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Orascom Development to start building residential project in Gouna in 2H2017
Orascom Development Holding (ODH) will break ground on a residential project in Gouna in 2H2017, set to be completed by…
Real estate
Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday
Heliopolis Housing will sign a EGP 500 mn agreement with El Taamir (Al Oula) on Thursday to finance infrastructure projects…
Housing Minister launches first phase of EGP 50 bn iCity October
Ground broke yesterday on the first phase of the EGP 50 bn iCity October development, Al Borsa reports. The residential…
EGP 8-10 bn invested in first phase of New Alamein city
Phase one of the government’s New Alamein City in Matrouh governorate will cost EGP 8-10 bn Al Mal quotes Housing…
Al Tayyar looking to borrow EGP 1.6 bn to build a project in Nasr City
Al Tayyar Group-Egypt is looking to borrow EGP 1.6 bn from a consortium of banks led by Bank Audi and…
TMG drops EGP 1.8 bn lawsuit against NUCA
Talaat Moustafa Group (TMG) says it has dropped the court case filed against the New Urban Communities Authority (NUCA), Al…
State to reclaim 421 feddans in 10 governorates by end of May
The government plans to reclaim 421 feddans of state-owned land in 10 governorates by the end of May, the Interior…
SECON purchases 70 feddans in New Administrative Capital
The Saudi Egyptian Construction Company (SECON) purchased 70 feddans in the New Administrative Capital, Al Ahram reports. SECON CEO Darwish…
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