Egypt, UAE leaders witness launch of $110bn Ras El-Hekma Development Project
Egypt President Abdel Fattah Al-Sisi and UAE President Mohamed bin Zayed Al Nahyan witnessed the launch of the Ras El-Hekma development project on Egypt’s western North Coast, a significant step in strengthening economic ties between the two countries. The total
UAE’s ADQ appoints Modon Master Developer for Egypt’s Ras El-Hekma Megaproject
Abu Dhabi-based investment and holding company ADQ has appointed Modon Holding PSC as the master developer for the Ras El-Hekma megaproject, a major development spanning 170 million square metres on Egypt’s northwestern coastline. The appointment was announced in the presence
Egypt’s Ras El-Hekma Megaproject: Modon Holding Secures Key Partners for
Modon Holding PSC, the master developer for the Ras El-Hekma megaproject on Egypt’s Mediterranean coast, has taken a significant step forward by securing key partnerships for the ambitious development. The project, situated on Egypt’s north coast, is envisioned as a
NAIA accelerates construction pace at North Coast project by 70% – Dailynewsegypt
Naia Developments has announced a significant acceleration in construction progress at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast. During a recent media tour, the company showcased its commitment to delivering the first phase
Inertia Egypt to deliver 500 units in 2024 – Dailynewsegypt
Life has sprung into the Jefaira project in the Ras El Hekma area of the North Coast, as Inertia Egypt has started delivering units to customers after providing a diverse range of services within the project. These include the operation
Egypt’s economy shows signs of recovery despite challenges: IMF – Dailynewsegypt
Egypt’s economy is showing signs of recovery following a difficult period marked by weak economic activity and foreign exchange shortages, according to a recent report by the International Monetary Fund (IMF). While growth slowed to an average of 2.5 percent
Naia Developments invests EGP 46bn in Egypt’s real estate market, expands portfolio – Dailynewsegypt
Naia Developments has announced a significant increase in its investments in Egypt, reaching EGP 46bn as part of its ambitious expansion plans. The company is also expanding its land portfolio, which now includes 252 feddans in West Cairo and Ras
Gates Developments reports EGP 8.7bn in Lyv Ceaser Ras El Hekma sales – Dailynewsegypt
Gates Developments has announced exceeding EGP 8.7bn in sales for its Lyv Ceaser Ras El Hekma project on the North Coast, within just a few months of its launch. The company’s CEO, Hassan Nasr, said the project, developed in partnership