News / Business

Orascom Development Keys of Life: Transforming the Future of Communities with New Notions of Home

Orascom Development, a leading international developer of vibrant, integrated communities in Europe, the Middle East, and North Africa, has unveiled the next chapter of its Orascom Development Keys of Life 2024 initiative with a new report titled "Developing the Future", Invest-Gate reports.

Modon Holding Partners with e& Egypt to Reshape Future of Smart Cities in Ras El Hekma Project

As part of a strategic collaboration aimed at offering a distinctive living experience, Modon Holding has inked a cooperation agreement with e& Egypt to design, implement, and oversee the intelligent infrastructure of Ras El Hekma City, Invest-Gate reports.

Finance Minister Outlines 4 Key Operational Priorities in Current Financial Policy

Ahmed Kouchouk, Minister of Finance, outlined the focal points of the current financial policy, emphasizing four key and interrelated axes that encapsulate the ministry's operational priorities, Invest-Gate reports.

INTRO Technology, Oman Data Park Ink $450 Mn Strategic MoU to Launch Kemet Data Center in Suez Canal Economic Zone for Cloud Service Exports

INTRO Technology has announced the signing of a strategic Memorandum of Understanding (MoU) with Oman Data Park, Invest-Gate reports.

Beltone Venture Capital Broadens Presence in Europe, North Africa with Strategic Equity Investment in VelyVelo

Beltone Holding, one of the rapidly expanding financial institutions, has announced that its wholly owned subsidiary, Beltone Venture Capital, has successfully concluded its first international investment by strategically investing in VelyVelo, a prominent French e-bike rental company specializing in optimizing e-bike fleet management through a comprehensive subscription service and an all-in-one technology platform, Invest-Gate reports.

BNY Commends Egypt’s New Economic Group for Positive Coordination, Support to Private Sector

The Bank of New York Mellon Corporation (BNY) has commended the recent positive collaboration and unified approach supporting the private sector within the new economic coalition in Egypt, Invest-Gate reports.

Scope Developments Chairman: Real Estate Prices Surge Fivefold in Past 5 Years, Underlining Investment Profitability

Mohamed Ghobashy, Chairman of Scope Developments and a Board Member of the Egyptian Society of Real Estate Appraisers, emphasized that real estate stands out as the premier investment avenue, a fact underscored by decades of empirical evidence, Invest-Gate reports.

Beltone Holding Sustains Record Growth in H1 2024: Operating Revenues Surge by 818%, Net Profit Hits EGP 817 Mn

Beltone Holding, a rapidly growing financial institution, achieved a remarkable turnaround in H1 2024 by reporting a net profit after tax and minority interest of EGP 817 mn, in stark contrast to the EGP 146 mn loss incurred during the first half of 2023, Invest-Gate reports.

Dubai Real Estate Companies Report H1 2024 Profits of AED 7.01 Bn, Showing 19% Growth

The net profits of four real estate companies listed on the Dubai Financial Market surged by 19% during H1 2024, propelled by robust sales growth amidst the strengthening real estate and tourism sectors, alongside the accelerating pace of economic recovery in Dubai, Invest-Gate reports.

Alabbar Delighted to Extend Operations in Marassi on Egypt’s North Coast

Emirati businessman Mohamed Alabbar, Chairman of Emaar Properties, has expressed his delight at the positive reception and warm welcome to the proposal of extending operations in Marassi on the North Coast of Egypt by an additional two months, Invest-Gate reports.

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