News / Business

ALPHA MATAR Signs Cooperation Protocol with SUNRISE Hotels to Supply and Install Elevators Across Its Projects

ALPHA MATAR, a leading company in the manufacturing, supply, and installation of elevators and escalators, has signed a new cooperation protocol with Sunrise Hotels Group to supply and install a range of modern elevators across several of the Group’s hotel brands. The agreement marks a key step in Sunrise’s strategic plan to develop new hospitality properties in line with the highest international standards, Invest-Gate reports.

Uptown 6 October and Russian Company Bronya Launch ‘Bronya Egypt’ with Exclusive Distribution Agreement Signed in the Presence of Egyptian and Russian Officials

Uptown 6 October has announced the signing of a Memorandum of Understanding (MoU) with Russian company Bronya to launch Bronya Egypt, a new entity that will exclusively distribute advanced thermal insulation products across Egypt and Africa through its subsidiary, TiVC Trade. The partnership reflects the company’s strategy to diversify its investments and expand its industrial footprint in line with regional sustainable development goals, Invest-Gate reports.

Uptown 6 October and the General Syndicate of Bank Employees Sign a Strategic Cooperation Agreement to Launch a Homeownership Program

Uptown 6 October for Urban Development, a subsidiary of Uptown 6 October Real Estate Development, has signed a strategic partnership agreement with the General Syndicate of Bank Employees to launch an exclusive homeownership program tailored for professionals in Egypt’s banking sector, Invest-Gate reports.

Twelve Developers Elected Unopposed to Lead Egypt’s Real Estate Development Chamber for 2025–2029 Term

The elections of the Real Estate Development Chamber at the Federation of Egyptian Industries concluded on Tuesday, October 21, 2025, with twelve candidates winning uncontested seats on the Chamber’s Board of Directors for the 2025–2029 term, Invest-Gate reports.

Rowad Modern Engineering and STA Launch Strategic Partnership to Empower Youth and Bridge Skills Gap in Construction Sector

In a major step toward empowering youth and bridging the skills gap in Egypt’s construction sector, Rowad Modern Engineering (RME) has signed a cooperation protocol with El Sewedy Technical Academy (STA)—a subsidiary of Elsewedy Electric Foundation—to launch a non-profit strategic partnership for technical education based on the “learning by practice” model, Invest-Gate reports.

Five-Bank Alliance Grants EGP 7bn Joint Loan to Sky Innovo for Park St. Edition Project in New Cairo’s Golden Square

A banking alliance of five major banks has signed a long-term joint financing agreement worth EGP 7bn with Sky Innovo Developments to fund part of the investment cost of the “Park St. Edition” project in New Cairo’s Golden Square, with a total investment value of EGP 16.05bn. The facility extends up to seven years and nine months, Invest-Gate reports.

Savills Egypt Launches Cairo Property Report 2025, Spotlighting a Market in Transformation with Strong Outlook Across Core Real Estate Sectors

Savills Egypt has launched its Cairo Property Report 2025, highlighting a real estate market in transformation with a positive outlook across all major asset classes. The report underscores shifting consumer demand, new financing tools, and structural changes reshaping Egypt’s property landscape, Invest-Gate reports.

El Gouna Marks 35 Years with the Red Sea’s First Ever 35-Michelin-Star Culinary Showcase

El Gouna, the fully integrated sustainable town by Orascom Development, celebrates its 35th anniversary with the Red Sea’s first-ever culinary event featuring a combined 35 Michelin stars — a milestone that reinforces the town’s reputation as a destination for global dining excellence, Invest-Gate reports.

Midar Partners with SODIC to Develop Egypt’s First Fully Integrated Sustainable Urban Community in Mada City, New Cairo, with EGP 110bn Investments

Midar for Investment and Urban Development, the master developer of “Mostakbal City” and “Mada” in New Cairo, has signed a partnership agreement with Sixth of October Development and Investment Company (SODIC) to develop a fully integrated urban project in “Mada” City, with total investments amounting to EGP 110bn, Invest-Gate reports.

Enwan Developments Signs Agreement with Blue Ridge to Manage and Operate Horizon Hospital in the Medical City at the New Capital

In a strategic move to expand its investments in the healthcare sector, Enwan Developments has signed a partnership agreement with Canadian Operator "Blue Ridge", a leading international company specializing in hospital and medical center management, to operate and manage Horizon Hospital within the Medical City at Egypt’s New Capital, Invest-Gate reports.

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