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.
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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.