News / Investment

Morshedy Group Acquires Iconic Zamalek Tower in EGP 2.5 bn Investment

Morshedy Group has announced the acquisition of the iconic Zamalek Tower, previously owned by a major state-owned bank, for EGP 750 mn, Invest-Gate reports.

Emaar Misr Launches New Phase of Belle Vie in New Sheikh Zayed

Emaar Misr Properties has announced the launch of a new phase in its Belle Vie project in New Sheikh Zayed, offering flexible payment plans for a limited period, Invest-Gate reports.

Madinet Masr Partners with Dino Activations as Official Sponsor of “Disney on Ice” in Cairo, Celebrating a Global Tour That Captivated Over 1.5 Million Fans

Madinet Masr, one of Egypt’s leading real estate developers, has announced a strategic partnership with Dino Activations, the exclusive local partner of Disney shows, in collaboration with Feld Entertainment, the global entertainment giant, Invest-Gate reports.

Somabay Partners with Marriott International to Introduce Autograph Collection Hotels to the Destination

Somabay has announced the signing of an agreement with Marriott International to bring the renowned Autograph Collection Hotels brand to Somabay, Egypt, Invest-Gate reports.

Golden Gate Achieves EGP 23 Bn in Cumulative Sales as REDCON Properties Sets New Industry Benchmark

REDCON Properties, a subsidiary of REDCON Group, has announced record-breaking sales for 2024, reaching EGP 12 bn, which brings its cumulative sales to EGP 23 bn since the launch of the Golden Gate project in 2022, Invest-Gate reports.

SODIC Reports Record EGP 50.3 bn in Sales, Net Profit Up 84% in 2024

SODIC has posted exceptional results for 2024, reporting a record EGP 50.3 bn in gross contracted sales, marking a 66% year-on-year increase from EGP 30.26 bn in 2023, Invest-Gate reports.

Al Khalij Development Launches Sun Gate in New Zayed as Part of Expansion Plan

Al Khalij Development has unveiled its latest project, Sun Gate, in a prime location in New Zayed City, as part of its broader expansion strategy for West Cairo in 2025, Invest-Gate reports.

Hassan Allam Holding Launches Jinet Agriculture, Expands Agricultural Land Portfolio

Hassan Allam Holding has announced the launch of Jinet Agriculture Corporation, a new subsidiary aimed at boosting agricultural productivity and sustainability in the region, Invest-Gate reports.

Industry Minister, French Ambassador Tour Schneider Electric’s New Expansions in Badr City to Boost Investment

Egypt’s commitment to supporting local and foreign investment was reaffirmed as Major General Engineer Kamel Al Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, and Éric Chevallier, French Ambassador to Cairo, toured Schneider Electric’s Badr City plant, Invest-Gate reports.

Slvr Communities Enters Egypt’s Real Estate Market with RVR, Eyes EGP 30bn Investment Over Five Years

Slvr Communities has officially entered Egypt’s real estate market, announcing an ambitious EGP 30 bn investment plan over the next five years, Invest-Gate reports.

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