Invest-Gate sheds light on the top challenges facing developing an official real estate platform affiliated with the Ministry of Housing, that includes all major underway projects in Egypt, whether executed by the state or the private sector.
The Cairo Design District is the first innovation and design district in Egypt, as it is designed to act as a global creative neighborhood, much as international renowned Design Districts that have a focus on global design, like Dubai, London, Miami, and Milan.
Invest-Gate has an interview with Cornerstone Development highlighting the company’s ongoing investments and its strategies to deal with the latest devaluation of the Egyptian pound and raising prices of construction material, in addition to the company’s future investments.
The real estate sector is one of the key contributors to global warming, as the sector accounts for 40% of the world’s carbon dioxide emissions, according to Forbes.
Yasser Al Beltagy Architects participated in the annual real estate exhibition Cityscape where 200 real estate developers were present at the event.
In September 2022, the Central Bank of Egypt (CBE) raised the maximum limit for companies to borrow from government banks by 100% to EGP 500 mn without referring to it.
The 11th edition of Cityscape Egypt 2022 saw a great turnout of participants looking for real estate investment opportunities, besides achieving unprecedented sales compared to previous editions of the exhibition.
As Cityscape Egypt 2022 comes with great opportunities, Invest-Gate sits with IGI Developments’ Managing Director Sherif Moustafa a profound key market player in Egypt’s real estate industry, shedding the light on IGI Developments’ latest projects and what it will unveil in 2022’s Cityscape edition.
With over 40 projects worldwide, one of which is soon opening in Egypt’s new area Il Monte Galala, Kerten Hospitality is ongoing with its global footprint expansion. In an exclusive interview with Invest Gate, the Group’s COO Wafik Youssef focuses on the real estate opportunities in Egypt, highlighting the potential for growth in the country, and hinting to the group’s interest to expand further.
In an exclusive interview with Invest Gate, CEO of Kerten Hospitality Marloes Knippenberg highlights the need for a shift towards ESG investments, operations and Ecosystems. She shares insights about the rollout of the Group's ESG-focused ethos across all properties, pipeline of developments as well as operations - a strategy that centers around Locality, support for the communities around projects and an embrace of a more sustainable operations mode
