News / Developers

Omar Effendi Partners With Majid Al Futtaim

Omar Effendi subsidiary of the Holding Company for Construction and Development of the Ministry of Public Business Sector (HCCD) has partnered with UAE-based retail conglomerate Majid Al Futtaim to open its franchise “Carrefour” at its premises through successful negotiations led by Real Mark

Ldp+Partners to Launch New Projects in the Egyptian Market

Ldp+Partners Architectural and Engineering Consultant supervises multiple real estate projects with an implementation value of USD 2 bn in Saudi Arabia with further expansion plans in the Egyptian market in 2021

Lafarge Egypt Signs Partners with LMS Construction

Lafarge Egypt, a subsidiary of LafargeHolcim Group, signs an agreement with LMS Construction, for the first time in Egypt, Invest-Gate reports.

“Genova” by Eastern Real Estate to Launch Soon, West Cairo

Eastern Real Estate LLC prepares to launch its new residential project, "Genova", in Sheikh Zayed City, with investments of EGP 3 bn in January 2021, Invest-Gate reports.

Mostakbal City to Welcome Residents Soon

El Mostakbal for Urban Development prepares to receive residents of its project Mostakbal City in New Cairo in the first half of 2021, Invest-Gate reports.

ARQA’s “I Business Park” Project Progresses

ARQA Development Group (ADG) holds its regular follow up meeting on its flagship “I Business Park” to discuss its final details with "CAD" & "Sabbour" companies, Invest-Gate reports.

Ministry of Youth & OAD Unleash The EGP 250mn- NAMMA

Omar Abdullah Developments (OAD) has launched NAMMA, one of the largest integrated service complexes in 6th of October City, Invest-Gate reports.

EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel

The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency-branded hotel in west Cairo.

Mountain View Signs Deal to Develop IT Infrastructure at iCity Projects

Mountain View has signed a strategic cooperation agreement with Huawei Technologies to develop information technology (IT) infrastructure at its “iCity” projects in east and west Cairo, with investments exceeding USD 1 mn (EGP 15.8 bn).

Majid Al Futtaim, valU to Jointly Present ‘Buy-Now-Pay-Later’ Services

UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.

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