News / Investment

El-Gazzar Pushes for Speedy Project Completion During New Alamein City Visit

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar held a meeting at the headquarters of the New Alamein City Authority for the third consecutive week to follow up on the progress of ongoing projects in the city, Invest-Gate reports.

Scope Developments Contracts with Incomercial for Zoom Plaza Management

Scope Developments, one of Egypt's leading real estate development companies, has announced its contract with Incomercial to manage, operate, and lease the Zoom Plaza project in the New Cairo South Academy district, Invest-Gate reports.

Winvestor Development Signs Contract with PTC for Sheraton Project Implementation

Winvestor Development has signed a contract with Post Tension Contracting (PTC), a specialized company in modern construction technology, to carry out the I Sheraton project in New Cairo using post-tensioned concrete, Invest-Gate reports.

MIDAR Launches MERCATO District, Mostakbal City’s Largest Service Area

MIDAR, the leading city development company, announced the launch of the MERCATO district, one of the largest integrated service areas in Mostakbal City, Invest-Gate reports.

Egyptian Social Housing Fund Extends Deadline for Low-Income Housing Reservation Transfers to 31 Oct

Mai Abdel Hamid, CEO of Egypt's Social Housing and Mortgage Finance Fund, has announced an extension of the deadline for reservation transfers for available units under the presidential initiative "Housing for All Egyptians" to Tuesday, October 31, 2023.

Egypt’s Real Estate Development Chamber to Participate in International Manufacturing Exhibition

Under the auspices of President Abdel Fattah El-Sisi, the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI) said it will take part in the second edition of the Annual International Manufacturing Convention and Exhibition between 28 and 30 October, Invest-Gate reports.

Infinity Power Aims for 10GW Target by 2030

Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar, has emerged as the world's fastest-growing renewable energy company, Invest-Gate reports.

SKY AD. Developments’ Bluetree Project Wins African Property Awards for Best Residential Project

SKY AD. Developments, the real estate arm of the UAE's Diamond Group, announced that its project Bluetree in New Cairo has won the African Property Awards for the category of "Residential Projects with over 20 Units for 2023-2024" as the best residential project in Africa, Invest-Gate reports.

JLL Report: Cairo’s Hospitality Sector Set for Continuous Growth as Egypt Prepares for 15 mn Visitors in 2023

According to JLL's Cairo Real Estate Market Overview Report for Q3 2023, Cairo's occupancy levels continued to show robust growth, reaching 68% in August 2023 compared to 61% during the same period last year, Invest-Gate reports.

Egypt’s Housing Authority Participates in Construction Championship

Waleed El-Baroudi, Head of Egypt's General Authority for Construction & Housing Cooperatives (CHC), took part in the third World Construction Championship in St. Petersburg, Russia, Invest-Gate reports.

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