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NUCA disburses EGP 2 bn of compensation payments to contractors
The New Urban Communities Authority (NUCA) has disbursed EGP 2 bn in compensation payments to contractors for losses incurred after…
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Heliopolis Housing planning new 600 feddan residential project
Heliopolis Housing and Development is currently carrying out feasibility studies on a planned 600 feddan residential project north of Heliopolis,…
Emaar Al Baseeta to invest EGP 400 mn in New Cairo project
Saudi developer Emaar Al Baseeta is planning a EGP 400 mn real estate project in New Cairo,CEO Hisham Al Shafei…
Mövenpick to manage 300-room hotel in the North Coast
Mövenpick Hotels and Resorts signed an agreement with Arabia Investment & Tourist Development to manage a 300-room hotel on the…
IHG to develop a Crowne Plaza Hotel in Sheikh Zayed
InterContinental Hotels Group (IHG) announced it is developing a Crowne Plaza Cairo in Sheikh Zayed City in partnership with Al…
KVRD begins work on sidewalk project
KVRD Real Estate has begun work on their EGP 500 mn project in New Cairo ‘Sidewalk,’according to AMAY. The 20k…
Tower Developments invests in Port Said and Sharm El Sheikh
Tower Developments will build a EGP 5 bn in a resort in Port Said and EGP 1 bn on a…
Hisham Talaat Mostafa proposes imposition of 2% real estate industry development fee
Talaat Moustafa Group Chairman Hisham Talaat Moustafa proposed yesterday that real estate companies set aside 2% of their annual income…
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