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Infrastructure 
NUCA planning to disburse EGP 4 bn of compensation to contractors by year’s end
The New Urban Communities Authority (NUCA) is planning to disburse by the end of the year a total of EGP…
Real estate
US’ Vernbro Global breaks ground on EGP 6 bn Downtown Tanta logistics, retail hub
US real estate developer Vernbro Global broke ground on an EGP 6 bn mixed-use project in Tanta for the Supply…
Giza General Contracting approves establishing EGP 50 mn real estate investment unit
The board of Giza General Contracting and Real Estate Investment Company approved establishing a EGP 50 mn real estate investment…
Abu Soma Development Company to establish two new hotels in Soma Bay
The Abu Soma Development Company is working on constructing two new hotels in Soma Bay at a combined investment value…
Talaat Moustafa expects sales in 2017 to reach EGP 13 bn
Talaat Moustafa Group expects sales in FY2017 to reach EGP 13 bn, the company said in a bourse filing on…
Marseilia Real Estate signs EGP 1 bn with contractors for Marseilia Beach 4
Marseilia Real Estate Investment signed EGP 1 bn with contractors for the second phase of their North Coast project Marseilia…
Heliopolis Housing says it netted EGP 76 mn in four months, only completed 59% of plan
Heliopolis Housing sent the EGX a note saying it registered a net profit after tax of EGP 76 mn from…
Oriental Development wins bid for 21.5 feddans of land in New Cairo
The Oriental Company for Urban Development bought 21.5 feddans in New Cairo for EGP 400 mn,according to AMAY. The Oriental…
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