News / Developers

CGD Development Kicks off Glouvre Side Business in NAC

CGD Development launches Glouvre Side Business project in the NAC, with EGP 500 mn investments, Invest-Gate reports.

Cairo Festival City Mall Partners Sympl to Provide Instant Payment Solutions

Cairo Festival City Mall (CFCM) collaborates with Sympl, Egypt’s first “Save Your Money Pay Later” platform for bank card holders, Invest-Gate reports.

MNHD Achieves EGP 1.5 bn in Reservations During July

Madinet Nasr for Housing and Development (MNHD) achieves EGP 1.5 bn in reservations in July 2022 only, Invest-Gate reports.

Marakez Pens Protocol with ITDA for 5 Additional Acres in El Dakahlia

MARAKEZ contracts with the Internal Trade Development Authority (ITDA) to acquire five additional acres bringing the total land area to 51 acres for the integrated commercial, logistics, administrative, and entertainment district in El Dakahlia, Invest-Gate reports.

Arab Developers Holding Contracts Solid Capital to Evaluate its Unit

Arab Developers Holding assigns Solid Capital for Financial Advisory as an independent financial advisor to evaluate one of the group’s subsidiaries, Invest-Gate reports.

La Sirena Group to Deliver Phase II of Palm Beach Ain Sokhna by 2022-End

La Sirena for Touristic and Real Estate Investment Company plans to deliver 155 units at Palm Beach Ain Sokhna in Q4 2022. This comes in tandem with implementing construction works of about EGP 200 mn in the project, Invest-Gate reports.

Royal One Developments Implements Capital Prime Business Park in NAC

Royal One Developments works with its full capacity and exploits its expertise in order to implement the Capital Prime Business Park project in the NAC in conformity with the announced and agreed-upon specifications with clients, Invest-Gate reports.

Sovana Group Launches New Phase in Diamond Resort in Ras Sedr

Sovana Group for Tourism Development launches 150 new units in Diamond project in Ras Sedr. The company plans to deliver these units in two years, Invest-Gate reports.

Arkan Palm Contracts Dar to Design Towers in New Project in Zayed

Arkan Palm for Real Estate Investment signs protocol with Dar for architecture designs to design the layout and architecture of the towers zone in the 205-acres project in Sheikh Zayed, Invest-Gate reports.

Palm Hills Developments Records EGP 10.7 bn in Sales in H1

Palm Hills Developments achieved new sales of EGP 10.7 bn in H1 2022, a 38% growth compared to EGP 7.7 bn in H1 2021, Invest-Gate reports.

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