News / Construction

Gates Developments Signs Contract with DMA for New Zayed Project Designs

Gates Developments, one of the leading companies in the real estate sector, signed an effective strategic partnership contract with DMA, a company specializing in designs and engineering consulting, to work on the master plan and designs of Gates's new project in New Zayed City, Invest-Gate reports.

Eagle Hills Properties, Orascom Construction Collaborate on Soul Luxury Beach Resort’s Phase I

Eagle Hills Properties achieved a significant milestone in developing the Soul Luxury Beach Resort by signing a contract with Orascom Construction, Invest-Gate reports.

Misr Italia Boosts Construction at New Cairo, NAC Projects

Misr Italia Properties has signed an EGP 500 mn contract with two major construction firms to accelerate building works at its projects in New Cairo and the New Administrative Capital (NAC), Invest-Gate reports.

GAFI Nods to Building of GV Investments EGP 500 Bn Tarboul City

Egypt's General Authority of Investment and Free Zones (GAFI) has approved the establishment of GV Investment's Tarboul City EGP 500 bn investment zone in Giza, Invest-Gate reports.

SODIC to Deliver “June” Project in Q3 2025: GM

Sixth of October Development and Investment Company (SODIC) is preparing to deliver the first units in the "June" North Coast project during the third quarter of 2025, the company's General Manager Ayman Amer told Invest-Gate.

Saudi Arabia Sees Rising Residential, Commercial Rental Activity

Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.

Egypt’s Arab Contractors and Mercons Finalize JV Deal in Angola

Egypt's Arab Contractors Co. signed an agreement to establish a joint venture called Arab Contractors-Luanda with Angolan firm Mercons, as both countries deepen construction industry cooperation, Invest-Gate reports.

Dubai Property Prices Surge 24% in a Year on High Demand

Prices in Dubai's freehold residential market rose 4.8% in the second quarter, with annual gains hitting 24%, Knight Frank data shows.

ABB Opens Doors to Egyptian Students, Shares Expertise on Renewables

Zurich-based electrical equipment maker ABB Ltd. partnered with the Administrative Capital For Urban Development (ACUD) to train Egyptian university students on sustainable solutions, Invest-Gate reports.

Dubai’s Property Boom Expands to the City’s Outskirts

Dubai’s residential real estate upswing is extending to the outskirts, with luxury project prices in key areas hitting records, according to ValuStrat, an appraisal and research firm.

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