News / Investment

Madinet Masr’s 9M Profit Reaches Record High Amid Robust Sales Growth

Madinet Masr, a prominent urban community developer in Egypt, reported record-breaking financial results for the first nine months of 2024, driven by the successful launch of new projects, Invest-Gate reports.

Awad to Discuss African Cooperation with UCLG Secretary-General

Minister of Local Development Manal Awad met with Jean Pierre Elong Mbassi, Secretary-General of the United Cities and Local Governments of Africa (UCLG Africa), during the 12th World Urban Forum held in Cairo from 4-8 November, Invest-Gate reports.

IMF Loan, FDI Boost Egypt’s Real Estate Market, Says JLL Report

Egypt’s path to macroeconomic stability, driven by foreign direct investment (FDI) and a recent USD 820 million loan from the International Monetary Fund (IMF), is sparking growth in Cairo’s real estate market, according to JLL’s Cairo Market Dynamics Overview for Q3 2024, Invest-Gate reports.

Marquee Developments Enters Egypt’s Market with European Investment

Marquee Developments, backed by European-Egyptian investment, has launched its operations in Egypt with a series of development projects nationwide, Invest-Gate reports.

Arab Developers Holding Posts Strong Financial Results for Q3 2024

Arab Developers Holding reported positive financial results in Q3 2024, driven by flexible management strategies and a focus on meeting diverse customer needs, Invest-Gate reports.

BroMan Real Estate Targets EGP 2 bn in Sales as It Enters Egyptian Market

BroMan Real Estate has announced its official entry into the Egyptian real estate market with an ambitious sales target of EGP 2 bn by 2025, Invest-Gate reports.

El Batal Launches Rock Developments with EGP 6 bn Investment for Global Expansion

El Batal Real Estate is set to launch its new subsidiary, Rock Developments, with an initial investment of EGP 6 bn, Invest-Gate reports.

Binghatti to Launch Second Phase of Luxury Skyrise Project with Historic Event at Pyramids of Giza

Following the overwhelming success of Binghatti Skyrise’s initial launch in Dubai, where half of the units sold out on the first day, Binghatti is preparing to unveil the project's second phase with a landmark event on November 8, set beneath Egypt's iconic Pyramids of Giza, Invest-Gate reports.

City Edge Unveils New Phases in New Garden City

City Edge Developments has announced the launch of two new phases, “Verandas” and “Centria,” within the prestigious New Garden City project in Egypt’s New Administrative Capital, Invest-Gate reports.

Egypt Prioritizes Local Resource Mobilization for Urban Development

Minister of Local Development Manal Awad highlighted Egypt’s commitment to enhancing public services and facilities across governorates to improve citizens' quality of life through locally implemented development plans, Invest-Gate reports.

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