News / Investment

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

Coldwell Banker-Egypt Celebrates the Launch of its “Franchise and Capitalize” Program

Coldwell Banker – Egypt celebrates the launch of its new program, Franchise and Capitalize, enabling investors and entrepreneurs in real estate sector to establish successful projects, expand in existing ones, achieve the well managed, while comply with the framework of the market requirements

LMD Pumps EGP 33B in ONE NINETY Project New Cairo

LMD reveals the rapid progress in construction of ONE NINETY Business Quarter, Invest-Gate reports.

Misr Italia Pens EGP 750mn Sale & Leaseback Deal with EFG Hermes Corp-Solutions

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.

Savills Egypt: North Coast Turns from Summer Destination to Integrated City

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 To Inject EGP 5 bn Investments in East Cairo

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 Inaugurates Logistics Center And Launches New Website in Egypt

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.

Arab Contractors and El Sewedy Electric Achieve Advanced Steps in JNHPP Project, Tanzania

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 Injects EGP 13bn Investments in Egypt

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 Pens Cooperation Protocol to Reinforce Kafr El Sheikh Development

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.

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