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Karna Real Estate to invest EGP 500 mn in new capital medical mall
Karma Real Estate plans to invest EGP 500 mn in its “Inizio” medical mall project in the new administrative capital,…
MBG Development plans EGP 10 bn new capital housing project
MBG Development plans to launch a EGP 10 bn, 100-feddan housing project in the new administrative capital in partnership with…
Bombardier to manufacture monorail components in 1Q2020, start assembly in June
Canada’s Bombardier will manufacture the main components for the two monorails linking Sixth of October City to Giza and Nasr…
Egypt’s Housing Ministry approves new mechanism for PPP projects
The Social Housing Fund approved in a board meeting yesterday a new mechanism for partnership on housing projects with real…
Earnings watch: HHD posts EGP 29 mn profit in 3Q2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development posted net profits of EGP 29.4 mn in 1Q2019-2020, up from…
Emaar signs settlement agreement with NUCA to move ahead with West Cairo project
DISPUTE WATCH- Emaar signs settlement agreement with NUCA to move ahead with West Cairo project: Emaar Misr has signed a…
African Development Bank joins consortium to fund Egypt’s new capital monorail
Egypt is in talks with a banking consortium comprised of the African Development Bank, the European Investment Bank, and the…
Emaar Misr purchases new land in Sheikh Zayed extension
Emaar Misr has purchased a 500-feddan land plot in Sheikh Zayed extension for an undisclosed amount, head of the Sheikh…
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