News / Business

Schneider Electric’s Cairo Headquarters Achieves SmartScore Platinum Certification, Pioneering Sustainable Smart Building Standards

Schneider Electric is proud to announce that its headquarters in Cairo, Egypt, has become the first facility in its global operations to achieve the prestigious SmartScore Platinum certification. This milestone highlights the building as a leading example of a smart and sustainable structure, reinforcing Schneider Electric's dedication to advancing innovative technologies in energy management and automation, Invest-Gate reports.

Hilton Plans to Open 25 New Hotels in Egypt

Hilton aims to triple its presence in Egypt, with plans to open 25 hotels across the country in the next few years, including the signing of more than 10 new properties under the global hospitality company’s award-winning brands, Invest-Gate reports.

Belton Leasing and Factoring Strengthens Its Regional Role by Joining FCI

Belton Leasing and Factoring, a subsidiary of Belton Holding, has officially announced its membership in FCI, a leading global entity representing factoring services and financing for international trade stemming from accounts receivable related to open account transactions, Invest-Gate reports.

Dubai Breaks Records with the World’s Largest Airport

Dubai has once again rewritten the rulebook with the unveiling of the world’s largest airport, a groundbreaking development that cements the city’s status as a global leader in innovation and luxury, Invest-Gate reports.

Saudi Arabia Requires 115,000 New Homes Annually to Achieve 2030 Homeownership Goal

Knight Frank stated in a recent report that Saudi Arabia may need to construct 115,000 homes annually over the next six years to meet the growing demand from young people and achieve the goals of Saudi Vision 2030, which aims to raise home ownership to 70%, Invest-Gate reports.

Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Recent data reveals that the prices of mid-range properties in Dubai have increased by between 12% and 40% from the beginning of 2024 through the end of the third quarter, compared to the same period in 2023. This significant increase reflects the high demand for this segment of the real estate products in Dubai, Invest-Gate reports.

Saudi Arabia Set to Host Largest-Ever Electronic Real Estate Auction

Saudi Arabia is set to host its largest-ever electronic real estate auction, featuring 103 properties across six different areas, Invest-Gate reports.

Beltone Capital and CRIF Partner to Offer Rating Solutions in Egypt

Beltone Capital partners with CRIF S.p.a. to introduce comprehensive rating services in Egypt, with regional expansion potential. Invest-Gate reports.

Fawry’s “Alnota” Overdraft Surpasses EGP 2bn in Transactions

Fawry announced its subsidiary, Fawry MSME, has reached a milestone with its BNPL solution, “Alnota” Overdraft, Invest-Gate reports.

Happy Home Developments Launches “Flow Heights” in Obour City

Happy Home Developments launches Flow Heights, a 22-acre residential project in Obour City’s Third District, featuring modern designs and integrated services. Invest-Gate reports.

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