountain View, the North Coast, to provide electricity to cover the needs of the project's residences. Mountain View is to operate a renewable (...)
Chairperson of Al Sedek Real Estate, Ahmed Abou Seada, said that the company is continuing to implement its projects without any price increases.
Abou Seada added that despite the hike in fuel production prices, the prices of its units will not (...)
