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FINANCIAL NEWS
Egyptian top developer to obtain 500 acres for projects
21 Sep 2015
(MENAFN) Misr Italia, the real-estate developer is discussing with the Egyptian government over attaining 500 acres of land in 6th of October City.
This land is planned to be used for the creation of a residential project for medium-income and high-income citizens, according to the company officials.
The company is constructing the first administrative compound in New Cairo. It consists of 42 administrative buildings covering 90,000 sqm.
As far as what is planned for the future, the firm will launch 2,000 tourist units in Mousa Coast and 500 tourist units in the Ain Sokha project by 2016.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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