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Africa Forum 2018 kicks off, Egypt inks agreements
The Africa Forum 2018 in Sharm kicked off yesterday. Among the takeaways from the many announcements of the past 24…
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70% of land in the New Administrative Capital sold
70% of land in the first phase of the New Administrative Capital (or 17,000 feddans) has been sold, the New…
Mountain View aims to increase investments in Egypt by as much as 20% in 2019
Mountain View plans to increase its investments in Egypt by 20% during 2019, CEO Ayman Ismail said, according to Al…
Government sets compensation mechanisms for El Warraq island residents
The government is preparing to offer compensation to citizens affected by the demolitions made in Warraq Island, where residents who…
Egypt in the News on 28 November 2018
Mo Salah, animal lover, tops coverage of Egypt in the foreign press: Displacing MbS’ visit to Cairo from the global…
CONSTEC inks EGP 430 mn agreement with SODIC
Construction and Design (CONSTEC) was awarded contracts worth EGP 430 mn for construction works on SODIC’s projects in the North…
Heliopolis Housing profit and revenue drop as sales plummet
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was down 88.6% in 1Q2018-2019 to EGP 8.7 mn from EGP…
OUD, El Mostakbal to co-develop 200 feddans in Mostakbal City
Orientals for Urban Development (OUD) is set to sign an agreement with El Mostakbal for Urban Development to co-develop 200…
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