News / Developers

With Investments of EGP 70 Billion, PARAGON | ADEER Launches “Sumou Boulevard,” the Renewed Urban Destination in New Cairo

El Serafy: We are establishing a new development model with investments of EGP 70 billion (equivalent to USD 1.4 billion).
Rizk: Sumou Boulevard Mixed Use Development spans over 500,000 square meters, enabling the design of a fully integrated urban environment.

As part of a shared regional vision, PARAGON | ADEER, the Egyptian-Saudi alliance combining global-standard development with real estate investment, announced the launch of Sumou Boulevard Mixed Use Development, the renewed urban destination in New Cairo, during a celebration attended by a distinguished gathering of leaders. The project emerges as one of the Middle East’s premier mixed-use destinations, reflecting the alliance’s commitment to delivering a comprehensive development model that aligns with the aspirations of modern cities and meets the needs of the next generation, Invest-Gate reports.

Arkania Developments Expands its Investment Portfolio to EGP 9.4bn, Launches REFAD Project in New Cairo

Arkania Developments unveils its 2026 investment plan and launches REFAD, a new residential project in Golden Square, New Cairo.

Madinet Masr Partners with Baheya Foundation on International Women’s Day to Support New Cairo Breast Cancer Facility

In celebration of International Women’s Day, Madinet Masr (EGX code: MASR.CA) has announced the signing of a strategic partnership agreement to lay of the cornerstone for Baheya’s new facility in the Fifth Settlement, New Cairo. This milestone underscores the company’s commitment to social responsibility and its vision of building sustainable communities centered around people’s well-being. Through its collaboration with Baheya Foundation, Madinet Masr reaffirms its support for Egyptian women’s health by contributing to expanded access to early detection and free breast cancer treatment, Invest-Gate reports.

Fawry and Erada Finance Strengthen Strategic Cooperation to Support the Digital Transformation of Collection and Financing Ecosystem

Fawry activates partnership with Erada Finance to enable secure loan disbursement through its nationwide network, supporting SMEs and financial inclusion.

Cornerstone Development Revives Family Bonds in Ramadan 2026 Campaign “El Beit Asl Kol Lamma”

Cornerstone Development’s Ramadan 2026 campaign “El Beit Asl Kol Lamma” celebrates family life and showcases projects in Mostakbal City & New Capital.

New Event Developments Prepares to Launch a Distinctive Project in the New Capital Coinciding with Strong Expansion in Egypt and Saudi Arabia

New Event Developments is preparing to launch its latest project in the New Capital, coinciding with a surge in construction activity across its existing projects in the Egyptian and Saudi markets. The move aims to enhance the company’s presence in both local and regional markets while maintaining a balance between its ongoing expansion plans and its commitment to current developments, Invest-Gate reports.

Under the Slogan “El Hob El Bena Ye3ammar Boyout”.. Al Ahly Sabbour Launches its Ramadan 2026 Advertising Campaign

Al Ahly Sabbour celebrates family warmth in its Ramadan 2026 campaign under the slogan “El Hob El Bena Ye3ammar Boyout

TOREC Profits Surge 37 Fold in Four Years

TOREC Developments, one of the companies affiliated with the New Urban Communities Authority, has achieved a record leap in its profit levels over four years, during the period from 2022 to 2025, Invest-Gate reports.

MRB Contracts with Bright City Developments to Manage, Operate Bright Point Mall in Zahraa El Maadi

MRB signs agreement with Bright City to manage and operate Bright Point Mall, a mixed-use project in Zahraa El Maadi with retail, medical, and office units.

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