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No more new capital land for Egypt’s investors, developers this year
The New Administrative Capital Company (NACCUD) will not be offering any more land to investors and developers this year, and…
Marakez signs contracts with Hassan Allam Construction for AEON
Real estate developer Marakez has signed a contract with Hassan Allam Construction for its AEON residential compound, according to a…
Heliopolis Housing aims to reduce debt by 50% in coming fiscal year
Real estate developer Heliopolis Housing is looking to reduce its debt by 50%, grow revenues to more than EGP 3.1…
Heliopolis Housing says presidential decree ends dispute on Shorouk plot
Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in…
IDA places moratorium on land tenders for coming months, competition authority is going monopoly hunting aming importers
Industry wants to watch out for the next few months: The Industrial Development Authority (IDA) will not issue further land…
Heliopolis Housing out of first wave of stake sales; no stake sales during summer
EXCLUSIVE- Heliopolis Housing dropped from first wave of state privatization program: Heliopolis Company for Housing and Development has been dropped…
NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
Ismailia for Real Estate Investment looking to invest EGP 150 mn by year-end
Al Ismaelia for Real Estate Development aims to invest EGP 150 mn this year in purchasing new buildings and improving…
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