News / Investment

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.

RUD Launches Evora Project in NAC

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

IPM Commences One Last Time Before Expo 2020 Dubai’s Launch

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 Development Granted EGP 450mn Loan from NBE

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

The Real Gate Introduces the Investment Club

The Real Gate introduces the Investment Club, the first digital platform in the Middle East aiming to foster and identify investment opportunities across various sectors with international players, Invest-Gate reports.

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