News / Business

International Padel Tennis Tournament Concludes in “Mostakbal City,” Sponsored by MIDAR, with 102 Players from 10 Countries

Mostakbal City in East Cairo hosted the International Padel Tennis Tournament from April 24 to 27. The event was organized by SR Padel under the umbrella of the International Padel Federation (IPF) and was sponsored by MIDAR for Investment and Urban Development - the Master Developer of “Mostakbal City” and “MADA” in East Cairo, Invest-Gate reports.

Valero Developments to Begin Unit Allocation for CITALIA’s First Phase on 24 May

Valero Developments announced it will begin the unit allocation process for clients of the first phase of its integrated residential project, CITALIA, starting Saturday, 24 May, Invest-Gate reports.

Paragon Developments Eyes Omani Market as Part of Regional Expansion Strategy

Paragon Developments is exploring new investment opportunities in Oman as part of its broader regional expansion plan, Invest-Gate reports.

TMG, Oman Ministry of Housing Signs OMR 1.5 bn Real Estate, Tourism Deal

TMG and the Omani Ministry of Housing and Urban Planning today, Monday, May 19, 2025, signed an agreement to develop two projects – a real estate and a tourism-related venture – west of Muscat, the Omani capital, Invest-Gate reports.

Palm Hills Launches Its First International Squash Open in May

Palm Hills Developments has announced the launch of the inaugural Palm Hills Squash Open, taking place from May 22 to 27 at Palm Hills Club in 6th of October City, Invest-Gate reports.

LMD Fast-Tracks W Cairo Project with Over $220 mn Investment

LMD (Landmark Developments), one of the premier real estate developers specializing in creating transformative residential and commercial experiences, is proud to announce that it is fast-tracking construction on W Cairo, which will mark the debut of W Hotels in Egypt, Invest-Gate reports.

Mass Developments launches Yardin New Cairo on 13 feddans in the Heart of New Cairo.

Mass Developments has unveiled its newest residential project, Yardin New Cairo, strategically located in the heart of New Cairo, Invest-Gate reports.

Nudra Developments Appoints ADC Engineering to Design Pace Mall

Nudra Developments has announced a strategic partnership with ADC Engineering to handle the architectural design of its flagship project, Pace Mall, located in the heart of Sheikh Zayed City, Invest-Gate reports.

GEDICO Developments Unveils NEBU Project in New Capital, Plans EGP 5 bn Expansion

GEDICO Developments, part of El Zalat Group, launched its flagship administrative project NEBU in the New Capital earlier this year, with initial investments exceeding EGP 3 bn, Invest-Gate reports.

Fawry Posts Strong 1Q2025 Results with Net Profit Up 97%

Fawry, Egypt’s leading fintech company, reported strong results for the Q1 of 2025, booking revenues of EGP 1.79 bn—up 65.1% year-on-year, Invest-Gate reports.

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