Latest in Tag: New Cairo Highlight
Latest in Tag: New Cairo

Facilities for 1,000 factories project are being finalised: Housing minister
Industrial zone is located on 1,046 acres; one-third of the area is dedicated for 1,000 factories, says Abdel Aziz

PACT to invest EGP 1.7bn in Egyptian real estate over 10 years
EGP 65m for financing White Bay project in Ain El-Sokhna, to be financed in cooperation with NBE

Misr Italia launches Italian Square New Cairo in June
Italian Square New Cairo is built over 44,480 sqm, providing all basic needs and services

Mountain View studies listing on EGX in 2017: CEO
By the end of the year, the company will deliver two real estate projects in the Fifth Settlement and in 6th of October City, says Soliman

SODIC expects EGP 4.5-5bn in contracted sales in 2016
Company hopes to start sales in North Coast project by end of this summer

Secon signs 3 contracts to design new real estate projects
Projects will be built on 100 acres, with investments valued at EGP 2.5bn

Transportation Ministry targets $4bn investments at Economic Summit
Proposed projects part of comprehensive development aim to apply multimodal transport, says Dahi

ABnG Founders bring art to the desert
Deana Shabaan’s designs occupy the heart of the store with their oriental and boho-style that sums up the store’s spirit perfectly.

Misr Real Estate Management seeking to expand in New Cairo, 6th of October projects
Company plans to market and manage administrative buildings and towers in Road 90, says chairman Mohamed Bassyouni
Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin
Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts

Ministries of Housing, Industry to settle with 1,250 New Cairo factories to resume work
Concession agreements will be adopted and operation licences issued immediately to allow project managers to carry on working

Palm Hills restores 56.77 feddans in Sheikh Zayed; New Cairo land settlement still outstanding
Palm Hills Development, cabinet and New Urban Communities Authority agree on EGP 229m settlement

Comic book collector builds a haven for hobbyists
Super Stash, the first store of its kind in Egypt, aims to be a place for collectors to gather

Simit Sarayi: Delicious Turkish food in New Cairo gas station
Simit Sarayi is one of the pleasant surprises of getting lost in New Cairo

Kozbara: Flexible catering in New Cairo
Kozbara focuses on catering Italian and Oriental food but is flexible depending on client needs
Government resolves dispute with developer SODIC: Minister of Industry
Reuters – Egypt has settled a dispute with SODIC over the property developer’s Eastown scheme after the firm agreed to pay EGP 900m ($129m) in installments over about seven years, the Minister of Industry and Foreign Trade said on Sunday. “The dispute is closed,” Mounir Fakhry Abdel Nour said of the legal dispute over the …

Al-Futtaim Group signs EGP 532m facility agreement with CIB
Loan will finance phase two of Cairo Festival City Project, says Al-Futtaim Managing Director

FJP deputy leader Essam El-Erian arrested
Senior MB member’s arrest is the latest in a series of government crackdowns

FJP deputy leader Essam El-Erian detained for 30 days
Senior MB member’s arrest is the latest in a series of government crackdowns

AUC New Cairo campus closed on power shortages
Tahrir campus classes to continue

Housing minister: Egypt’s Petrified Forest Reserve to become tourist and environmental site
Guardianship agency will be hired to protect 1,300 acre-reserve and guard it from property infringements

Arrests by the Presidential Palace
Two men and two women arrested for participating in protest outside palace
Dutch journalist arrested in Cairo released
Dutch journalist Rena Netjes released after interrogation

Dutch journalist arrested in Cairo
Dutch journalist Rena Netjes victim of citizen’s arrest, accused of imposing Western culture

Commercial centres investment plans
KAD Chairman: EGP 8bn to open six branches of commercial centre Megabyte
Urban Communities Authority to build commercial district in New Cairo
New wholesale market to be established in New Cairo
Fuel truck overturns blocking Cairo Ring Road
City-bound traffic on Cairo’s Ring Road is at near stand-still after a fuel truck reportedly flipped and spilled its load across the road, blocking all four lanes.

Victory for AUC students
Striking students win tuition fee cap

AUC suspends operations until further notice Sunday
Alumni and students call for Monday emergency meeting

AUC campus gates removed by administration as negotiations reach a stand-off
Student union expresses disappointment