Latest in Tag: New Cairo Highlight
Latest in Tag: New Cairo
Oscar Misr to launch mini compound in New Cairo with investments of EGP 40m
The company will hand over its first projects in Shorouk City within two months, says Beheiry
ECETA to operate commercial mall in New Cairo in April with investments of EGP 600m
The company aims to contract with 10 new customers next year, says ECETA head
NUCA receives offers to pay for distinct lands in New Cairo and Sheikh Zayed in cash
Plot price registers EGP 6m
Memaar Al Morshedy to launch new university in New Cairo
Memaar Al Morshedy Group started the construction works of an Egyptian university on 27 feddans in Fifth Settlement, New Cairom which includes seven different colleges using the latest technological means, according to a press statement on Saturday. The statement noted that the university is interested in the future of architecture in Egypt. The Memaar Al …
Oscar Misr negotiates to expand in New Cairo, Shorouk in 2017
The company seeks to purchase lands with areas averaging 1,000 sqm, says Beheiry
2 June deadline to serve units allocated for Egyptian expats
1,150 units are offered to Egyptian expatriates in Madinaty, Al Rehab, and Dar Misr
Wadi Degla Developments launches Promenade New Cairo
The new project occupies a total area of 140,000sqm
Redcon sells 50% of administrative project ‘Blue Capital’ to ABB for EGP 150m
Negotiations with an Egyptian pharmaceuticals company to buy the remaining share of the administrative building, says El-Gammal
Real estate marketers demand that Beit Al-Watan prices be decreased by 30%
The New Urban Communities Authority considers reducing the price per metre over fears that the price could reach as high as EGP 11,000 in New Cairo
Supermarket company Spinneys opens 2nd store in New Cairo
Spinneys opened its second store in Cairo on 14 December, celebrating more than 10 years as Egypt’s foremost supplier of grocery and household products. The newest Spinneys supermarket is located in the upper-class neighbourhood of New Cairo in Arena Mall. “We are overjoyed to be responding to requests by residents to open another store in New …
Housing Ministry to offer new lands for real estate developers in January
The ministry aims to increase NUCA’s budget to EGP 50bn in the next fiscal year, says minister
ARCO Egypt awaits ministerial decision to develop Citystars Katameya with investments of EGP 5bn
ARCO is negotiating with the Ministry of Housing for the development of three projects through a revenue sharing system, says executive manager
Hyde Park offers 9 tenders to speed up construction, finishing
Hyde Park New Cairo announced it would offer five tenders to speed up the construction and finishing of its project’s units. The move comes as an attempt to fulfill the company’s obligations towards its clients, as the units are expected to be delivered within a few months. In a press statement, the company said that …
Apartments, villas rented out at faster rate in New Cairo than 6th of October City: JLL
Property owners are forced to accept their payments in Egyptian pounds following the currency devaluation, says the report
Burj Global develops New Cairo residential project, invests $70m
The project is situated on an area of 35 acres, says chairperson
Spinneys opens New Cairo branch as part of 2016 expansion plan
The new outlet for Spinneys is the second to be launched this year, following the opening of a new branch in Alexandria. Two other stores are scheduled to open this year.
2 killed in exchange of fire with police near New Cairo
The security forces shot at the car, which killed two persons in the car and injured the driver who was arrested along with the fourth man in the car.
Wadi Degla begins construction work on Neopolis project with investments of EGP 14m
Neopolis project is a housing compound with commercial and entertainment services, says CEO
Al-Sisi orders rapid trial for police officer who killed tea vendor in New Cairo
The law-ranking police officer claims he was targeting “militants on a motorcycle”, not a tea vendor
Officer who killed tea vendor to be put on trial: Interior Ministry
Police officers and ministry officials are bound by the law, just like any other citizen, says Abdel Ghaffar
Interior Ministry confirms officer killed vendor in New Cairo
A low-ranking police officer opened fire on a vendor, killing him and injuring two others, says ministry statement
Social media users claim low-ranking police officer killed 1 person in Rehab
The Interior Ministry did not deny or confirm circulated claims and will await preliminary investigations
Picasso East: First art gallery in New Cairo
“We want to feature abstract art in an innovative way; we started with large, beautiful space and a new location,” says founder
Investments in Palm Hills’ New Cairo project at EGP 35bn: Minister of Housing
NUCA’s share of revenues is 42% of the total project revenue, according to cabinet statement
Bavarian opens new branch for MINI Cooper 3S in New Cairo
We target sales growth by 19% by end of 2015, says El-Tobgy
Dar Misr project implemented by 31%
The first phase includes establishing 13,269 units in New Cairo and 5,712 units in New Damietta
Egyptian pound devaluation has positive impact on tourism: Colliers official
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
Rental market performance better in New Cairo than 6th of October City: JLL
The financial performance of Cairo hotels improved slower than the occupancy rate, says Sami
Tabarak Holding launches ‘Ninety Avenue’ at Cityscape
Daily News Egypt interviewed Tabarak Holding’s Chairman Ali El Shorbany to discuss the company’s latest projects and its participation in Cityscape Exhibition. What is the value of Tabark Holding’s targeted investments by the end of 2015? The company is planning to pump investments of EGP 2bn over the next year (2016), as we are willing …
440 factories to start operating in New Cairo by October
A new vision on industrial zones to be implemented in Qaliubiya