News / Business

Rowad Modern Engineering and STA Launch Strategic Partnership to Empower Youth and Bridge Skills Gap in Construction Sector

In a major step toward empowering youth and bridging the skills gap in Egypt’s construction sector, Rowad Modern Engineering (RME) has signed a cooperation protocol with El Sewedy Technical Academy (STA)—a subsidiary of Elsewedy Electric Foundation—to launch a non-profit strategic partnership for technical education based on the “learning by practice” model, Invest-Gate reports.

Five-Bank Alliance Grants EGP 7bn Joint Loan to Sky Innovo for Park St. Edition Project in New Cairo’s Golden Square

A banking alliance of five major banks has signed a long-term joint financing agreement worth EGP 7bn with Sky Innovo Developments to fund part of the investment cost of the “Park St. Edition” project in New Cairo’s Golden Square, with a total investment value of EGP 16.05bn. The facility extends up to seven years and nine months, Invest-Gate reports.

Savills Egypt Launches Cairo Property Report 2025, Spotlighting a Market in Transformation with Strong Outlook Across Core Real Estate Sectors

Savills Egypt has launched its Cairo Property Report 2025, highlighting a real estate market in transformation with a positive outlook across all major asset classes. The report underscores shifting consumer demand, new financing tools, and structural changes reshaping Egypt’s property landscape, Invest-Gate reports.

El Gouna Marks 35 Years with the Red Sea’s First Ever 35-Michelin-Star Culinary Showcase

El Gouna, the fully integrated sustainable town by Orascom Development, celebrates its 35th anniversary with the Red Sea’s first-ever culinary event featuring a combined 35 Michelin stars — a milestone that reinforces the town’s reputation as a destination for global dining excellence, Invest-Gate reports.

Midar Partners with SODIC to Develop Egypt’s First Fully Integrated Sustainable Urban Community in Mada City, New Cairo, with EGP 110bn Investments

Midar for Investment and Urban Development, the master developer of “Mostakbal City” and “Mada” in New Cairo, has signed a partnership agreement with Sixth of October Development and Investment Company (SODIC) to develop a fully integrated urban project in “Mada” City, with total investments amounting to EGP 110bn, Invest-Gate reports.

Enwan Developments Signs Agreement with Blue Ridge to Manage and Operate Horizon Hospital in the Medical City at the New Capital

In a strategic move to expand its investments in the healthcare sector, Enwan Developments has signed a partnership agreement with Canadian Operator "Blue Ridge", a leading international company specializing in hospital and medical center management, to operate and manage Horizon Hospital within the Medical City at Egypt’s New Capital, Invest-Gate reports.

Al Ahly Sabbour Launches “The Iconic Tower,” Sultan Haitham City’s First and Tallest Tower Featuring a Luxury Hotel and Branded Residences Under Villa Coconut

Al Ahly Sabbour for Real Estate Development has officially launched The Iconic Tower, the first and tallest tower in Sultan Haitham City, Oman. Overlooking the city’s central park and main valley, the landmark tower introduces a new benchmark for mixed-use development, featuring a luxury hotel and branded residences under the Villa Coconut brand, in collaboration with TLT Concepts. The project marks a major milestone in Al Ahly Sabbour’s regional expansion, reflecting its strategy to export over three decades of Egyptian expertise to high-growth markets, Invest-Gate reports.

Strong Business Reception for Strategic Partnership Between “Sunrise Resorts & Cruises” and Global Hospitality Giant “Minor International”

Egypt’s business community has welcomed the signing of a strategic partnership between Sunrise Resorts & Cruises and global hospitality leader Minor International, witnessed by Prime Minister Mostafa Dr. Madbouly and Minister of Tourism and Antiquities Mr. Sherif Fathy at the Cabinet headquarters, 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.

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