News / Business

Wayz, a Subsidiary of Midar, Becomes the First Egyptian Company Certified in Road Traffic Safety Management with ISO

Wayz Transportation, a subsidiary of Midar, has obtained the ISO 39001 certification for Road Traffic Safety (RTS) Management Systems from Bureau Veritas Certification Holding SAS, one of the world’s leading certification and inspection bodies. This makes Wayz the first Egyptian company in the transportation sector to receive this international accreditation, Invest-Gate reports.

With Expected Sales Reaching EGP 4 billion, ÈLM Announces a Strategic Collaboration with Savills Egypt to Manage and Operate its Flagship Commercial Hub at the ÈLM Tree Project in 6th of October

ÈLM Real Estate Development announced the launch of a pivotal phase in the development of its flagship commercial hub within the “ÈLM Tree” project in 6th of October City. This comes following the signing of a management and operation agreement with Savills Egypt, a leading real estate consultancy firm, to oversee the entire project, including administrative and operational consultancy as well as asset leasing. The agreement aims to deliver a premium administrative and commercial destination with world-class specifications, with expected total sales exceeding EGP 4 billion, Invest-Gate reports.

Majid Al Futtaim Delivers Food, Clothing, and Support to Families Across Egypt During Ramadan

Majid Al Futtaim, the leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, marked the holy month of Ramadan with a series of initiatives to support local communities in Egypt. This year, the company launched three initiatives across its malls in collaboration with its teams, brands, and trusted charitable partners, reinforcing its commitment to social responsibility and community support, Invest- Gate reports. 

Majid Al Futtaim Reports Record FY 2025 Results with 41% Net Profit Growth and Strongest Balance Sheet in over a Decade

Majid Al Futtaim (“the Group”), a leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, today announced its full-year 2025 financial results, delivering double-digit EBITDA and net profit growth, strong cash generation, and a record strength in its balance sheet, as the Group marks 30 years of operations building destinations where communities live, connect and thrive. Invest-Gate reports. 

Vodafone Egypt and Taptap Send Sign Strategic Partnership to Enable Direct International Remittances from More Than 30 Countries to Vodafone Cash Wallets

Vodafone Egypt has announced a strategic partnership with TapTap Send, one of the world’s leading international remittance platforms, enabling instant and secure money transfers from more than 30 countries directly to Vodafone Cash wallets in Egypt, Invest-Gate reports.

MIPIM 2026 Brings Global Real Estate Leaders to Cannes

The global real estate exhibition MIPIM 2026 officially opened on March 9, 2026, at the Palais des Festivals et des Congrès in Cannes, widely recognized as the world’s most prominent annual event for real estate investment and urban development, Invest-Gate reports.

Basata Announces the Availability of Cash Deposit and Withdrawal Services for All E-Wallets Across 120,000 POS Locations

Basata, a leading electronic payment services provider in Egypt, announced the launch of a new service allowing users to perform cash in and cash out transactions for all e-wallets through its extensive POS network. Previously, this service was limited to Vodafone Cash users only, Invest-Gate reports.

Fawry Posts Record FY2025 Results with 57% Revenue Growth

Egypt’s largest digital only financial services platform, announced its consolidated results for the quarter ended 31 December 2025, Invest-Gate reports.

Swedish Group Strengthens Integrated Interior Leadership

After more than 20 years in the market, Swedish Group has successfully established itself as one of Egypt’s leading entities specialized in architectural solutions and integrated finishing works. The company has delivered over 30,000 diverse projects across business, administrative buildings, education, healthcare, hospitality, public facilities, and government sectors, Invest-Gate reports.

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