News / Investment

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.

UC Developments Concludes Promotional Roadshow in Saudi Arabia, Qatar for 2023

UC Developments, a leading real estate company, has successfully wrapped up its promotional campaign for 2023 at international exhibitions, Invest-Gate reports.

Urbnlanes Developments Launches “Yellow Lane” in New Cairo

Urbnlanes Developments has announced the launch of its "Yellow Lane" Project in the prime and most desirable location in New Cairo City. The project's site is known for its easy accessibility and convenience, Invest-Gate reports.

Real Estate Prices in Saudi Arabia Rise 0.7% in Q3

The general index of real estate prices in the Kingdom of Saudi Arabia rose by 0.7% year-on-year (YoY) in the third quarter of 2023, Invest-Gate reports.

Palm Hills Developments Awards Construction of Three Buildings to Dorra Contracting

Palm Hills Developments, Egypt's leading real estate developer, on Monday, announced that it awarded the construction works of three buildings spanning an area of 30,000 sqm in its flagship commercial project Palmet in Palm Hills New Cairo to Dorra Contracting, Invest-Gate reports.

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