The funding was enabled by the bank’s program to support Egyptian fintech startups.
The offer pends fulfillment of several conditions, including the completion of due diligence, ODE’s corporate approvals, in addition to all relevant regulatory approvals.
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.
The event’s main focus is Science, Technology, Reading, Engineering, Arts, and Mathematics (STREAM) learning.
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.
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.
Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.
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 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 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.
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