News / Business

Mazaya Construction Targets EGP 500 mn in Contracts Under 2025 Expansion Plan

Mazaya Construction, the contracting arm of Mazaya Developments, has announced its strategic expansion plan for 2025, aiming to secure contracts worth EGP 500 million by year-end, Invest-Gate reports.

STM Investment, La Vista Developments Sign MoU to Boost Real Estate Collaboration

In a move set to reshape Egypt’s real estate landscape, STM Investment, a leading property development and investment firm, has signed a strategic memorandum of understanding with La Vista Developments, one of the country’s most prominent real estate developers, Invest-Gate reports.

IMKAN Misr Increases Investments to EGP 2.56 bn to Drive Expansion, Innovation in the Egyptian Market

IMKAN Misr announced the completion of its capital increase in the Egyptian market from EGP 881 mn to EGP 2.56 bn, following the approval of the company’s extraordinary general assembly in December last year, Invest-Gate reports.

Schneider Electric Announces Galaxy VXL UPS – the Industry’s Most Compact, High Density Power Protection System for AI, Data Center, and Large-Scale Electrical Workloads

Schneider Electric, the leader in digital transformation of energy management and automation, has today announced the launch of its new Galaxy VXL – a highly efficient, compact, modular, scalable, and redundant 500-1250 kW (400V) 3- phase uninterruptible power supply (UPS), complete with enhanced cybersecurity, software, and safety features, Invest-Gate reports.

IL Cazar Announces Second Launch in 2025: ‘WestDays’ Project October City with EGP 20 bn Investment

IL Cazar has announced the launch of its latest real estate projects, WestDays, a fully integrated residential and commercial complex strategically located in October City, close to the shooting Club and all key services and vibrant areas, Invest-Gate reports.

Mabany Edris launches Ons New Zayed with EGP 13.5 bn investment across 84 feddans

Mabany Edris, a pioneering real-estate developer with a community-centric vision, unveiled its latest projects in Egypt’s real estate market, “Ons New Zayed”, with an investment of EGP 13.5 bn, Invest-Gate reports.

IWG Expands Rapidly in Egypt and Globally with 899 New Centers in 2024

International Workplace Group (IWG), the world’s largest and fastest-growing provider of flexible workspaces, announced it signed 899 agreements for new centers globally and opened 624 centers in 2024, Invest-Gate reports.

SODIC Reports 143% Surge in Net Profit, 50% Revenue Growth in Q1 2025

SODIC recorded strong financial and operational results in the first quarter of 2025, with net profit soaring by 143% and revenues rising by 50% compared to the same period last year, Invest-Gate reports.

ASPECT Launches in the Egyptian Market with EGP 15 bn Investment

ASPECT announces its official launch in Egypt’s real estate market, Invest-Gate reports.

URBNZ Developments Hits 40% Completion at AXIS Project, Launches New Sales Phase with Flexible Payment Plans

URBNZ Developments announced that construction work at its AXIS THREE BUSINESS MALL project in the northern expansion area of 6th of October City has reached 40% completion, Invest-Gate reports. 

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