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Housing Ministry seeking new loans from the World Bank to finance housing projects
The Housing Ministry is planning to request new loans from the World Bank to complete its ongoing housing projects, Al…
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PHD grows net sales by 58% y-o-y, records highest quarterly sales in its history
Palm Hills Developments (PHD) announced that its net sales grew by 58% y-o-y to EGP 3.1 bn in 1Q2017. The…
SECON to spend EGP 3.5 bn
The Saudi Egyptian Construction Company (SECON) plans to spend EGP 3.5 bn in 2017, SECON CEO Darwish Hassanein tells Amwal…
United World Infrastructure in talks to develop USD 500 mn economic cluster in Egypt
Dubai and Washington-based infrastructure investment company United World Infrastructure (UWI) is in talks with Egypt to invest USD 500 mn…
Cairo governorate to stop issuing new building licenses in some Cairo neighborhoods for six months
The Cairo governorate administration will not be issuing new building licenses in a number of the capital’s major neighborhoods for…
90% increase in number of Egypt’s vacation homes over past 11 years -Colliers International
The number of vacation homes in Egypt has increased 90% in the past 11 years, with the North Coast remaining…
SODIC completes master plan for 655 feddans project in New Heliopolis
SODIC submitted the master plan for developing 655 feddans in New Heliopolis in partnership with Heliopolis Housing, which announced the…
Wadi Degla Developments launches EGP 2 bn residential project
Wadi Degla Developments is launching a new EGP 2 bn residential project in Ain Sokhna, CEO Maged Helmy announced at…
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