Egyptian-Saudi consortium mulls USD 1 bn Downtown Cairo redevelopment
The consortium includes Saudi’s Sumou Holding and its subsidiary Adeer International and local players Midar and Hassan Allam
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The consortium includes Saudi’s Sumou Holding and its subsidiary Adeer International and local players Midar and Hassan Allam
Real estate exports alone could bring Egypt USD 10-15 bn in revenues annually
PLUS- CI Capital PE for Fund Management and Investment and Engazaat are launching a USD 200 mn green infrastructure fund
The Red Sea is a tourism hotspot that is currently looking at a shortage in hotel rooms
Increases range from 10% to 250% depending on location
Thirty-three companies are required to pay the new fees on a total of 50 land plots
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast
PLUS- Basata Holding will invest some USD 7 mn in 2026 to boost its market position
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