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Local developers to work alongside CSCEC in new capital business district
Three local companies — Redcon Construction, El Nasr General Contracting, and Dorra Real Estate Development Group — are close to…
Real estate
BICC to open international school branch in new capital
The British International College of Cairo is planning to open a branch in the new administrative capital, CEO Ahmed Samir…
US-based Fluence Corporation to build three desalination plants for USD 7.6 mn
The Housing Ministry signed a contract with the US-based Fluence Corporation to build three seawater desalination plants at a total…
NUCA reviewing offers for EGP 3-4 bn securitized bond issuance
The New Urban Communities Authority (NUCA) is reviewing offers from two local consortiums who are looking to manage its upcoming…
MBG Development earmarks EGP 10 bn for fresh investments in new capital
MBG Development is investing some EGP 10 bn in developing two residential compounds and a medical complex in the new…
NUCA grants developers one-year grace period to complete residential, service projects
The New Urban Communities Authority (NUCA) has agreed grant real estate developers a one-year grace period to complete residential and…
CGP to invest EGP 5 bn in mixed-use compound Alburouj in 2019
Capital Group Properties is planning to invest EGP 5 bn in its mixed-use compound Alburouj in 2019, Chief Projects Officer…
Hyde Park, Constec to build EGP 140 mn Hyde Park project in New Cairo
Hyde Park Developments inked a EGP 140 mn agreement with the Construction and Design Company (Constec) that will see the…
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