REAL ESTATE

22 Aug 2019

Mori Building Unveils Massive Urban Regeneration Project in Central Tokyo

Mori Building Co., Ltd., a leading urban landscape developer, has begun construction on its “Toranomon-Azabudai District Category 1 Urban Redevelopment Project,” a massive urban regeneration project aimed at revitalizing a large area of central Tokyo. A groundbreaking ceremony"...

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19 Aug 2019

Suez Cement, Tourah Cement report EGP 754.7M total net losses in 1H 2019-Egypt

Cairo: Suez Cement (SUCE) reported net losses of EGP 293.4 million during the first half of 2019, compared to profits of EGP 238.3 million during the same period in 2018, a loss ratio of 223.1 percent.

According"...

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08 Aug 2019

Housing Minister sponsors 2nd Think Commercial round-table

The second edition of the Think Commercial round-table will be held on 27 August under the title “How can real estate become attractive for investment and tourism.”

The meeting will tackle the mechanisms"...

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05 Aug 2019

Construction of 1st wind farm operating in BOO system to start in October

CAIRO - 4 August 2019: The construction of the first wind farm operating in the BOO (build, own, operate) system will start in October as a partnership between the private sector and the National Renewable Energy Authority (NERA).

NERA Chairman Mohamed al-Khayat told Al Watan"...

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05 Aug 2019

Delta Steel Mill to upgrade factories with EGP700m

Delta steel Mill Company, a subsidiary of Metallurgical Industries Holding Co., aims to fully upgrade and modernise it’s factories at a total cost of EGP700m ($42.3m), according to the Chairperson of the Delta Steel Mill Company, Mahmoud El Feki.

“The"...

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01 Aug 2019

Saudi-Bahraini developer to pump $20M into Egypt property market

Cairo: Property developer Al MOBDEOON, part of Bahrain’s Al-Qaseer Investment and Properties Development, will pump $20 million into the Egyptian property market in the coming period.

Al MOBDEOON is a Saudi-Bahraini"...

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30 Jul 2019

GV Developments unveils EGP 9B White Sand project in North Coast

Cairo: GV Developments launches EGP 9bn mixed-use project in North Coast, Managing Director at the company, Nasser El Mallah, said.

During in the project’s launching ceremony on Sunday, El Mallah said White"...

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30 Jul 2019

300 exhibitors for The Big 5 Construct Egypt

The upcoming Big 5 Construct Egypt 2019 in Cairo will gather over 300 Egyptian and international exhibitors of innovative construction products, materials and solutions, and is expected to welcome over 13,000 industry professionals.

Companies from more than 20 countries, including"...

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27 Jul 2019

Housing Ministry implements 4 projects of water and drainage in Minya

CAIRO - 24 July 2019: The Ministry of Housing confirmed on Wednesday implementing four projects for drinking water and sanitation in Minya governorate at a cost of LE 1.818 million, according to a statement issued by the ministry.

The ministry explained that running tests are"...

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22 Jul 2019

EFG Hermes plans to establish fund for investing in real estate sector by 2020

Cairo: Karim Moussa, head of Equity Management at EFG-Hermes, told Daily News Egypt in a private interview during a conference held by the group last week, that EFG Hermes is studying the establishment of a real estate investment fund in 2020, probably in cooperation with a major real estate"...

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