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Appellate court rejects appeal by Golden Pyramids Plaza against arbitration case with OCI
A Court of Appeals rejected another appeal filed by Golden Pyramids Plaza against a court of arbitration ruling from March…
Real estate
Redcon to develop EGP 2 bn projects in New Alamein
Redcon Construction has won EGP 2 bn contracts to build a 42-story tower and a university campus in New Alamein…
Remco to begin EGP 12 bn project in new administrative capital
Remco Tourism Villages Construction announced it is beginning EGP 12 bn worth of projects at the new administrative capital, according…
Cleopatra Group to invest EGP 4 bn in real estate and tourism projects in the next two years
Real estate and industrial holding group Cleopatra Group plans to invest EGP 4 bn over the next two years, said…
OC adds USD 650 mn in project backlog in 4Q2017
Orascom Construction (OC) announced adding USD 650 mn in new contracts to its backlog in 4Q2017. “New projects in Egypt…
MG Developments to spend EGP 800 mn on office space project
MG Developments is investing EGP 800 mn to establish a commercial administrative complex in New Cairo, the company said in…
Catalyst to start work on EGP 5 bn Al Galala project this year
Real estate developerCatalyst Real Estate is planning to start work on a new EGP 5 bn development this year, Chairman…
New Administrative Capital Co. in talks with Chinese company to develop 14k feddans
The New Administrative Capital Company is in “advanced talks” with a major Chinese firm to develop 14k feddans into a…
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