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NACCUD gives Sabbour-Alliance JV 6 months to make USD 100 mn down payment
The New Administrative Capital Company for Urban Development (NACCUD) has granted a consortium of UK-based Alliance Worldwide and Sabbour Consulting…
ODE, NIS to invest more than EGP 500 mn in two int’l schools in O West
INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int’l schools in O West: A recent partnership…
El Gouna property sales up almost 25% in 2Q2020
Property sales in El Gouna have increased by 22% y-o-y to hit EGP 891.5 mn in the second quarter of…
Ora Developers to participate in Maspero redevelopment -Sawiris
Ora Developers is looking to participate in the redevelopment of the Maspero Triangle in downtown Cairo, Chairman Naguib Sawiris told…
Property value will likely hold ground as the economy slows -Samih Sawiris
Samih Sawiris sees property values holding their ground despite covid-19 market slowdown: Orascom Development Holding Chairman Samih Sawiris expects real…
NACCUD eases payment requirements for new capital developers
The New Administrative Capital Company for Urban Development (NACCUD) has cut the required downpayment for real estate developers on land…
Egypt tops MENA FDI charts in 2019 with USD 13.7 bn
Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct…
Covid-19, GERD still top stories on talk shows
The death of Military Production Minister Mohamed El Assar led the talk shows last night, with all of the talking…
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