News / Developers

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.

Ora Developers Hires JLL to Manage 2 Projects in Egypt

Situated on 360 feddans, the first project, ZED East, is a residential and mixed-use development located between New Cairo and the New Administrative Capital.

Hassan Allam Pledges $10 bn Joint Investments in SCZONE with UAE’s Masdar

Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.

Elite Home Completes Elite Care Clinico with EGP 250 mn Investments

Elite Home states that it is preparing a package of facilities for its clients in down payments, along with major facilities in the payment period and installments, for its existing and new projects in New Cairo’s Bayt Al Watan district.

Dahab Development Sells 70% of Offered Phases in Iconic Trinity Complex Project

Dahab Development sells 70% of the first and second phase of the Iconic Trinity Complex (ITC) project in New Administrative Capital in 5 months, in cooperation with the project’s marketing and sales advisor IDEA Group, Invest-Gate reports.

Global Wins Housing Ministry’s Bid for EGP 350 mn Project

Global signs an agreement with the Ministry of Housing, Utilities, and Urban Communities for the construction of 44 housing buildings including 1,056 in New Obour City with a total investment cost of over EGP 350 mn, Invest-Gate reports.

MNHD Signs EGP 35 mn Construction Agreement with DMC to Construct 13 buildings in Lake Park

The project is set to be delivered in 18 months and DMC will be in charge of the construction of the 13 buildings in Lake Park, mechanical, electrical, and plumbing work, and the facades.

Arabisk Development Offers 3 Projects with Guaranteed Rental Income System in Shorouk

Arabisk Real Estate Development Corporation introduces three projects in Shorouk city with a guaranteed rental income system in different areas, Invest-Gate reports.

SODIC to Sponsor COP27 in November

Sixth of October Development and Investment Company (SODIC) announces sponsoring the United Nations Climate Change Conference (COP27), to be held in the Egyptian city of Sharm El-Sheikh in November 2022, Invest-Gate reports.

Memaar Al Ashraaf Contracts With Etqan to Launch EGP 300 mn Project in New Cairo

Bassem El-Sherbiny, CEO of Etqan Business Development, states that Etqan prepared financial studies and the marketing strategy for the project, in addition to a detailed tender plan.

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