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Misr Italia achieves EGP 2bn in sales of its projects in 5 months
Jan 01 1970

Misr Italia achieves EGP 2bn in sales of its projects in 5 months

misr Italia Properties targets achieving EGP 5.5bn in sales of its projects in the current year, compared to EGP 4.7bn last year, Al Assal said that the company has achieved EGP 2bn in sales of the Misr Italia Properties’s projects within the first five months of the current year. Furthermore,...

Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1
Jan 01 1970

Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1

Egypt’s Palm Hills Developments (PHD) posted EGP 2.2 bn sales (residential and commercial) in Q1 2019, marking a 5% surge YoY, with 374 units sold in total, arising notably from continued uptake of launched properties in Palm Hills Alexandria, Invest-Gate reports. There were also limited launches in several of PHD’s...

City Edge Awards Construction Deals to ASGC, Redcon for 2 Projects
Jan 01 1970

City Edge Awards Construction Deals to ASGC, Redcon for 2 Projects

City Edge Developments (CED) signed on May 29 contracts with Dubai-based ASGC and general contracting company Redcon Spain to carry out the construction works of ETAPA and ETAPA Square, west Cairo, Invest-Gate reports. This came during a press conference held at Sofitel Cairo Nile El Gezirah, where CED announced that...

Edge Holding Posts EGP 500 mn Sales of OIA Compound in H1
Jan 01 1970

Edge Holding Posts EGP 500 mn Sales of OIA Compound in H1

Edge Holding for Urban Development reported EGP 500 mn sales of its residential project in the New Administrative Capital (NAC), OIA, in H1 2019, bringing the compound’s total sales up to EGP 1.67 bn, The company has already commenced the construction works of OIA and allocated EGP 80 mn for...

Sisi and the government moved to the administrative capital next June
Jan 01 1970

Sisi and the government moved to the administrative capital next June

Major General Ahmed Zaki Abdeen, President of the new administrative capital, called on Saudi investors to invest in the administrative capital and benefit from this project and its guaranteed profits, especially as it comes within the strategic planning for the development of Egypt The new administrative capital enters the "Guinness"...