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Egypt’s real estate sectors has strong fundamentals, industry experts say
Egypt’s real estate sector is benefiting from growing demand and investments, but is still suffering from weak consumer purchasing power,…
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Bonyan launches outdoor complex The Walk of Cairo
Compass Investment-owned Bonyan for Development and Trade has launched The Walk of Cairo, “an outdoor lifestyle destination” in Sheikh Zayed…
Emaar vs. El Nasr dispute resolved, minister says
Emaar vs. El Nasr dispute resolved, minister says: A settlement has been reached between Emaar Misr and state-owned El Nasr…
TMG to invest EGP 300 bn in new project in Madinaty
Talaat Moustafa Group (TMG) is investing EGP 300 bn in the Spine, a mixed use project in TMG’s Madinaty city,…
FRA grants SODIC grace period to submit MTO for MNHD acquisition
M&A WATCH- FRA grants SODIC 60-day grace period to submit MTO for MNHD acquisition: The Financial Regulatory Authority (FRA) has…
Concorde Engineering and Contracting to invest EGP 1 bn in Egypt’s North Coast
Concorde Engineering and Contracting is looking to construct two new hotels at a combined cost of EGP 1 bn on…
NUCA to hike land prices by 15-20% in 2019
The New Urban Communities Authority (NUCA) will raise its land prices by 15-20% in 2019, a government source said. The…
Orascom Development sells three Red Sea properties
Orascom Development Egypt (ODE) has sold three of its properties in the Red Sea Makadi resort for EGP 856 mn,…
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