News / Business

Banque Misr Grants EGP 2.6 Bn Credit Facility to Hyde Park Developments for Seashore Project in the North Coast

Banque Misr recently signed a credit facility contract with Hyde Park Developments for a medium-term loan of EGP 2.6 bn to finance part of the investment cost of the Seashore project in the North Coast, Invest-Gate reports.

Fawry Expands Its Ecosystem for “Fawry Business” Suite with Strategic Investments in Egyptian Tech Companies

Fawry, Egypt’s leading fintech company, has announced strategic investments worth EGP 80 mn in three prominent Egyptian technology companies: Dirac Systems, Virtual CFO, and Code Zone, acquiring equity stakes of 51.0%, 56.6%, and 51.0%, respectively, Invest-Gate reports.

Visa and MDP Join Forces to Empower Fintech Growth across Egypt

MDP, a leading payment enabler, and Visa, a global leader in digital payments, unveiled a groundbreaking partnership designed to empower fintechs and NBFIs throughout Egypt to seamlessly deploy their financial services and drive significant growth and innovation within the market, Invest-Gate reports.

Dubai to Surpass 30 Global Cities in Luxury Residential Property Value Growth

According to the latest research from Savills, Dubai’s prime residential market is expected to continue its upward trajectory in 2025, with capital values forecast to grow by up to 9.9%, following a strong performance in 2024, Invest-Gate reports.

Somabay Partners with Marriott International to Introduce Autograph Collection Hotels to the Destination

Somabay has announced the signing of an agreement with Marriott International to bring the renowned Autograph Collection Hotels brand to Somabay, Egypt, Invest-Gate reports.

Hassan Allam Holding Launches Jinet Agriculture, Expands Agricultural Land Portfolio

Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary aimed at boosting agricultural productivity and sustainability in the region, Invest-Gate reports.

Saudi Arabia Commences Real Estate Registration for 17 neighborhoods in Riyadh, Diriyah

The Saudi Real Estate General Authority (REGA) announced the end of the deadline for the first physical registration of real estate in 4 neighborhoods in Riyadh and 13 neighborhoods in Diriyah Governorate, Invest-Gate reports.

ACUD Partners with Live Nation Middle East, TicketsMarche to Bring Global Talent to NAC

The Administrative Capital for Urban Development (ACUD) has signed an unprecedented partnership agreement with global entertainment powerhouse Live Nation Middle East and Egypt’s premier ticketing platform, TicketsMarche, Invest-Gate reports.

Saudi Arabia Allows Foreigners to Invest in Real Estate Listed Companies Operating in Makkah, Madinah

The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in listed Saudi companies that own real estate in the cities of Makkah and Madinah, effective from Monday, January 27, Invest-Gate reports.

Dubai Plans Construction of Numerous High-Rise Towers in 2025

Dubai plans to launch several projects, including the construction of high-rise towers and new residential communities, capitalizing on the high demand for real estate in the emirate, Invest-Gate reports.

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