News / Developers

Chairman of the Housing Committee in House of Representatives: Red Sea Coast Poised to Become a Regional Hub for Tourism, Renewable Energy, and Digital Infrastructure

Dr. Ahmed Shalaby, Chairman of the Housing and Utilities Committee in the House of Representatives and CEO and Managing Director of Tatweer Misr, stated that Egypt’s Red Sea coast possesses the necessary components to become a leading regional hub for tourism, renewable energy, digital infrastructure, and integrated urban development. This, he said, opens wide opportunities for international investors, particularly British companies, noting that Egypt is already reaping the benefits of major infrastructure investments made in recent years, Invest-Gate reports.

Somabay CEO: Red Sea Coast Emerges as a Global Investment Destination Driven by Infrastructure, Tourism Growth, and International Partnerships

Ibrahim El Missiri, CEO of Soma Bay Group, said that the Red Sea Coast has become a more attractive destination for international investments, supported by major infrastructure developments, expanding tourism activities, and growing cross border partnership opportunities, Invest-Gate reports.

PARAGON | ADEER Promotes Investment Opportunities in Egyptian Market at London’s Nile Property Expo and BEBA Forum

PARAGON | ADEER, a leading developer of next generation mixed use destinations, announced its participation in the largest economic platform dedicated to promoting investment opportunities and strategic partnerships in the Egyptian market, organized by Nile Property Expo and the British Egyptian Business Association (BEBA), taking place in London on 3–4 June 2026. The company joined the Egyptian delegation, which included H.E. Eng. Randa El Menshawy, Minister of Housing, Utilities and Urban Communities; H.E. Ambassador Ashraf Swelam, Egypt’s Ambassador to the United Kingdom; and H.E. Mark Bryson-Richardson, British Ambassador to Egypt and Vice Chairman of the Egyptian British Chamber of Commerce (EBCC), as part of ongoing efforts to strengthen economic cooperation between Egypt and the United Kingdom, Invest-Gate reports.

C Developments targets EGP 1bn in sales during second half of 2026

C Developments aims to achieve EGP 1bn in contractual sales during H2 2026, supported by strong demand and key projects including CRCL Mall and AJAN Residence.

Imkan Misr Signs Strategic Agreement with Cairo’s and Seraj to Launch a New Branch at the Business Park

In a new step to support the diversity of services within Al Burouj project, Imkan Misr announced its cooperation with Cairo's and Seraj brands to launch new experiences in the fields of restaurants and specialized beauty and grooming services within the Business Park area, enhancing service integration and keeping pace with the requirements of modern lifestyle within contemporary residential communities, Invest-Gate reports.

Majid Al Futtaim Officially Breaks Ground on JUNCTION with EGP 500 million in Enabling Works

Majid Al Futtaim begins construction of JUNCTION in West Cairo with EGP 500 million in enabling works as part of a development exceeding EGP 20 billion.

TMG Announces Investment License for its Baghdad Project with Expected Investments of USD 18.8 billion.

Talaat Moustafa Group (TMG) secures an investment license for its integrated Baghdad project in Iraq, with expected investments of USD 18.8 billion, marking a key milestone in its regional expansion strategy.

Next Home Developments launches Next Plaza in Maadi.. and contracts with Health Care for management and operation

Next Home Developments company, announced launching its latest project "Next Plaza", on a total area of 3,500 square meters in a prime location in Maadi, as this project represents a new leap in the concept of integrated medical and commercial developments, Invest-Gate reports.

“Counsel Masters” Announced the Launch of the Summer 2026 Season at “North Square Mall” in New Alamein City

“Counsel Masters” announced the launch of the Summer 2026 season at “North Square Mall” in New Alamein City, as part of an extensive development plan aimed at delivering a more diverse and modern summer experience that reflects the rapid transformation taking place in the city as one of the most prominent tourism and investment destinations in Egypt and the region, Invest-Gate reports.

Madinet Masr Reports Results for Q1 2026

Madinet Masr reported strong Q1 2026 results with EGP 2.8 billion revenue, EGP 682.5 million net profit, and solid growth in deliveries and cash flows, despite a normalizing market and regional geopolitical challenges.

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