News / Construction

“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.

INTRO Technology Partners with Sterling, Wilson to Build Kemet Data Center in Egypt’s

INTRO Technology, has signed a MoU with SWDC, a global leader in data center construction, to develop the Kemet Data Center, Invest-Gate reports.

Larz Developments Introduces the First Business Hub in NAC

Larz Developments, a subsidiary of Al-Gaweesh Group and a prominent entity in the real estate development sector in Egypt and the Middle East, has unveiled the inauguration of "Larz Business Hub," the first business center in the New Administrative Capital (NAC) that leverages cutting-edge technology, Invest-Gate reports.

ACUD Conducts Workshop to Revise Strategic Plan for Future Phases of the NAC

The Administrative Capital for Urban Development (ACUD) conducted a workshop to revise the strategic plan for the second, third, and fourth phases of the New Administrative Capital (NAC) and to formulate the detailed plan for the city, under the leadership of Khaled Abbas, Chairman and Managing Director of ACUD, Invest-Gate reports.

MODAD Construction Completes Administrative Building, National Bank of Egypt Branch Renovation Project in Shorouk City

MODAD Construction, a prominent company specializing in construction, building, and real estate development, has announced the successful completion of the construction and renovation project for the latest administrative building, which houses a branch of the National Bank of Egypt, Invest-Gate reports.

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