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ORA Developers plans to invest up to EGP 5 bn in ZED project in 2019 and 2020
ORA Developers is planning to invest between EGP 4-5 bn in its ZED project west of Cairo in 2019 and…
Real estate
Investors want the CBE to extend its tourism sector initiative
Investors are petitioning the Central Bank of Egypt to extend its tourism rescue initiative for investors and businesses operating in…
Emaar Misr awards Arabtec contract to build two communities in Uptown Cairo
Emaar Misr has awarded Dubai-based construction company Arabtec a EGP 1.8 bn contract to build two residential areas in Emaar’s…
Egypt’s NUCA offers 9 land plots in New Cairo to developers
The New Urban Communities Authority (NUCA) is tendering nine land plots comprising around 1k feddans in New Cairo to developers,…
Scope Real Estate plans a residential project in the new capital with a saudi partner
Property developer Scope Real Estate is planning a residential project in the new administrative capital in partnership with an unnamed…
NACCUD to offer land plots for high-rises
The New Administrative Capital Company for Urban Development (NACCUD) is preparing to offer land plots for developers to build up…
Earnings watch: Porto Group
EARNINGS WATCH- Porto Group’s 1H2019 profits jumped 50% y-o-y to EGP 80.1 mn, compared to EGP 53.1 mn a year…
Another quiet night on the airwaves
It was another quiet night on the airwaves yesterday, with no single story capturing the attention of the talking heads.…
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