Cairo Sees Delivery of 18K Residential Units in 2022

• Sunday, 5th February 2023
• by Invest Gate

Around 35,000 units are planned to be completed in Cairo during 2023, according to JLL’s Cairo 2022 Year in Review report.

DCI Plus’ Chairman Participate in Invest-Gate Roundtable

• Thursday, 2nd February 2023
• by Muhammad Khalid

Eight Developments, Gaballah Group to Launch EGP 2.5 Mn Mall in New Cairo

• Thursday, 2nd February 2023
• by Invest Gate

For his part, Mohamed Abdel-Fattah, Executive Director of Eight Developments, reveals that the company seeks to fulfill the desires of customers in providing suitable and diverse units.

Al-Futtaim Group Real Estate Establishes, Equips Bone Marrow Transplantation Room in 57357 Hospital

• Thursday, 2nd February 2023
• by Invest Gate

The step comes in line with the company’s support of the national donation campaign that aims at reducing the number of patients on the list, waiting to undergo bone marrow transplants.

Real Estate Development Chamber Commends Government’s Response to Developers

• Thursday, 2nd February 2023
• by Invest Gate

Tarek Shoukry, Head of the Real Estate Development Chamber at the Federation of Egyptian Industries, and Undersecretary of the housing committee at the House of Representatives, thanks the Prime Minister and Minister of Housing for the prompt response to a large part of the demands submitted by the chamber.

Times Developments Acquires 3 Companies; Pledges EGP 12 Bn Investments

• Thursday, 2nd February 2023
• by Invest Gate

The acquisition helps support Times’ future expansion plans in Egypt, especially in the East and West Cairo and the North Coast.

Mardev Development to Up Investment Portfolio to EGP 4 Bn

• Thursday, 2nd February 2023
• by Invest Gate

For his part, Ibrahim Zahran, Mardev’s CEO, reveals that the company is implementing several projects in NAC, including a residential compound and 3 commercial projects.

Egyptian Government Takes Measures to Support Real Estate Developers

• Thursday, 2nd February 2023
• by Invest Gate

Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace without a delay penalty.

US’ McDermott Collaborates on Greece-Africa Power Interconnection

• Thursday, 2nd February 2023
• by Invest Gate

The project is known as Greece-Africa Power (GAP) Interconnector.

GV Group is Platinum Sponsor for Invest-Gate’s 1st Roundtable in 2023

• Thursday, 2nd February 2023
• by Invest Gate

The company sponsors Invest-Gate’s roundtable and offers innovative solutions for its subject matter.