News / Business

Minor Hotels Signs Anantara Somabay Resort & Residences on Egypt’s Red Sea

Minor Hotels, a global hospitality leader with more than 640 properties in operation and committed development across 63 countries including Asia Pacific, the Middle East, Africa, Europe and the Americas, has announced the signing of Anantara Somabay Resort & Residences, marking a significant milestone in the group’s strategic expansion in Egypt, Invest-Gate reports.

Monterra Developments Launches Monterra Bay in Egyptian-Russian Partnership with EGP 25bn Investments

Monterra Developments has officially announced its launch in Egypt’s real estate market through a pioneering Egyptian-Russian partnership, the first of its kind in the sector.
The company also revealed its first project, Monterra Bay, located in North Coast, with total investments of EGP 25bn, marking a strong market entry backed by extensive engineering and execution expertise, Invest-Gate reports.

Mardev Developments Appointes Azur to Manage “Urban Zen” Branded Residences in Menorca New Zayed at EGP 1bn Investment

In a strategic move reinforcing its leadership in the Egyptian real estate market, Mardev Developments has officially signed a major management and operations agreement with Azur Hotels & Resorts, Invest-Gate reports.

DCUD Signs Strategic Partnership with Emirates Global to Develop Mixed-Use Projects with Emirati Investments USD 500 Million

DCUD- Delta Capital for Urban Development, the leading real estate developer in the Delta region, signed a major strategic partnership agreement with Emirates Global (EGRI), a subsidiary of NCE Group, to launch a series of integrated mixed-use projects with estimated investments reaching USD 500 million. The move enhances the attractiveness of Egyptian real estate investment and reflects the deep economic ties between Egypt and the UAE, Invest-Gate reports.

seven Strengthens its Position in the Egyptian Market as a Comprehensive Financing Platform Offering All Services in One App

seven, a leading consumer finance company in Egypt, announced the launch of its new advertising campaign, reflecting the evolution of its digital platform into a comprehensive financing platform that enables customers to access various financial needs, from daily purchases to major financial decisions, through one integrated application, Invest-Gate reports.

Imkan Misr Signs Partnership Agreement with Mulliri to Open a Branch Inside Business Park, the Newest Commercial Center in New Heliopolis

Imkan Misr announced the signing of a new strategic partnership within its integrated project "The Broge" Business Park, as part of its vision to develop integrated urban destinations that enhance daily living experiences by combining residential, service, and entertainment aspects within one community, reflecting a modern lifestyle concept based on integration and sustainability, Invest-Gate reports.

Bravo and Ebdaa to Kick off in the Egyptian Market with Ouda Developments.. a Plan to Invest EGP 50 Billions

Bravo Facility Management company, announced its strategic and robust entry into the Egyptian real estate market through its alliance with Ebdaa real estate development company, so that this alliance has established a new entity named "Ouda Developments", based on a successful and pioneering track record in Saudi Arabia, Invest-Gate reports.

Jotun Egypt Hosts Norwegian Ambassador at State-of-the-Art Factory, Reaffirming Commitment to Serving the Growing Egyptian Market

Jotun Egypt recently welcomed His Excellency Erik B. Husem, the Norwegian Ambassador to Egypt, for his first official visit to the company's newest and most technologically advanced factory. The visit underscores Jotun’s sustained commitment to Egypt’s economy and its strategic ambition to support the country's ongoing growth and immense market potential, Invest- Gate reports. 

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.

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