News / Investment

Nawassy Developments Eyes Expansion in West Cairo, North Coast

Nawassy Developments is actively pursuing expansion opportunities in West Cairo and the North Coast, after the successful launch of the 3sides shopping mall in East Cairo, according to the company's CEO and Managing Director Hossam Soliman.

Beltone Rebrands BelCash To Seven, Achieves EGP 1.3 Bn Portfolio in 5 Months

Beltone Financial Holding, a rapidly growing institution, announced its consumer finance subsidiary BelCash's strategic rebrand to seven, Invest-Gate reports.

NAIA’s Value Drives Record Sales Across Egypt Properties

Egyptian developer NAIA Developments reported strong sales and construction milestones at its North Coast and New Capital projects, reflecting robust consumer demand, Invest-Gate reports.

Knight Frank Report: 94% of GCC Investors Eyeing Egyptian Real Estate Market for Investment Opportunities

According to the inaugural "Destination Egypt" report by Knight Frank, a global real estate consulting company, 94% of investors in the Gulf Cooperation Council (GCC) countries who possess more than USD 1 mn in investment assets express interest in purchasing real estate in Egypt, and 56% of these investors intend to make their purchases during 2023, Invest-Gate reports.

Dubai Real Estate Sales Soar 50% to AED 102 Bn During Summer

W Capital Real Estate has witnessed a record surge in real estate sales in Dubai during the summer of 2023, reaching the highest level in its history at AED 102 bn, Invest-Gate reports

Chinese Real Estate Stocks Drop Due to Concerns Over “Evergrande”

Chinese real estate stocks slid on Monday as investor sentiment was negatively impacted by the last-minute cancellation of meetings between the troubled China Evergrande Group and its major creditors, along with the company's announcement that it needs to reassess its restructuring plan, Invest-Gate reports.

Sky Abu Dhabi Hits Strong Sales at Cityscape 2023

Sky Abu Dhabi Developments, the real estate arm of UAE's Diamond Group, saw sales of EGP 600 mn from 80 units over four days at Cityscape Egypt 2023, one of the country's largest property shows, Invest-Gate reports.

Orascom, Metito Consortium Secures $2.2 Bn for Abu Dhabi Seawater Project

Abu Dhabi, UAE - Orascom Construction and Metito, in collaboration with Abu Dhabi National Oil Company PJSC (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA), have achieved financial close at an impressive pace for a large-scale seawater treatment and water transportation project in Abu Dhabi, Invest-Gate reports.

NCB Developments Contracts With Moharram – Bakhoum To Supervise Its Projects In NAC

NCB Developments announced its contract with Arab Consulting Engineers Moharram - Bakhoum, to supervise the implementation of engineering and architectural designs for the Verti and InnoView projects in the New Administrative Capital (NAC), Invest-Gate reports.

Dubai Real Estate Market Surges with AED 8 bn in Weeklong Transactions

Real estate transactions in Dubai Land Department during the current week amounted to more than AED eight bn, Invest-Gate reports.

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