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FINANCIAL NEWS
Egypt’s Wadi Degla starts construction with USD 1.57mn investments
23 May 2016
(MENAFN) Wadi Degla Company started building works on Neopolis project on 545 acres in Future City in New Cairo, with investments of USD 1.46mn to USD 1.57mn.
Accordingly, the firm began carrying out the project after delivering a ministerial decree in order to ensure building the units.
Moreover, the Neopolis project is one of the firm’s main projects, on which it will place a wager in the next phase, while the firm targets to achieve sales of USD 3.71bn.
The company will focus in the next phase on the construction of housing units for middle-income and upper middle-income classes to cover the demand in the Egyptian market.
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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