News / Investment

Somabay Golf Course Achieves GEO International Sustainability Certification: A First for Egypt

 In a historic milestone, Somabay Golf Course, designed by the legendary Gary Player, has received the esteemed GEO International Sustainability Certificate from the GEO Foundation. This makes it the first golf course in Egypt to attain this certification and places it among only four in Africa to achieve the GEO Certified® status. This recognition underscores Somabay's unwavering commitment to sustainability and enhances its reputation as a premier sports destination in the region/ Invest Gate Reports.

Sandah Microfinance Completes Restructuring to Expand Services Nationwide

Sandah Microfinance has successfully completed a restructuring process aimed at expanding its services across the country. During this period, the company has doubled the number of its branches and increased its portfolio by over 100%, while also attracting numerous talented professionals/ Invest Gate Reports.

ACUD Chairman Hosts Delegation from Bahrain’s Council of Representatives and Shura Council in New Administrative Capital

Eng. Khaled Abbas, Chairman of the Administrative Capital for Urban Development (ACUD), welcomed a delegation from the Kingdom of Bahrain, led by Ahmed Qarata, the Second Deputy Speaker of the Council of Representatives, and Dr. Fatima Al Kooheji, a member of the Shura Council and Deputy Head of the delegation, along with several accompanying members, Invest Gate Reports.

Valero Developments Introduces White Mall in Obour City, Expanding Investment Portfolio to EGP 630 Million

Valero Developments has announced the launch of its newest venture, White Mall, situated in Obour City, as part of the company's ambitious growth and investment strategy, Invest Gate Reports.

Madinet Masr Secures EGP 9 Billion Joint Financing to Support Taj City and Sarai Projects

Madinet Masr, listed on the Egyptian Stock Exchange under the ticker (MASR.CA), has announced a significant achievement in securing a medium-term revolving joint financing facility amounting to EGP 9 billion, Invest-Gate reports.

TOREC and Jumla Market Join Forces to Launch First Hypermarket in New Alamein

TOREC Developments, a prominent construction firm under the New Urban Communities Authority, has signed a significant contract valued at EGP 450 million with the Jumla Market chain. This agreement marks a milestone as it will pave the way for the establishment of the first hypermarket in the historic city of New Alamein, aiming to enhance services and ensure year-round operation, Invest-Gate reports.

Mamsha Ahl Misr Attracts 2 Million Visitors by Last November, Strengthening Its Position as a Global Tourist Destination

Counsel Masters, a leading company in managing and marketing commercial and touristic centers and projects, revealed that the first phase of “Mamsha Ahl Misr” on the Nile in Cairo has received about two million visitors from the beginning of the year until the end of November, Invest-Gate reports.

JLL Highlights Increasing Number of Apartments Sold in Saudi Arabia Alongside Rising Tourist Arrivals

A new report from JLL has revealed the outlook for the Saudi real estate market in light of Saudi Arabia’s Vision 2030, which focuses on continuous development and government initiatives such as the Sakani Program and the Real Estate Development Fund aimed at increasing citizens’ home ownership rates, Invest-Gate reports.

Beltone Announces Board Approval for Additional Capital Increase of EGP 10.75 Bn to Drive Expansion, Growth Strategy

Beltone Holding announces that its Board of Directors has approved proceeding with all legal and regulatory procedures to increase the company’s capital by EGP 10.75 bn, Invest-Gate reports.

Driving Development Through Strategic Collaborations NAIA Developments Joins Forces with Vodafone Egypt to Launch ‘Triple Play’ Services Across Its Projects

NAIA Developments has forged a strategic partnership with Vodafone Egypt to introduce cutting-edge high-speed internet, digital television, and landline services—collectively referred to as "Triple Play"—across its various developments. This groundbreaking collaboration aims to integrate smart home technologies and state-of-the-art communication solutions, significantly improving the living experience for residents, Invest-Gate reports.

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