Property developer Builderia launches administrative project in Egypt new capital

By Amwal Al Ghad English On Aug 18, 2020

Egypt’s real estate developer, Builderia has launched its administrative flagship Paragon in the country’s new capital, 45km (28 miles) east of Cairo, said chairman on Monday.

Spanning over 4,300 square metres, the project is with investments worth 500 million Egyptian pounds ($31.3 million), Mohamed Bedeir added.

The project is set to be completed within 2022, Bedeir said.

Egypt new capital

Key global currencies rates in Egyptian banks on 18 August

Lebanese BLOM’s sale of Egypt unit to raise lender’s capital – Moody’s