Thursday 14 December 2017
 
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Egyptian developer

Egyptian developer to start work on Tower Bay

Egyptian real estate company Tower Developments is set to start work on the first phase of its flagship Tower Bay project in Port Said by May next year, said a report. The first phase, being built at a cost of E£800 million

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Egyptian contractor to hand over 16 residential buildings

Egypt-based leading contracting company Al Abd aims to deliver 16 residential buildings at a total cost of E£200 million ($10.6 million) in Al Asmarat City, Mokattam, by the end of June this year, said a report. Al Abd is ca

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Egyptian developer Azmeel eyes GCC foray

Egyptian property developer Azmeel Group has announced plans to enter the lucrative Gulf property market with a major focus on tourism projects, said a report. The Cairo-based group had recently developed Selena Bay project in Hur

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Egyptian developer plans new tourism project

Egypt's Al Ahly For Real Estate Development is set to start work on a new tourism project on the north coast in partnership with a leading real estate investments company this year. The project, which will be developed under t

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Egypt developer starts work on key housing project

Leading Egyptian developer Wadi Degla has started construction work on its major residential project, Neopolis, which will come up on a 2.2-million-sq-m area in New Cairo, said a report. The project, located in the Future City, wi

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Sodic chairman steps down

Sixth of October Development and Investment Company (Sodic), the third biggest listed property developer in Egypt, said its chairman Magdy Rasekh, has resigned from the company's board. In a statement to the Egyptian Stock Exchange, Sodic

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