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Real estates
Egypt’s New Administrative Capital contributes to economic growth: Report
Egypt’s various state projects have contributed to enhancing the capacity of the country’s economy to grow. These projects include the New Administrative Capital (NAC), in addition to the economic…
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Emaar Misr posts 114% higher profits in Q1
Emaar Misr for Development reported higher profits during the first quarter (Q1) of the year by 113.73%, as shown by the company’s financial results.
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TMG starts construction of EGP 500 bn Nour City development
alaat Mostafa Holding has revealed plans for a new city east of Cairo with an investment cost of 500 billion pounds ($31.8 billion).
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Sustainable Capital Africa Alpha Fund raises stake in Orascom Construction
Sustainable Capital Africa Alpha Fund increased its stake in Orascom Construction Plc to 11.11% of the company's total outstanding shares on 1 June 2021.
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Wadi Degla’s real estate arm plans to tap sukuk market next month
Wadi Degla Developments is planning nearly 2 billion Egyptian pounds sukuk issuance worth that will be managed by Contact Financial (previously known as Sarwa Capital) and Banque Misr investment arm…
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El-Batal Group launches Rock Capital 1 with EGP 2bn investments
The El-Batal Group for Housing and Development has launched Rock Capital 1, its first administrative offices project in the Egyptian market.
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Automating real estate tax management system to facilitate access to access to e-services
Finance Minister Mohamed Maait said that the national project to modernize and automate the real estate tax management system focuses on simplifying, integrating and digitizing procedures in order to…
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Heliopolis Company’s unit plans EGP 2bn investments in New Heliopolis City
New Heliopolis City, owned by Heliopolis Company for Housing and Development, will witness the development of a new residential project with investments of EGP 2 billion, the Chairman of Heliopolis…
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Orange Egypt, Mountain View signs agreement to provide TRIPLE PLAY Services in its Projects
Orange Egypt and Mountain View, have signed a cooperation agreement to provide TRIPLE PLAY services (telephone, television and high speed internet) over fiber to the home networks in Mountain View…
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Orascom Construction adds $650m to its backlog in Q1-21
Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up 8 percent when compared to the year-ago period.
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