Latest in Tag: north coast Highlight
Latest in Tag: north coast

Misr Italia to invest EGP 20bn in North Coast mega project
In an interview with Daily News Egypt, Mohamed Hany Al-Assal, board member of Misr Italia Holding Company, explained the details behind the company’s investments in the real estate sector. What are your upcoming projects? We are preparing, until the end of 2015, our stock market issuance that will act as a source of funds for …

North Coast project launch targeted for next summer, EGP 1bn expected revenues: Omar Dorra
Lease contracts for Capital Business Park for two of the four remaining buildings will happen by Q1 of 2016, says Dorra Group Official

Egypt implements first office in UAE to revitalise tourism
New office will cooperate with airlines flying into Egypt to create direct flights to Sharm El-Sheikh, Red Sea and North Coast

EGP 500m to construct solar powered compound
MCR will run global tender to choose company that will be responsible for implementing 1 MW solar power plant

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

Palm Hills signs bridge loan agreement worth EGP100m
The loan will be used for financing a project in the North Coast and has been signed with Banque Misr and AAIB

$500m tourism investments in North Coast await state support: Chairman of Egyptian Vacation Club
Tourism investors in the North Coast hope to get the state’s support in the region by facilitating procedures and eliminating the illegal seizure of lands

14 GCC, Egyptian investors request North Coast land for tourist resorts: Ministry official
TDA aims to offer North Coast land tender in second half of 2015 as part of country’s intention to develop region

Palm Hills expects EGP 1.3bn in Q1 sales
Rise in sales of company’s projects in western and eastern Cairo as well as North Coast main derivatives to this anticipation, company says
SODIC targets coastal investment before 1H of 2015
Company eyes both Ain Sokhna and the North Coast

Government outfits kiosks for street vendors to transform them into small merchants: PM
North Coast development, social housing, employment, Downtown Cairo, and roads project top Mehleb’s priorities this week

Occupancies decrease in coastal areas following Eid Al-Fitr holiday: Vice President of Chamber of Hotels
Occupancies for hotels in coastal areas increased during the holiday to more than 80%, said Al-Shaer, as many Egyptians left their homes to spend Eid Al-Fitr elsewhere.
56 Egyptians dead or missing after boat capsizes
Passenger were attempting to immigrate to Italy, rescue operations continue

Tourism authority achieves highest revenues to date, backs Red Sea projects
The Tourism Development Authority’s board of directors, chaired by Minister of Tourism Hisham Zaazou, agreed to a new deadline for development projects for implementation to be completed after late fees payment.

Hotel occupancy on North Coast rises to 70%: Chamber of Hotels Official
One week before Ramadan, hotel occupancy on North Coast at 70%, rates fall to 15% during first week before rebounding

Abraj Misr preparing to go public on EGX in 2015
Real estate company to implement new projects in New Cairo, Heliopolis and north coast region

UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.

Car ad campaigns spread along coasts, away from violence
Economic recession along with political turmoil forced a number of car companies and dealerships to decrease their total spending on advertising campaigns during the summer season.

Traffic apps come through for Egyptians in times of crisis
Bey2ollak users keep each other abreast of blocked roads and traffic jams and to travel in convoys to and from Cairo

Eid at the North Coast
In Sahel’s Club M and Tabla Cairo seemed a world away

Eid travel
With a long weekend ahead it is the perfect time to check out the best places to visit in Egypt

North Coast Sawani project: 35% of land now available for sale
Sayyid al-Ghandur, development director of the company Assets for Development, predicts investment in Sawani of EGP 500m by 2014

Morsi introduces massive national projects
President Mohmed Morsi made a television appearance yesterday with TV host Amr El-Leithy where he discussed new massive national projects, controversy about usury from the proposed IMF loan and average Egyptian’s minimum wage.
Egyptian-European Council to hold a conference on investment potential
President of the Egyptian-European Council Mohamed Abou El Enein discussed the need to improve security in Egypt, particularly in touristic regions, in addition to increasing the flow of investment into the country by providing incentives to businessmen.

The Sahel Awards
Our final award is won by the same competitor year after year, no matter how much trends change and no, it is still not okay to wear Crocs.

Liquid Park opens in Sahel
Some parts tempt you to test your skill to pass without losing your footing and fall in the water. Others are specifically designed to make the biggest splash you can.