News / Investment

Rock Developments Appoints JLL to Manage Rock Capital 1 in the New Administrative Capital

Rock Developments signed an agreement with JLL to manage Rock Capital 1 in NAC, Invest-Gate reports.

Fawry and Ottu Partner to Revolutionize Egypt’s Online Payment Sector

Fawry, Egypt’s leading fintech company, has signed a Mutual Collaboration Agreement (MCA) with Ottu, a top Online Payment Management System (OPMS) provider in the Middle East, Invest-Gate reports.

Mountain View Aims for Record EGP 150 bn Sales in 2025, Injecting EGP 50 bn in Investments

Mountain View Development has announced ambitious targets for 2025, aiming to achieve EGP 150 bn in sales while investing EGP 50 bn, including EGP 18 bn dedicated to ongoing construction works, Invest-Gate reports.

MIDAR Donates EGP 15 mn to Support Medical Needs at Ain Shams Medical City and Demerdash Hospital

MIDAR for Investment and Urban Development, the master developer behind Mostakbal City and MADA in East Cairo, has announced a donation of EGP 15 mn to Ain Shams University Medical City and Demerdash Hospital, Invest-Gate reports.

Banque Misr Grants EGP 2.6 Bn Credit Facility to Hyde Park Developments for Seashore Project in the North Coast

Banque Misr recently signed a credit facility contract with Hyde Park Developments for a medium-term loan of EGP 2.6 bn to finance part of the investment cost of the Seashore project in the North Coast, Invest-Gate reports.

Arab Developers Holding Establishes a Strategic Partnership with Nasaaem Medical to Launch a Medical Center at Park Mall in Nyoum New Cairo

Arab Developers Holding, one of the leading real estate development companies, has signed an agreement with Nasaaem Medical Group to establish a state-of-the-art medical center at Park Mall within Nyoum New Cairo project, Invest-Gate reports.

TOREC Developments Reports EGP 3.18 bn in Sales and EGP 87 mn Net Profit for 2024

El Tameer Developments (TOREC Developments), a subsidiary of the New Urban Communities Authority (NUCA), has announced its financial results for 2024, achieving contracted sales of EGP 3.18 bn, Invest-Gate reports.

Babylon Urban Development Partners with MRB To oversee the management and operation of Senator and Heritage projects

Babylon Urban Development, a leading developer in the Administrative District, has signed a strategic agreement with MRB Holding, the top facility management consultancy of 2024, to oversee the management and operation of Senator Twin Tower and Heritage, both located in the Administrative District of the New Administrative Capital, Invest-Gate reports.

Beltone SMEs Joins Global Forum to Enhance SME Financing and Innovation

Beltone SMEs has joined the SME Finance Forum, a global alliance managed by the International Finance Corporation (IFC), a member of the World Bank Group, Invest-Gate reports.

PM Madbouly Inaugurates Expansion of Construction Materials Factory in Ain Sokhna

Prime Minister Mostafa Madbouly inaugurated the expansion of C-Board, formerly known as Sinopat for Building Materials, during his tour of the integrated industrial zone in Ain Sokhna, Invest-Gate reports.

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