News / Developers

King Salman University, Schneider Electric Organize ‘The Green Challenge’ in Sharm El-Sheikh

The qualified projects include accessibility solutions for water, future networks, applications, analytics, and cybersecurity.

SolarizEgypt Invests EGP 97 mn in Solar Power Plant In El Gouna

The solar plant spans over an area of 245,000 sqm, with investments worth EGP 97 mn.

RentUp Launches 1st Reverse Marketplace in Egypt

The reverse marketplace will conduct reverse auctions for renting properties, linking landlords and tenants.

SODIC Presents Non-Binding Acquisition Offer for Orascom Development’s Real Estate Unit

ORE is the owner of O West, which is a mega real estate development located on 4.2 sqm in West Cairo.

Egyptian Developers Praise Successful Partnerships with State

Talaat Mostafa, CEO and Managing Director of Talaat Moustafa Group Holding notes that the state has enabled the private sector to engage in a successful experience with fully-serviced urban communities that satisfy Egyptian citizens.

Seqoon Raises $500K in Pre-Seed Funding

The funding was enabled by the bank’s program to support Egyptian fintech startups.

Orascom Development Receives Non-Binding Acquisition Offer for Real Estate Arm

The offer pends fulfillment of several conditions, including the completion of due diligence, ODE’s corporate approvals, in addition to all relevant regulatory approvals.

Nakheel Developments Launches Construction Preparation for Trio V Tower in NAC

Wassim Ouda, Head of the Commercial Sector at Nakheel Developments, reveals that the implementation of reinforced concrete works will start upon obtaining the required licenses and approvals.

Benchmark Education, Tatweer Misr Launch Learning Design and Technology-Based International Educational Conference

The event’s main focus is Science, Technology, Reading, Engineering, Arts, and Mathematics (STREAM) learning.

Concrete Plus Plans to Expand in Real Estate Sector, Increase Capital to EGP 200 mn

Tarek Youssef, CEO of Concrete Plus, reveals that the company acquired 25% of SQM company to launch an integrated project on 325 feddans, including 1,300 units in Marsa Baghush in Sidi Henish, North Coast.

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