Wealth Holding launches Once Mall in New Cairo, targets EGP 2.8bn in sales
Wealth Holding has unveiled its new project, Once Mall, located in the Andalus area of New Cairo’s Fifth Settlement. Positioned along the Mohamed Naguib Axis, Once Mall is designed to serve as a comprehensive investment hub, offering a mix of
ERG Developments unveils 27-feddan Linwood project in New Cairo
ERG Developments has officially launched its Linwood project in New Cairo, a 27-feddan residential development designed by renowned architect Raef Fahmy, according to the company’s founder, Mohamed Rizk. Located along the Youssef El-Sebaei Axis, just north of Al-Rehab City, Linwood
Bonyan approved for listing on Egyptian Exchange
Bonyan, a real estate investment company, has received approval to list on the Egyptian Exchange (EGX) under the ticker symbol “BONY.CA”. The company plans to launch its initial public offering (IPO) within the first half of 2025, pending completion of
Striving to digitize real estate appraisal nationwide: FRA Chairperson
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), highlighted the Authority’s ongoing efforts to digitize real estate appraisal by developing electronic applications to assist appraisers in various regions. These applications will include all the necessary details for issuing appraisal
Madinet Masr, GTCI partner to invest over EGP 263m in Taj City infrastructure
Egyptian real estate developer Madinet Masr has entered a strategic partnership with GTCI Constructors for Energy and Infrastructure Projects, a subsidiary of Al Tawakol Group, to invest more than EGP 263m in advancing the infrastructure of Taj City, a mixed-use
Tameer Egypt unveils Urban Business Lane mega-project in New Cairo
Tameer Egypt has officially launched its ambitious new mega-project, Urban Business Lane (UBL), a sprawling investment business complex covering over 155,000 sqm in New Cairo. As a key part of the UrbanWalk master plan, UBL represents a major step forward
Hisham Talaat Moustafa acquired 500,000 shares in TMG
Talaat Moustafa Holding Group (TMG) has announced that its CEO and Managing Director, Hisham Talaat Moustafa, purchased 500,000 of the company’s shares during trading on Sunday. The company affirms its commitment to all relevant listing and disclosure regulations. This announcement
Nile Developments launches 2nd phase of Nile Boulevard with EGP 2.5bn sales target
Nile Developments has officially launched the second phase of its flagship Nile Boulevard project in New Cairo, named Francia, with a EGP 2.5bn sales target. Mohamed Taher, Chairperson of Nile Developments, confirmed that the project has received the necessary ministerial
Bonyan expands portfolio with acquisition of Grade A office building in New Cairo
Bonyan for Development and Trade, a leading independent real estate investment company, has successfully acquired an 8,178 sqm Grade A office building at Park Street Edition in New Cairo. The deal, finalized in December 2024, strengthens Bonyan’s position in one
CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks
The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier, has successfully arranged a syndicated loan worth EGP 9bn for Madinet Masr Housing and Development Company, a key player in Egypt’s real estate sector. This loan, which spans