News / Investment

Winvestor Development Gets Permits for ‘I Sheraton’ in Heliopolis, Construction Set for Q2 2024

Winvestor Real Estate Investment and Development has obtained building permits numbered 294, 295, 296, and 297/M/2024 for the land plot of the "I Sheraton" project, the first smart compound in the Arab Meeting District division in Sheraton, Masr El Gdida, Invest-Gate reports.

Savills Egypt: Recent CBE Decisions Set to Reshape the Local Real Estate Market

Savills Egypt, the local office of the leading global real estate advisor, has unveiled its initial insights into the potential impacts of recent decisions by the Central Bank of Egypt (CBE) on the country's real estate sector, Invest-Gate reports.

Deputy Housing Minister, South Korean Officials Hold Talks on Badr City Project

Deputy Housing Minister Abdul Khalek Ibrahim convened an extensive meeting with representatives from South Korea's Ministry of Land and Infrastructure, several specialized consultancy offices in smart cities, Invest-Gate reports.

Saudi Real Estate Fund Bolsters Homeownership with SR963 Mn for Sakani Program

Homeownership in Saudi Arabia is poised to increase as the Real Estate Development Fund (REDF) has deposited SR963 mn into the accounts of Sakani beneficiaries for March, Invest-Gate reports.

Dubai Real Estate Sales Reach AED8.1 bn in One Week

Dubai's real estate market witnessed a total of AED13.78 bn in transactions for a week, resulting from 3,933 deals, according to data released by the Dubai Land Department, Invest-Gate reports.

Lasirena Group Prepares to Deliver 1,700 Units During 2024

Lasirena Group has maintained its track record of achieving the highest implementation rates across its projects in the North Coast, Ain Sokhna, Sharm El Sheikh, Ras Sedr, and Cairo, Invest-Gate reports.

Akam Developments Spreads Joy in Charities Throughout Ramadan

Akam Developments, in line with its societal role and its strategy to spread happiness and joy within its urban projects specifically and in society in general, has launched its special initiative to spread happiness and delight in several social, charitable, and volunteer institutions in Egypt, coinciding with the blessed month of Ramadan, Invest-Gate reports.

AL QAMZI Developments, Dar Alalamia Construction Seal EGP900 Mn Deal for ‘Seazen’ Phase Two

AL QAMZI Developments has solidified a crucial partnership with Dar Alalamia Construction to commence the second phase of the esteemed "Seazen" project on Egypt's North Coast, Invest-Gate reports.

UAE Construction Market Reaches $94 Bn in 2023

The UAE construction market, which was estimated to be worth $94 bn in 2023, is projected to experience a 3 percent annual average growth rate (AAGR) from 2025 to 2028, Invest-Gate reports.

Orascom Development Egypt Unveils FY 2023 Consolidated Financial Results

ODE's fiscal year 2023 saw a significant surge in net profit, climbing by 63.5% year-on-year to reach EGP3.1 bn, Invest-Gate reports.

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