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Real Estate
The iconic tower at Egypt’s new capital reaches its 53rd floor
The Egyptian Minister of Housing, Assem El-Gazzar, said that 53 floors of the iconic tower in the Central Business…
Egyptian PM inspects housing project for slums residents worth EGP 1.7 bln
Prime Minister Mostafa Madbouly inspected a housing project that is under construction in El-Salam City, east of…
Qatari Diar inaugurates St. Regis Cairo Hotel
The Qatari Diar Company inaugurated the St. Regis Cairo Hotel in the presence of the Qatari Minister of Finance,…
NUCA receives land allocation requests for 5,500 feddan during 2020
New Urban Communities Authority (NUCA) has received 2,035 land allocation requests for 5,500 feddans during 2020,…
Egypt extends deadline for settling construction violations until March-end
The Egyptian cabinet decided to extend the deadline for settling building violations for a three-month period…
Talaat Moustafa Group’s unit mulls borrowing EGP 1.2bn
Talaat Moustafa Group Holding (TMG Holding) said that its subsidiary Arab Company for Projects and Urban…
Amer Group’s unit buys 56-feddan land to build Porto El Minya
Amer Group Holding Co said that its subsidiary Amer Tourism Development signed a contract with the New Urban…
Egypt’s gov’t invests EGP 23.5bn in 103k residential units in 2020
The Egyptian Ministry of Housing, Utilities, and Urban Communities built about 103,000 residential units at a total…
Egypt’s CBE keeps interest rates unchanged in its last meeting during 2020
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided to keep the overnight deposit rate,…
Tabarak Developments delivers 100 residential units in 90 Avenue project
Tabarak Developments has delivered 100 residential units from the first phase of the 90 Avenue project, the Vibe…