News / Egypt

Knight Frank: Global Private Capital to Inject USD 1.4 bn into Egypt’s Residential Market, Cementing Its Position as MENA’s Third-Largest Construction Hub

Egypt is rapidly emerging as one of the most dynamic real estate markets in the Middle East and North Africa (MENA), according to Knight Frank’s Destination Egypt 2025 report. The global real estate consultancy revealed that private capital worth USD 1.4 bn is expected to flow into Egypt’s residential sector, solidifying the country’s position as the third-largest construction market in the region, after Saudi Arabia and the UAE, Invest-Gate reports.

IWG Expands Coastal Workspaces in Egypt as Demand for Seaside Offices Surges

International Workplace Group (IWG), the world’s largest flexible workspace provider, is rapidly expanding its network in Egypt to meet soaring demand for coastal offices, as employees increasingly choose to live and work in seaside cities, Invest-Gate reports.

Redcon Properties Signs Agreement with Savills Egypt to Manage and Operate Golden Gate Project in New Cairo

Redcon Properties, the real estate arm of REDCON, has signed an agreement with Savills Egypt to manage and operate the Golden Gate mixed-use project in New Cairo, Invest-Gate reports.

Empire State Developments targets leading global brands for Evet Mall at New Capital

Empire State Developments is seeking to bring top international brands to its flagship project, Evet Mall, in Egypt’s New Capital, amid rising demand from both investors and consumers, Invest-Gate reports.

People & Places Breaks Ground on “Hills of One” in Sphinx City with Arabtec and El Amar

People & Places (P&P) has officially commenced construction on the first phase of its flagship project, Hills of One, in Sphinx City, following the signing of a construction contract with leading contractors Arabtec and El Amar, Invest-Gate reports.

ONE Development Announces Expansion into Egyptian Market with Flagship DO New Cairo Project

ONE Development, the UAE-based real estate developer renowned for its tech-integrated and community-centric projects, has officially announced its expansion into Egypt with the launch of its flagship hospitality and mixed-use concept DO New Cairo, Invest-Gate reports.

FORSA Partners with Coldwell Banker Egypt to Provide Flexible Home Finishing Financing Solutions

Drive Finance, a subsidiary of GB Capital and the financial arm of GB Auto Group, has announced a strategic partnership between its FORSA app and Coldwell Banker Egypt, one of the leading global real estate brands. The partnership aims to offer innovative and flexible financing solutions for home finishing and refurbishment, making it easier for clients to customize their homes without financial constraints, Invest-Gate reports.

Karnak Developments Obtains Ministerial Decree for “Belva” Project in Sheikh Zayed

Eng. Mohamed El-Basha, Chairman of Karnak Real Estate Developments, has announced that the company has officially obtained ministerial decree No. 998 for its flagship “Belva” compound in Sheikh Zayed City, Invest-Gate reports.

Prime Minister Holds Expanded Meeting with New Urban City Authority Heads

Prime Minister Dr. Mostafa Madbouly held an expanded meeting with the heads of Egypt’s new urban city authorities at the government headquarters in the New Capital, in the presence of Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, Invest-Gate reports.

Accor Solidifies Leadership in Egypt with Strategic Expansion, Powering Egypt Vision 2030

Accor, a world-leading hospitality group, is reinforcing its presence in Egypt with a pipeline of 22 new hotels comprising more than 7,000 keys, directly contributing to the tourism and urban development goals of Egypt Vision 2030, Invest-Gate reports.

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