Company develops 16 residential, tourism projects across Egypt, including Greater Cairo, Ain Sokhna, and North Coast
Latest by Shaimaa Al-Aees
Trade deficit decreases by 1% during first 3 months of 2021, says Minister Nevine Gamea
Bloomfields, which has seen total investments of EGP 23bn, includes residential, commercial, administrative area, which consists of 10,700 units
50% of respondents in Middle East, 38% in Africa believe it will take less than year for global trade to recover to pre-pandemic levels
Egypt has outstanding opportunities as thriving market for environmentally friendly building solutions
Malpass added that the figure represents a rapid doubling of trade and working capital finance to help fill the banking vacuum that hit private sectors.
Egyptian government keen to develop fertiliser industry to achieve sustainable agricultural development, says Nevine Gamea
The financing comes as part of the Egypt National Railways Modernization Project (ENRMP), and will be used to enhance operational safety and to increase network capacity on national rail lines.
International CooperationMinistry focuses on development of all natural resources, limiting waste, says Minister Al-Mashat
Company’s land portfolio at over 150 feddans, plans to develop them in full over next three years
Company studying investment opportunity at New Administrative Capital
The company’s Chairperson, Abdel Rahman Abo Zaid, said that the project is located on 6,000 sqm with 20,000-sqm in sales area.
Egypt is looking studying the possibility of developing six new cities, which will be implemented in the next period, according to Waleed Abbas, Assistant Housing Minister for Community Affairs at the New Urban Communities Authority (NUCA). Speaking at Akhbar AlYoum’s first Real Estate Conference, on Sunday, Abbas added that the Egyptian Government has succeeded in eliminating challenges facing …
Soliman added that the terms of conditions, which will be released in the coming days, includes providing hotel and tourism services and other benefits to develop the project.
Avalon New Cairo project is scheduled for delivery in June 2023
‘We are ready to help end crisis of stranded ship in Suez Canal if Egypt requests,’ says Nunn
Nunn also said, “Egypt lives on the River Nile and needs it, therefore, we have to find a solution to secure these rights and needs in the Renaissance Dam crisis with Ethiopia, and that this be done by political means.”
Company records highest profit in 2020, with 36% growth compared to 2019
Company plans to purchase 50 feddan in New Alamein to establish tourism project in 2021, says CCO Ahmed Osama
Company plans to direct investments valued at EGP 3.5bn in current year, to speed up construction work for its projects
SCENE7 is first residential, sports project that includes group of world’s largest sports academies, says Managing Director
Company currently investing in North Coast, says Chairperson Ahmed El Attal
Company eyes EGP 3bn in sales of Sixty Iconic Tower project, says Vice-Chairperson
Cooperation protocol costs EGP 150m
The exhibition, organised by ACG-CBE, will provide exceptional investment opportunities, as the Egyptian real estate industry continues to grow exponentially amid the increasing demand for the sector’s products.
About 16% of the construction work at SCENE7 project already completed, said Akam Developments’ Hisham Kandil
Company increased sales during 2019 and 2020 to reach total of EGP 7.4bn
Company launches fourth and final phase of PARKLANE at the New Administrative Capital
Egyptian food industry exports to Kenya record about $419m from 2014 to 2020
Company intends to deliver 3,500 units in 2021