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NUCA to offer 85 feddans of land near New Cairo reclaimed from Al Marasem
The New Urban Communities Authority will offer an 85-feddan land plot near New Cairo reclaimed from Al Marasem International for…
Real estate
Cairo governor says capital will have no more slums by year-end
Cairo will eliminate its slum areas by the end of 2019, Governor Khaled Abdel Aal said on Friday, according to…
Ora Developers launches ZED development in Sheikh Zayed
Bn’aire Naguib Sawiris’ Ora Developers launched its EGP 35 bn project ZED Park in Sheikh Zayed, the company said in…
Two consortiums, not three, were bidding for the 6 October-new capital monorail
UPDATE- The tender for the 6 October-new capital monorail had seen only two consortiums bidding for the project, not three…
FRA approves Marseilia Group’s EGP 12 mn capital increase
The Financial Regulatory Authority (FRA) has approved the EGP 12 mn capital increase of real estate company Marseilia Group, according…
Earnings Watch: SODIC profits dip in 1Q2019
EARNINGS WATCH- SODIC profits dip in 1Q2019: SODIC’s 1Q2019 net profits fell 24% y-o-y to EGP 161 mn from EGP…
Egypt’s HHD plans to auction 190-feddan in Heliopolis as part of sell off plan
Heliopolis Housing and Development (HHD) is planning to auction another land plot in Heliopolis as part of its plans to…
Egypt’s Albatros, Germany’s Phoenix to build new EGP 850 mn Hurghada hotel
Albatross Holding’s hotel management arm Pick Albatros has partnered with Germany-based travel agency Phoenix Reisen to build a five-star hotel…
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