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Beta Egypt reduces land size of Beta Greens New Cairo

Fikri said that the modification is a precautionary measure to preserve interests of the clients and their investments, as well as to complete the project as soon as possible. It is also meant to abide by the contracts with customers and deliver the units with the highest possible quality.

Shaimaa Al-Aees

MG Developments begins implementation of HQ project in New Cairo

MG Developments has begun the construction of the Headquarters (HQ) business project placed in the first sector on 90th street in the Fifth Settlement, New Cairo, on 11,000 sqm. The company launched the HQ project last November, and it comprises of commercial and administrative units, with total investments worth EGP 1bn. Chairperson of MG Developments, …

Shaimaa Al-Aees

2018 saw rents, sale prices improve across Cairo: JLL

The residential sector has performed strongly throughout 2018. The strong performance of the off-plan sector has however negatively impacted the secondary market, as buyers are preferring to hold off and wait to purchase off-plan units completed in 2019, according to JLL’s A year in Review 2018 report. The report noted that the strongest performing sector of the sales …

Shaimaa Al-Aees

heavy rain 

ACA suspends officials after accumulation of heavy rain 

The Administrative Control Authority (ACA) announced on Saturday the suspension of a number of New Cairo officials for the rain fall that accumulated in parts of the country over the weekend. The ACA further referred the case to the prosecutor general to take the necessary legal measures. This came in execution to the directives of …

Daily News Egypt

Memaar Al Morshedy to launch new university in New Cairo

Memaar Al Morshedy Group started the construction works of an Egyptian university on 27 feddans in Fifth Settlement, New Cairom which includes seven different colleges using the latest technological means, according to a press statement on Saturday. The statement noted that the university is interested in the future of architecture in Egypt. The Memaar Al …

Shaimaa Al-Aees