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Real Estate
France’s EDF signs 15-year deal to run Egypt new capital’s power grid
Egypt’s state-run New Administrative Capital Company for Urban Development (ACUD) on Thursday signed a 15-year…
Orascom Development sees EGP3.5bln in O West sales during 2019
Orascom Development Egypt (ODE) has achieved total sales of 3.5 billion Egyptian pounds in its flagship O West …
Egypt’s Arab Contractors awaits review findings of six African giant projects
Egyptian state-run construction firm Arab Contractors is waiting for the outcome of government-commissioned review…
Egypt’s Madinet Nasr contracts, reservations recorded EGP 6.3bn in 2019
Egypt’s state-owned Madinet Nasr for Housing and Development pre-sales (contracts and reservations) for the year…
5 African countries invite Egyptian contractors to invest in $650mn projects
Egyptian contracting firms are invited to participate in eight giant infrastructure projects in five African…
Egypt’s FY20 budget allocates 10.8 bln pounds for slums development
The Egyptian government-led Slums Development Fund’s (SDF) current financial year budget allocates 10.8 billion…
Egypt sells 7,500 feddans in new capital for EGP 300bn
The proceeds from the sale of 17,500 feddan in the first phase of the New Administrative Capital project amounted…
Four Egyptian construction vying for $250 mln Central African project
Four Egyptian construction companies are competing to win mandates for an infrastructure project in an African…
Egypt’s PM orders quick construction of sports city in New Capital
Prime Minister Mostafa Madbouly directed speeding up process of construction of the sports city in the New…
Beltone says Egypt’s real estate sector may decelerate by 2020
Egyptian investment bank Beltone Financial said in recent report that it expects the country’s real estate sector…