News / Developers

PRE Group Secures EGP 1bn Financing for Its Commercial and Administrative Project ZAG in New Cairo from a Banking Consortium Led by the National Bank of Egypt

Mashareq Real Estate Investment, a subsidiary of Pioneers Properties for Urban Development (PRE Group), has secured a long-term syndicated loan worth around EGP 1bn to finance the first phase of its commercial and administrative project “Zag East” in New Cairo. The loan was arranged by a banking consortium led by the National Bank of Egypt (NBE), with participation from the Industrial Development Bank and Abu Dhabi Commercial Bank, Invest-Gate reports.

Grit Properties Launches in Egypt with EGP 65bn Investment Portfolio

Grit Properties has officially entered Egypt’s real estate market, unveiling an investment portfolio valued at EGP 65bn, marking the debut of a new developer built on more than four decades of trust, quality, and proven expertise in the Egyptian market, Invest-Gate reports.

Madinet Masr Reports EGP 36.3bn in New Sales, 112% Increase in Deliveries in 9 Months, and Over EGP 2bn in Reservations

Madinet Masr (EGX: MASR.CA), one of Egypt’s leading real estate developers, announced strong financial results for the first nine months of 2025, achieving new sales of EGP 36.3bn and exceeding EGP 2bn in reservations. These results underline the company’s solid performance, strong financial position, and successful strategy to diversify its projects and expand its land portfolio in strategic urban areas, supporting Egypt’s Vision 2030, Invest-Gate reports.

Rock Developments Signs Cooperation Protocol with Helshon College in Sweden to Implement the ACC Educational Program in Egypt

Rock Developments announced the signing of a cooperation protocol with Sweden’s Helshon College Academy to launch the ACC educational and training program in Egypt, aimed at preparing young Egyptians with limited access to opportunities both personally and professionally. The initiative reflects the company’s commitment to social development and empowering youth to become active and impactful members of society, Invest-Gate reports.

Fawry and Wadi Degla Developments Announce Strategic Partnership to Accelerate Digital Transformation in Egypt’s Real Estate Sector

Fawry, Egypt’s leading fintech company, and Wadi Degla Developments have announced a strategic partnership to introduce integrated digital payment solutions for Wadi Degla customers through Fawry’s online payment gateway and POS network. The collaboration reinforces both companies’ commitment to advancing Egypt’s digital transformation agenda, particularly within the real estate sector, Invest-Gate reports.

Ora Developers Egypt Secures EGP 3bn Long-Term Financing from National Bank of Egypt for “Solana West” Project

Ora Developers Egypt and the National Bank of Egypt (NBE) have signed a long-term financing agreement worth EGP 3bn to fund part of the investment cost of the “Solana West” development, one of Ora’s flagship projects in West Cairo. The collaboration underscores the ongoing partnership between Egypt’s banking sector and major real estate developers to support urban expansion and the creation of modern, integrated communities in line with the state’s development strategy, Invest-Gate reports.

Arab Developers Holding to Deliver First Units of “Nyoum Assiut” Before End of 2025, Marking a Milestone in Upper Egypt’s Urban Development

Arab Developers Holding has announced that it will begin handing over the first phase of its flagship project Nyoum Assiut before the end of 2025, marking a major milestone in Upper Egypt’s real estate landscape,Invest-Gate reports.

Somabay Launches “Sea Beyond Sight – Vision for All” Initiative with Dialogue in the Dark Egypt to Empower People with Visual Impairments in the Red Sea Region

Reinforcing its commitment to social responsibility and sustainable development in the Red Sea region, Somabay has launched the “Sea Beyond Sight – Vision for All” initiative in partnership with Dialogue in the Dark Egypt, and in collaboration with the Ministry of Health, the Ministry of Social Solidarity, and local NGOs. This strategic initiative aims to empower individuals with visual impairments or blindness and promote social inclusion within the local community, Invest-Gate reports.

Jnoub Koronfil Developments Signs Strategic Partnership with Queens Royal Hospital to Enhance Najma Walk’s Integrated Vision in New Cairo

Jnoub Koronfil Developments has announced a major partnership with Queens Royal Hospital, reinforcing the position of its flagship project, Najma Walk, as one of New Cairo’s most prominent mixed-use destinations, Invest-Gate reports.

Salman Mohamed Salman: “Al-Salmaniya Group Continues Expansion with New Medical and Educational Projects”

Al-Salmaniya Group for Development and Housing confirmed its continued implementation of ambitious plans to develop a diversified project portfolio across Egypt’s new cities, announcing an expansion strategy that includes launching new medical and educational ventures. This step reflects the group’s commitment to supporting national efforts for comprehensive development and enhancing the quality of life in modern urban communities, Invest-Gate reports.

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