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AlHokair’s Marakez looking for land for a mall in Egypt’s Assiut
Marakez for Real Estate Investment is planning to develop a new shopping mall in Salam City on the Cairo-Ismailia road…
Real estate
TE to complete work on gov’t district in NAC by end of 1H2020
State-owned landline monopoly Telecom Egypt (TE) expects to complete telecommunication services for the new administrative capital’s government district by the…
ODH aims for south Sinai project to turn in profit next year
Could the return of German direct flights to Taba see ODH turn a profit from Taba Heights? Orascom Development Holding…
SODIC launches new west Cairo project
SODIC has launched “The Estates,” a new project in New Zayed, the company said in a statement (pdf). The west…
Sodic in talks with local banks for EGP 1 bn for east, west Cairo projects
Premier real estate developer Sodic is in talks with Banque Misr and other local banks to acquire a 3-5 year,…
SECON to invest EGP 5 bn in Egypt’s real estate over coming 3 years
The Saudi Egyptian Company for Development (SECON), formerly known as the Saudi Egyptian Construction Company, aims to expand its investment…
NBE issues EGP 1.75 bn letters of guarantees for monorail projects
The National Bank of Egypt (NBE) issued six letters of guarantee worth EUR 64.9 mn (EGP 1.75 bn) to a…
Telecom Egypt to begin working on EGP 40 bn new capital IT network
Telecom Egypt (TE) will begin working on a EGP 40 bn (c. USD 2.4 bn) project to develop a telecommunications…
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