Misr Italia Properties, the leading real estate development firm, announces signing a sale & lease back agreement with EFG Hermes Corp-Solutions, among the leading leasing and factoring companies in Egypt for refinancing its state of the art property-Garden 8 Mall, amounting to EGP 750 mn, Invest-Gate reports.

A recent report by Savills, one of the world’s leading property consultancies, launches its 2021 North Coast Spotlight Report, which focuses on real estate developments along the Egyptian coastline and highlights the transformation of the seasonal summer destination into an integrated city.

Dar Al Alamia Developments, a subsidiary of Dar Al Alamia Holding, plans to invest up to EGP 5 billion in real estate projects in east Cairo over the coming three years.

Amazon, an American multinational conglomerate that focuses on e-commerce, inaugurates a new facility in the 10th of Ramadan City in Sharqia governorate. Additionally, the global e-commerce website announces the official launch of its Amazon.eg in Egypt website.

The alliance of "Arab Contractors" and "El Sewedy Electric" completes the largest block in the main dam and begins installing the first turbine in the JNHPP project in Tanzania.

Al Ezz Group plans to inject EGP 13bn investment to launch several projects in real estate, industrial, and tourism sectors in Egypt over the coming period, Invest-Gate reports.

Lafarge Egypt, a member of Holcim Group, announces signing a memorandum of understanding (MoU) with Kafr El Sheikh Governorate to support sustainable development goals and Egypt’s vision 2030, Invest-Gate reports.

Rovan Urban Development (RUD) launches Evora, the downtown project, in the New Administrative Capital (NAC) with total investments of EGP 300 mn.

Before its anticipated launch in October 2021, the sixth International Participants Meeting (IPM) with its 370 members from around the world met on May 6 to see the final stages of the Expo 2020 preparations

Maxim Developments receives the new batch of the loan agreed upon with the National Bank of Egypt, amounting to EGP 450mn