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Executive regs to settle fines for building violations in Egypt coming soon
LEGISLATION WATCH- Exec regs for temporary law to settle building code violations will be issued soon: The executive regulations for…
Egypt’s state-owned HHD sells 1980 feddan land in Sheraton, New Cairo
Heliopolis Housing and Development (HHD) sold a 1,980-feddan land plot in Sheraton, Heliopolis, for EGP 99.3 mn at auction on…
Gov’t looks to private sector to save 150 of Egypt’s 20th century buildings
The government is working on a plan to enlist the private sector to renovate and lease out some 150 ailing…
Orascom Development Egypt renegotiates terms on 2016 syndicated facility
Samih Sawiris’ Orascom Development Egypt (ODE) has reached an agreement to amend the payment terms of a syndicated loan it…
No more new capital land for Egypt’s investors, developers this year
The New Administrative Capital Company (NACCUD) will not be offering any more land to investors and developers this year, and…
Marakez signs contracts with Hassan Allam Construction for AEON
Real estate developer Marakez has signed a contract with Hassan Allam Construction for its AEON residential compound, according to a…
Heliopolis Housing aims to reduce debt by 50% in coming fiscal year
Real estate developer Heliopolis Housing is looking to reduce its debt by 50%, grow revenues to more than EGP 3.1…
Heliopolis Housing says presidential decree ends dispute on Shorouk plot
Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in…
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