News / Construction

Avelin Project Expands: New Phase Launched After Successful First Phase Sales

Times Developments, a leading player in the Egyptian real estate market, has announced the launch of the second phase of its distinguished project, Avelin. Located in the heart of New Cairo near Al Rehab City, this project stands out as one of the most comprehensive residential developments in the area, Invest-Gate reports.

New Alamein: North Square Mall – A Unique Destination Combining Shopping and Entertainment to Enhance Year-Round Local Residency

Counsel Masters, a leader in managing and marketing commercial and tourism projects, has announced its plans to open and operate North Square Mall in New Alamein City for over six months in 2025. This initiative aims to build upon the mall's significant success since its summer opening, aligning with the nation’s vision for sustainable development and economic enhancement. The goal is to transform New Alamein into an attractive year-round destination for residents, thereby facilitating comprehensive urban development projects, Invest-Gate reports.

Emaar Properties Reaches Highest Level Since March 2008

Emaar Properties’ stock closed at its highest level in the Dubai Financial Market yesterday, reaching a peak not seen since March 2008. This surge follows the company’s Board of Directors approving a significant dividend distribution amounting to 100% of the company’s capital for the current year as well as for the forthcoming years, Invest-Gate reports.

Jadeer Group Unveils Expansion Strategy and Key Partnerships for 2025, and EGP 10 Billion Targets in Sales

Following a successful performance in 2024, where Jadeer Group met its sales and project implementation targets, Eng. Mahmoud Abu Al-Khair, the Chairman of the Board of Directors, shared insights into the company's future direction. He highlighted an integrated approach for growth in the Egyptian market, which will involve forming numerous strategic partnerships with both local and international organizations. This collaboration aims to enhance the quality of services offered across the group's projects, Invest-Gate reports.

“Lusail: Margins Developments’ 15 Billion EGP Investment in New Cairo”

Eng. Ashraf Shahin, the Vice Chairman of Margins Developments, noted that the project spans 35 feddans, with a construction ratio of just 16% of the total area, leaving ample green spaces for residents to enjoy, Invest-Gate reports.

TOREC Developments Has Launched Construction Projects Worth 750 Million EGP in 2024

TOREC Developments, a subsidiary of the New Urban Communities Authority, has intensified its construction activities on various projects it is developing for itself and for the Authority throughout 2024, Invest-Gate reports.

Announcing a Major Partnership to Transform Workspaces in Alburouj Business Park, East Cairo

IMKAN Misr partners with MQR, a leading innovator in flexible workspace solutions, to elevate office environments at Alburouj Business Park, the first fully integrated commercial district in New Heliopolis, Invest-Gate reports.

Transforming the Area into a Comprehensive Urban Community: Minister of Housing Reviews Ongoing Projects in the Green Belt Area of 6th October City

Eng. Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, recently monitored the progress of infrastructure and road projects in the Green Belt area, which spans approximately 10,200 acres in 6th October City, Invest-Gate reports.

Madinet Masr and El Hazek Construction Formalize Partnership to Enhance Development in Taj City with an Investment Surpassing EGP 900 Million

Madinet Masr (EGX code: MASR.CA), a prominent developer in Egypt’s urban community developers, announced the signing of a Memorandum of Understanding (MoU) with El Hazek Construction to advance infrastructure development and expedite the construction of residential villas within the "Elect" project located in Taj City with an investment exceeding EGP 900 million, Invest-Gate reports.

MBG Developments Breaks Ground on “Doray Bay” Project in Ras El Bar

MBG Developments has begun construction on "Doray Bay," a unique residential and tourist project in Ras El Bar, catering to the demand for high-quality coastal developments. Invest-Gate reports.

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