News / Investment

Misr Italia Properties’ Contractual Sales Soar 57% YoY in 9 Months

Egyptian real estate developer Misr Italia Properties has announced it has exceeded its full-year 2023 sales target in just the first nine months, achieving over EGP 11 bn in contractual sales, recording a 57% year-on-year surge, Invest-Gate reports.

El Wardany Developments Launches Its 14th Project in New Cairo’s Sixth District

El Wardany Developments, one of the leading real estate companies in the Egyptian market, has announced the launch of its 14th project in the Sixth District of New Cairo, Invest-Gate reports.

Magnom Properties, Designworks Join Forces to Revolutionize Sustainable Design in the Middle East

Magnom Properties, a subsidiary of Rawabi Holding in Saudi Arabia, recently forges a significant partnership with Designworks, a renowned innovation studio under BMW Group, to enhance the exterior and charging experience of the ambitious Forbes International Tower, Invest-Gate reports.

Assistant Minister of Housing Leads Coordination Meeting for WUF12 Organizing Committee in Cairo 2024

Abdul Khaliq Ibrahim, Assistant Minister of Housing for Technical Affairs, chaired a coordination meeting for the main organizing committee of the 12th edition of the World Urban Forum, WUF12, scheduled in Cairo in November 2024, Invest-Gate reports.

Saudi Egyptian Real Estate Conference to Kick Off on 23 November

Egypt's Minister of Housing, Utilities and Urban Communities Assem El-Gazzar and his Saudi counterpart will open the Saudi Egyptian Real Estate Conference (SEREC), which will be held on the sidelines of the 11th Nile Property Expo exhibition on Thursday, 23 November, Invest-Gate reports.

Dubai Real Estate Poised for Green Transition on Sustainability Drive: W Capital CEO

Dubai offers a unique sustainable real estate model leading the region and among the best globally, Invest-Gate reports, citing Walid Al Zarooni, CEO of W Capital.

SODIC Partners with EME on Largest African Residential Solar Project

Egyptian developer SODIC partnered with solar firm EME to install 400 rooftop panels at the VYE mixed-use project in West Cairo, Invest-Gate reports.

Housing Ministry: Commercial Units for Sale in Sheikh Zayed City, Other Units Sold in Akhmem Al Gadida City

The Sheikh Zayed City Development Authority has announced offering 13 commercial units with areas ranging from 18 sqm to 90 sqm, beneath residential buildings in District 13, for public auction on Wednesday, November 29, 2023, Invest-Gate reports.

NUCA Deputy Chairman Reviews New Cities’ Investment Plans 

Walid Abbas, deputy chairman of the New Urban Communities Authority (NUCA), convened a meeting of the investment management and support unit, following directives from Minister of Housing Assem El-Gazzar, Invest-Gate reports.

Schneider Electric Increases Investments in Egypt with €8 mn in 2023

Schneider Electric, the prominent figure in the digital transformation of energy management and automation, has declared its intentions to bolster its investments in the local market by an additional €8 mn in 2023, Invest-Gate reports.

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