Wednesday 30 July 2014

Orascom, Nasr scrap Tigan co-op deal

Egyptian group Orascom Development and local real estate firm Madinet Nasr Housing have scrapped an agreement to co-operate in developing the Tigan real estate project, Orascom said on Monday. Swiss-based Orascom Development Holding throug


Nasr City Housing to start $3.4bn project

Egyptian property developer Nasr City Housing is preparing to start work on its 3.5 million square metre, $3.4 billion-plus Tigan project, a report said. Tigan will include mixed-use housing units and is expected to be completed in seven y

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