Year: 2022

Total of EGP 2.5bn paid in insurance from April to June 2022: FRA

Mohamed Farid, Chairperson of the FRA, issued periodic report No. 6 of…

Fatma Salah Fatma Salah

International Cooperation Minister to participate in 77th UN General Assembly

The UN meetings come amid unprecedented global repercussions due to the Russian-Ukrainian…

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Banks operating in Egypt report EGP 56.8bn in profits during 1H 2022: CBE

Total financial position of banks in Egypt increased to about EGP 10.037trn

Hossam Mounir Hossam Mounir

MNHD signs MoU with Al-Hazek Construction to execute construction works worth EGP 1.5bn

The MoU includes the construction of some buildings in the Shalya project…

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Ebny Developments signs engineering, technical consultancy contracts to manage, develop its projects

The company contracted with Yasser Al-Beltagy Architects (YBA) as an engineering consultant…

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ADC Developments appoints Ahmed Samir Al-Desouky as CCO

Al-Desouky has experience of up to 18 years in the real estate…

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New Generation Development launches L’HIVER project with EGP 4bn in targeted sales

The company is targeting EGP 1.5bn in sales for the first offering…

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Mazaya Developments begins construction on 3 projects at NAC ahead of schedule

The company’s investments in the NAC exceed EGP 2bn

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City Edge Developments signs agreement to operate cinema complex in Heritage City in New Alamein

The agreement was signed at the Ministry of Housing, Utilities, and Urban…

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Egypt’s real estate sector represents 20% of GDP: ACUD

The NAC’s second and third phases will be launched by the beginning…

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