News / Investment

Emirates NBD Egypt Expands with New Nile City Branch to Enhance Customer Experience

Emirates NBD Egypt has officially opened its new Nile City branch in Cairo, marking a significant step in its expansion strategy. The branch has relocated from the northern building to the southern building of Nile City Towers, featuring double the previous space. This upgrade allows the bank to accommodate a larger customer base and deliver a more seamless and advanced banking experience, Invest-gate reports.

Schneider Electric’s Cairo Headquarters Achieves SmartScore Platinum Certification, Pioneering Sustainable Smart Building Standards

Schneider Electric is proud to announce that its headquarters in Cairo, Egypt, has become the first facility in its global operations to achieve the prestigious SmartScore Platinum certification. This milestone highlights the building as a leading example of a smart and sustainable structure, reinforcing Schneider Electric's dedication to advancing innovative technologies in energy management and automation, Invest-Gate reports.

Jadeer Group Unveils Expansion Strategy and Key Partnerships for 2025, and EGP 10 Billion Targets in Sales

Following a successful performance in 2024, where Jadeer Group met its sales and project implementation targets, Eng. Mahmoud Abu Al-Khair, the Chairman of the Board of Directors, shared insights into the company's future direction. He highlighted an integrated approach for growth in the Egyptian market, which will involve forming numerous strategic partnerships with both local and international organizations. This collaboration aims to enhance the quality of services offered across the group's projects, Invest-Gate reports.

Majid Al Futtaim Opens First Supeco Store in Fayoum, Advancing Expansion Strategy in Upper Egypt

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, has announced the opening of its latest Supeco store, the first in the Fayoum Governorate, with investments exceeding EGP 36 mn, Invest-Gate reports.

Hilton Plans to Open 25 New Hotels in Egypt

Hilton aims to triple its presence in Egypt, with plans to open 25 hotels across the country in the next few years, including the signing of more than 10 new properties under the global hospitality company’s award-winning brands, Invest-Gate reports.

Prime Minister Monitors Development Progress in Ras El Hekma and Resettlement of Families in Shams El Hekma Area

Dr. Mostafa Madbouly, the Prime Minister of Egypt, held a meeting today to assess the progress of development projects in Ras El Hekma and the resettlement of families within the Shams El Hekma area, Invest-Gate reports.

“Lusail: Margins Developments’ 15 Billion EGP Investment in New Cairo”

Eng. Ashraf Shahin, the Vice Chairman of Margins Developments, noted that the project spans 35 feddans, with a construction ratio of just 16% of the total area, leaving ample green spaces for residents to enjoy, Invest-Gate reports.

TOREC Developments Has Launched Construction Projects Worth 750 Million EGP in 2024

TOREC Developments, a subsidiary of the New Urban Communities Authority, has intensified its construction activities on various projects it is developing for itself and for the Authority throughout 2024, Invest-Gate reports.

Belton Leasing and Factoring Strengthens Its Regional Role by Joining FCI

Belton Leasing and Factoring, a subsidiary of Belton Holding, has officially announced its membership in FCI, a leading global entity representing factoring services and financing for international trade stemming from accounts receivable related to open account transactions, Invest-Gate reports.

The Board of Directors of the New Urban Communities Authority has approved a mechanism to manage shops located in areas with low population density.

During a meeting chaired by Eng. Sherif El-Sherbiny, the Minister of Housing, Utilities, and Urban Communities,
a mechanism to manage shops located in areas with low population density was approved. This step comes to enhance the delivery of various services to residents of new cities, boost attractiveness, and increase occupancy rates, Invest-Gate reports.

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