Egypt launches $1.8bn project for 116,000 homesEgypt’s New Urban Communities Authority (NUCA) has launched a project valued at EGP16 billion ($1.8 billion) to build 116,000 housing units in 6th of October City for the middle-income segment, a report said. A total of 42,7 More… |
Saudi Arabia to speed up Egypt investmentsThe Public Investment Fund (PIF) of Saudi Arabia has agreed to begin examining several investment opportunities in Egypt, a senior government official said. Minister of International Cooperation Sahar Nasr urged Saudi Arabia to ex More… |
Palm Hills denies report land sale cancelledBeleaguered Egyptian property developer Palm Hills denied a newspaper report that the government cancelled a sale of land to the company, saying it still held the plot on Cairo's western edge. Financial daily Al Mal reported on Thursday th More… |
Egypt housing body cancels Palm Hills dealEgypt's New Urban Communities Authority (NUCA) is cancelling a land contract with beleaguered property developer Palm Hills , financial daily Al Mal reported on Thursday. 'NUCA decided ... to cancel a contract fo More… |
Egypt court rejects TMG Madinaty appealsAn Egyptian court upheld on Tuesday a ruling that threatens Talaat Moustafa Group's (TMG) flagship project on the outskirts of Cairo, sending shares in Egypt's biggest listed developer sharply lower. Building has already More… |