• MENA 1.78 -9.64%
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Backed with USD 1.1mn from A15, Beltone and angel investors, Byit Accelerates Its Mission to Disrupt PropTech in the Gulf

Byit Capital, a high-growth propTech platform based in the UAE, has secured USD 1.1mn in strategic funding from A15, Beltone Holding, and angel investors. This investment marks a significant step in the company’s mission to revolutionize the real estate brokerage market across the GCC, Invest-Gate reports.

Al Khalifa Developments Acquires Major Share of “Remas Golf Park” in Ras Sudr, Launching a New Phase of Redevelopment

Al Khalifa Developments has acquired a significant portion of the “Golf Park” project in Ras Sudr, spanning 75 feddans, marking a new expansion for the company in coastal destinations. The developer is preparing to redesign the project and introduce a renewed urban vision aligned with the area's growing potential, ahead of relaunching it early next year, Invest-Gate reports.

Madinet Masr Inks Strategic MoU with Qwell to Introduce Integrated Smart Living Models for Senior Citizens

Madinet Masr has signed a Memorandum of Understanding (MoU) with Qwell, a network specializing in senior lifestyle solutions, to introduce integrated smart living models tailored for seniors. This collaboration underscores Madinet Masr’s commitment to transforming urban development into a distinctive living experience that fosters sustainability and positive social impact, Invest-Gate reports.

Perfect Developments Launches NINETY 90 as a Fully Integrated Commercial Destination in the Heart of New Obour

Perfect Developments, one of Egypt’s leading developers, has officially launched its new project, NINETY 90, in New Obour City, offering a fully integrated commercial destination with retail, medical, and administrative units designed to modern standards, Invest-Gate reports.

Maqam for Urban Development Accelerates Construction Rates at Optima Business Complex in New Capital

Maqam for Urban Development has announced significant progress in the construction of its Optima Business Complex in New Capital, supported by a clear action plan and strong financial fundamentals ensuring top-tier execution quality, Invest-Gate reports.

Madinet Masr Inks MoU with Group Construction to Accelerate Development in Sarai with Total Investments of EGP 1.2bn

Madinet Masr, one of Egypt’s leading urban community developers, has signed a Memorandum of Understanding with Group Construction to execute new construction works in Sarai, the company’s flagship mixed-use project in East Cairo. The agreement supports Madinet Masr’s strategy to accelerate project timelines while maintaining high standards of quality and engineering excellence, Invest-Gate reports.

Mamsha Ahl Misr Continues Its Success as Councel Masters Responds to Misinformation

Councel Masters—the operator responsible for managing a section of Mamsha Ahl Misr—affirmed that the misinformation recently circulated about the project is baseless. The company stressed that the walkway continues to achieve documented success, reinforcing its position as one of the most prominent national projects developed during the President’s era, Invest-Gate reports.

Coldwell Banker Egypt Announces Partnership with Sakr Investment Management to Promote and Operate “Farida,” Egypt’s First Fractional Real Estate ...

Coldwell Banker Egypt announced a strategic partnership with Sakr Investment Management to promote and operate “Farida,” the country’s first fully integrated digital platform for fractional real estate ownership. The collaboration aims to introduce and scale a new investment category in Egypt by enabling professionally structured share-based property ownership, supported by Sakr’s licensed Real Estate Investment Fund and electronic subscription authorization issued by the Financial Regulatory Authority (FRA) under license number 989, Invest-Gate reports.

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