News / Infrastructure

Egypt, China Sign Letter of Intent to Deepen Housing, Urban Development Cooperation

Housing Minister Sherif El Sherbini met with Dong Jian Guo, China’s Vice Minister of Housing and Urban-Rural Development, at the Ministry’s headquarters in Egypt’s NAC to explore avenues for cooperation and experience sharing, Invest-Gate reports.

Accor Expands Egypt Portfolio with New Mövenpick Signing in West Cairo

Accor, a world-leading hospitality group, today announced the signing of Mövenpick Cairo West, a 220-key hotel in West Cairo, Invest-Gate reports.

Fawry Posts Strong 1Q2025 Results with Net Profit Up 97%

Fawry, Egypt’s leading fintech company, reported strong results for the Q1 of 2025, booking revenues of EGP 1.79 bn—up 65.1% year-on-year, Invest-Gate reports.

Vodafone Egypt Partners with Q Developments to Bring Smart Connectivity to Q Hills and Q North

Vodafone Egypt has signed a strategic partnership with Q Developments to provide advanced telecommunications solutions to two of its flagship projects, Q Hills and Q North, Invest-Gate reports.

Housing Minister Follows Up on Progress of “The Great Transfiguration” Project in Saint Catherine

Eng. Sherif El Sherbini Minister of Housing, Utilities, and Urban Communities held a meeting to review the latest developments in the "Great Transfiguration Over the Land of Peace" project in Saint Catherine, Sinai, Invest-Gate reports.

Housing Minister Reviews Progress of “Housing for All Egyptians” Initiative in New Cities

Housing Minister Sherif El Sherbini reviewed the progress of thousands of residential units under the presidential initiative “Housing for All Egyptians” in several new cities, including New Obour, New Suez, New Minya, 15th of May City, and 6th of October City, Invest-Gate reports.

RAQ Development Signs Cooperation Protocol with Telecom Egypt “WE” for Integrated Communications, Smart City Services

RAQ Development has signed a cooperation protocol with Telecom Egypt “WE” to provide integrated communications services and smart city solutions within the Zawat project, the company’s first project in 10th of Ramadan City, Invest-Gate reports.

Gosour Developments Signs MoU with Telecom Egypt to Provide Smart Communications Services Within Its Projects

Gosour Developments has signed a memorandum of understanding (MoU) with Telecom Egypt “WE,” under which all communications and smart technology services will be made available in all Gosour Developments projects, Invest-Gate reports.

Mountain View and Crystal Lagoons Unite for EGP 5 Billion Investment to Create Iconic Lagoons in Mountain View Communities

Mountain View has officially partnered with Crystal Lagoons, a global leader in sustainable lagoon technology, to develop breathtaking lagoons within Mountain View's residential communities, beginning with a state-of-the-art crystalline lagoon at the iCity New Cairo project, Invest-Gate reports.

Emirates NBD Egypt Expands with New Nile City Branch to Enhance Customer Experience

Emirates NBD Egypt has officially opened its new Nile City branch in Cairo, marking a significant step in its expansion strategy. The branch has relocated from the northern building to the southern building of Nile City Towers, featuring double the previous space. This upgrade allows the bank to accommodate a larger customer base and deliver a more seamless and advanced banking experience, Invest-gate reports.

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