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Real Estate
Orascom Construction adds $650m to its projects portfolio in Q1-21
Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up…
Egypt constructs EGP 190bn water, sanitation projects since 2014
Egypt is currently establishing 571 water and sanitation projects at a total cost of 63.3 billion Egyptian pounds,…
SODIC will soon announce an international financial advisor for Aldar acquisition bid
Sixth of October Development and Investment Company (SODIC) will soon announce its selection of the international…
Egypt pumps EGP 83bn investments into Upper Egypt since 2014
The Egyptian Ministry of Housing, Utilities, and Urban Communities has pumped investments of 83 billion Egyptian…
Old Cairo’s Al-Fustat will be revamped on Egyptian President’s directives
The revamp of Al-Fustat Garden in Old Cairo has been ordered directly by Egyptian President Abdel-Fattah al-Sisi to…
Egypt’s SODIC picks advisors for UAE Aldar-led acquisition offer
Egyptian property developer SODIC said board decided to appoint EFG Hermes and an international investment bank as…
Ora Developers signs an agreement with Telecom Egypt for communication services at its…
Telecom Egypt signed a protocol of cooperation with Ora Developers to provide integrated communications services to…
Tatweer Misr signs EGP3.2 bln deals for its educational area in New Cairo project
Tatweer Misr signs agreements worth 3.2 billion Egyptian pounds to establish New Jersey Institute of Technology,…
Redcon to develop EGP 30 bln mixed-used development in New Cairo
Redcon for Offices and Commercial Centres, part of Egypt-based Redcon Construction, plans develop The Golden Gate…
Egypt will see hotel occupancy rates of 35-61% in 2021: Colliers International
Egypt’s hotel market may see occupancy rates of between 35-61 percent in 2021, according to Colliers…