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Infrastructure 
PHD to delay securitization plan until interest rate drops
Palm Hills Developments (PHD) is delaying its EGP 500 mn securitized bond issuance until after interest rates drop, Managing Director…
Real estate
Misr Italia looking to develop 1,000 feddans in new capital
Misr Italia Group is in talks with the New Administrative Capital Company for Urban Development to develop 1,000 feddans in…
NUCA rejects settlement offer from OHC on Haram City project
The New Urban Communities Authority (NUCA) reportedly rejected Orascom Housing Communities (OHC)’s settlement offer to buy the remaining 1380 feddans…
Hassan Allam Construction implementing EGP 1.4 bn worth of infrastructure works in new administrative capital
Hassan Allam Construction is implementing EGP 1.4 bn-worth of infrastructure projects at the new administrative capital, the company’s Managing Director…
Hill signs agreement with ECETA to provide IFM
Hill International announced signing an MoU with Egyptian Facilities Manager ECETA to provide project management, construction consulting services, and integrated…
Better Home breaks ground on Midtown Solo development
Property developer Better Home has broken ground on the Midtown Solo development in the new administrative capital, said the company’s…
SECON investing EGP 4 bn in new administrative capital
The Saudi Egyptian Construction Company (SECON) plans to invest EGP 4 bn in new developments in the 70 feddan area…
Homes in new administrative capital to go on sale in 1Q2018
The New Administrative Capital Company for Urban Development plans to begin selling homes at the residential district of the new…
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