News / Developers

Orascom Development Well-Positioned to Benefit from Tourism Growth and Rising Red Sea Investments

HC Brokerage expects strong revenue and earnings growth for Orascom Development Egypt, supported by tourism momentum and Red Sea investments despite residential headwinds.

IL Cazar Developments Launches VÉA Residential Project in Sixth Settlement with Investments of EGP 20 Billion

Alcazar Development launches VÉA in Sixth Settlement, New Cairo, with EGP 20 billion investment, 400 villas, early delivery in 2028, spacious green areas, and integrated lifestyle amenities.

SODIC’s Net Profit and Revenues Surge in 2025, Recording an EGP 4.49bn in Net Profit, up a Sharp 77% YoY and EGP 21.26bn in Revenues, up an Exceptional 118% YoY

The remarkable success of the newly launched 'Eastvale' in 2025, was met with exceptional demand growing SODIC’s presence in East Cairo.
, Sixth of October Development & Investment Company “SODIC” has released its consolidated financial results for the full year ended 31st of December 2025, Invest-Gate reports.

Tamami Group Launches Aseel Developments and Debuts Downtown Project in New Mansoura

Tamami Group for General Contracting has launched Aseel Developments, its real estate arm, and unveiled its inaugural project, Downtown, in New Mansoura city, as part of a strategic expansion aligned with the state’s vision for sustainable development and fourth-generation cities.

The announcement was made during a major ceremony held at the Steigenberger El Lessan Hotel, attended by members of the House of Representatives and the Senate, as well as the project’s partners and key stakeholders, Invest-Gate reports.

Madinet Masr Obtains License for SAFE Real Estate Investment Fund

Madinet Masr secures FRA license for the SAFE Real Estate Investment Fund, enhancing regulated real estate investment opportunities in Egypt.

New Jersey Developments Announces New Progress in Green Avenue Project in the New Capital

New Jersey Developments solidifies its commitment towards its clients with new constructions at Green Avenue project in New Capital

New Jersey Developments company, announced new progress in the construction and implementation works in Green Avenue project in the New Capital, which reflects the company's commitment to a strategy based on regular construction and delivery according to the scheduled timetables, which proves its commitment to fulfil its obligations to clients, Invest-Gate reports.

Project Gate Developments Signs Agreement with MRB to Manage and Operate “AXENT Mall”

Project Gate Developments signs MRB to manage AXENT Mall in New Cairo, ensuring operational excellence and long-term investment value.

IDG Holds Community Consultation for e2 New October Industrial Complex

Industrial Development Group (IDG) held a community consultation session for the e2 New October Industrial Complex, highlighting sustainability, transparency, and EGP 4.8 billion in investments.

Record-Breaking Progress: MAG Finalizes LÁ REVÁ Site Testing and Advances Regulatory Approvals within 90 Days

In a record-breaking timeframe of less than three months, Mithaq Arab Group (MAG) has announced the completion of soil testing and geotechnical investigations for its flagship project, LÁ REVÁ, located in Egypt’s New Capital (NAC). Following the official land handover, the group has already commenced site leveling and grading works, while simultaneously finalizing the first phase of procedures to obtain the Ministerial Decree, Invest-Gate reports.

Ovalo Developments Launches OVALO Mall in El Shorouk with EGP 1B Investment

Ovalo Developments launches its first project, OVALO Mall in El Shorouk, a commercial, administrative, and medical hub with EGP 1B investment and EGP 3B targeted sales.

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