News / Developers

Mountain View Foundation Launches Second Edition of “Discovering Heroes” Program in Upper Egypt Governorates

Mountain View Foundation has initiated the qualifying assessments for the second installment of the “Discovering Heroes” Program for 2024 in the Upper Egypt governorates, encompassing Sohag, Qena, Luxor, and Aswan, Invest-Gate reports.

Al Rashed Developments Unveils EGP500 mn Expansion Plan

Al Rashed Developments, a leading player in the real estate sector, has announced its strategic expansion plan, aiming to invest EGP 500 mn by the end of 2024, Invest-Gate reports.

Edge Stone Celebrates EGP 1 Bn in Sales for First Phase of Moraya Project

Edge Stone, a prominent player in the real estate and contracting sectors, has commemorated the successful sale of the entire initial phase of its Moraya project in the New Administrative Capital (NAC), achieving a noteworthy sales figure of EGP 1 bn, Invest-Gate reports.

DEN Real Estate Consultancy Hits EGP 5 Bn in Developer Sales Since Start of 2024

Mohamed Abdallah, the CEO of DEN Real Estate Consultancy, announced that the company has facilitated real estate sales for developers amounting to EGP 5 bn since the year's onset, as a key component of its strategic expansion within the real estate marketing realm, Invest-Gate reports.

Palmier Developments Introduces Zayard North Strike Project in New Sheikh Zayed

Palmier Developments has unveiled its latest venture, Zayard North Strike, situated in New Sheikh Zayed City atop a prominent hill spanning 20 feddans, Invest-Gate reports.

Harva Developments to Launch EGP1.5 bn Residential Project in October Gardens

Harva Developments is set to launch its first residential project, GÜL, in October Gardens, with an investment of EGP 1.5 bn, Invest-Gate reports.

Orascom Construction Awards Scholarships to Egyptian Students for 24th Consecutive Year

Orascom Construction has announced the awarding of full educational scholarships to three Egyptian students through the “Onsi Sawiris Scholarship Program,” Invest-Gate reports.

SODIC Launches Matcha, Good Days in CAESAR, Expanding Hospitality, Retail Offerings in Egypt’s North Coast

SODIC, Egypt's premier real estate developer, has unveiled Matcha, its latest commercial hub situated at the core of CAESAR in Ras El Hekma, alongside Good Days, a boutique concept featuring luxurious serviced apartments within the Matcha complex, Invest-Gate reports.

Somabay Records 155% Surge in Profits in H1 2024

Somabay, a leading company in tourism investment and the developer behind the renowned Somabay peninsula, disclosed profits of EGP 102 mn in the first half of 2024, denoting a remarkable 155% surge compared to the corresponding period last year, Invest-Gate reports.

Residence Developments Highlights Opportunities in Egypt’s Expanding Real Estate Market

Wael El Shahed, CEO of Residence Developments, emphasized that despite the extensive urban development underway across Egypt, the opportunities available in the real estate market far exceed the current level of development, Invest-Gate reports.

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