News / Business

Tourism Ministry: Saudi Arabia Tops 100 Mn Domestic and Inbound Tourist Mark for Second Consecutive Year in 2024

The Saudi Ministry of Tourism has released its 2024 Annual Statistical Report on the tourism sector in Saudi Arabia, highlighting key indicators of tourism activity and underlining the sector’s continued growth following significant progress recorded in 2023, Invest-Gate reports.

EGYGAB Signs Strategic Partnership with U-Hotels to Manage Masaya Resort in Sidi Abdel Rahman

Real estate developer EGYGAB has signed a strategic partnership with Absolute Hotel Services to manage and operate the Masaya resort project in Sidi Abdel Rahman, North Coast, Invest-Gate reports.

BETA Developments Hits H1 Sales Target for 2025, Set to Launch New Phase of Beta Residence

BETA Developments has announced that it has achieved its full sales target for H12025 within the initial months of the year, driven by strong demand for its latest project, Beta Residence in 6th of October City, Invest-Gate reports.

Next Developments Launches New Mixed-Use Project “52Walk Way” in West Cairo

Next Developments has announced the launch of its latest project, 52Walk Way, in West Cairo’s 6th of October City, continuing its expansion strategy following the success of its previous development, District 9, which was introduced last April in the Pyramids area with investments exceeding EGP 1 bn, Invest-Gate reports.

SEGMENTS 4 Development Launches 9INTh Hub Mall in 6th of October

SEGMENTS 4 Development has announced the launch of its first major real estate project, 9INTh Hub Mall, To mark the beginning of the strategic cooperation between Segment and SAMCO, one of Egypt’s leading first-category contracting firms, Invest-Gate reports.

TG Developments Hits 60% Construction Milestone at Palm Capital, Begins Work on Palm Island

TG Developments announced it has completed over 60% of construction at its Palm Capital project within just one year of breaking ground, Invest-Gate reports.

Egypt’s Beltone Leasing Secures USD 20 mn from German-managed funds

Beltone Leasing and Factoring, a subsidiary of Egypt’s Beltone Holding, has secured USD 20 mn in funding from two impact investment funds managed by Germany-based Finance in Motion GmbH, Invest-Gate reports.

Egypt’s Ambassador to Saudi Arabia Opens 16th Edition of Nile Property Expo in Riyadh

Egypt's ambassador in Riyadh Ehab Abu Srei, inaugurated the 16th edition of the Nile Property Expo in Riyadh, held under the patronage of Egyptian Prime Minister Mostafa Madbouly, Invest-Gate reports.

PwC Moves into USD 1 bn “One Ninety” LMD’s landmark development in New Cairo

Landmark Developments (LMD) has officially delivered Business Quarter A within its USD 1 bn mixed-use project, One Ninety, in New Cairo, Invest-Gate reports.

Hyde Park Developments Sponsors Major Padel Tournament in Egypt

Hyde Park Developments announced its sponsorship of the Smash Padel Tour, one of Egypt’s largest padel tournaments, bringing together national team athletes and emerging young talent, Invest-Gate reports.

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