News / Investment

Saudi Winvestor Real Estate Investment Opens 1st Headquarters in Egypt

The company is planning to launch a series of real estate projects in East and West Cairo.

Egypt Completes 57-Acre Car Trade City

The city includes a free zone and a used car sale area, the agency complex area, traffic offices, car showrooms, alongside other service facilities.

Banking-Insurance Alliance, TMG Launch Egypt Real Estate Investment Fund 1

The first issuance of the fund received EGP 360 mn worth of subscriptions, out of a targeted value of EGP 500 mn, from Egyptian and multinational financial institutions.

Majid Al Futtaim to Invest EGP 400 Mn in Egypt in 2023

Majid Al Futtaim also unveils a plan to expand its soft discount store, Supeco, and open more Carrefour Gourmet stores in the Egyptian market.

Egypt pens $83 Bn Framework Agreements for Green Hydrogen, Ammonia Plants

These facilities, collectively, are set to produce up to 7.6 mn tons of green ammonia and 2.7 mn tons of hydrogen a year when fully operated.

GV Real Estate Development Pens Agreements for Advanced Tech Solutions

The two agreements were signed on the sidelines of the 27th United Nations Climate Change Conference (COP27), which is held from 6 to 18 November in Sharm El-Sheikh.

Schneider Electric Inks 6 MoUs to Provide Management Solutions for Smart Cities

The MoUs were signed with Tatweer Misr, Misr Italia Properties, REDCON for Offices and Commercial Centers, PARAGON Real Estate Developments, and GV Developments, on the sidelines of the United Nations Climate Change Conference (COP27).

Mountain View, Alesayi Investment Group Pen Deal to Form JV in Saudi Arabia

The JV also aims to promote investments in the sector, inside the Kingdom.

Elsewedy Electric, Deutsche Bahn Initial 15-year Agreement for High-Speed Electric Train

“The new high-speed rail network aims to improve traffic safety and curb air pollution, aligning with the Egyptian government’s efforts to develop the sustainable transportation sector and expand environmentally-friendly mass transportation in major cities,” President and CEO of Elsewedy Electric, Ahmed El Sewedy, notes.

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