North Coast

Egyptian real estate developer M squared has awarded a EGP 1bn construction contract to REDCON Construction for 59 residential buildings at its Masyaf Ras El Hekma project on the North Coast. The 18-month contract covers delivery of 376 residential units. This marks the first collaboration between the two firms.

December 19, 2025 Iniulat ng AI

Brazilian tourist cities like Ilhabela grapple with balancing tourism and environmental preservation, with proposals to charge visitors an environmental fee. Ilhabela's mayor supports it as fair, while a USP researcher criticizes it as a social barrier. The debate, published in Folha de S.Paulo, highlights high season impacts on São Paulo's north coast.