News | Egypt
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El Mostakbal Donates EGP 5 mn to Tahya Misr Fund
Tuesday, 14 July 2020
El Mostakbal for Urban Development has donated EGP 5 mn to Tahya Misr Fund, in an attempt to support the Egyptian government’s efforts in mitigating the impact of COVID-19 headwinds.
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Misr Italia Kicks off EGP 1 mn Coronavirus Response Initiative
Tuesday, 2 June 2020
Misr Italia Properties (MIP), in collaboration with different civil society organizations, kicked off the "A Message of Hope" initiative in the wake of the novel Coronavirus crisis, aiming to support and advocate high-risk individuals with EGP 1 mn worth of donations.
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Arkan Plaza Rolls Out Egypt’s 1st Drive-Thru Donation
Sunday, 31 May 2020
West Cairo's Arkan Plaza is reopening for a good cause by inviting guests to cruise through the development's parking lot as a part of a drive-thru charity, whereas all donations will be directed to workers relying mostly on tips for income.
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Developers
Mountain View’s Latest West Cairo Project Logs EGP 1 bn Sales
Thursday, 21 May 2020
Egypt's property developer Mountain View has launched "MV Park - The Lake," its latest residential project in 6th of October City, generating sales totaled at EGP 1 bn.
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SODIC Equips 3 Hospitals to Scale Up Coronavirus Readiness
Tuesday, 19 May 2020
In cooperation with Egypt's Ministry of Health, Sixth of October Development and Investment Company (SODIC) has equipped three public hospitals nationwide, in an attempt to make more room for COVID-19 patients.
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Events
Invest-Gate Releases Recommendations for Smart Real Estate Market Post-Pandemic
Monday, 18 May 2020
Invest-Gate wrapped up its first virtual roundtable on May 17, titled “Smart Real Estate Market Amid COVID-19,” tapping the knowledge and experience of local real estate gurus and creating a blueprint of smart solutions fit for real estate recovery and a future beyond the pandemic.
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Developers
Tatweer Misr Completes 70-80% of Building Works While Committing to Workers Safety
Sunday, 17 May 2020
Tatweer Misr has completed 70-80% of construction works at projects' sites, continuing to work under new safety guidelines and precautionary measures to guard against Coronavirus, reveals its President and CEO Ahmed Shalaby, at Invest-Gate's first virtual roundtable, called "Smart Real Estate Market Amid COVID-19."
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Government
NUCA Extends Deadline for Land Payments: Expert
Sunday, 17 May 2020
Mena Group Founder and Vice-Chairman of Egypt Businessmen’s Association (EBA) Fathallah Fawzy has confirmed that the government signed off on the real estate developers' request to extend the deadline for all land installments by six additional months, at Invest-Gate's "Smart Real Estate Market Amid COVID-19" roundtable.
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Developers
Mountain View Addresses Occupational Safety & Health to Combat Coronavirus
Sunday, 17 May 2020
Mountain View has worked on a protocol for occupational safety and health amidst the Coronavirus pandemic, in an attempt to provide ultimate protection in workplaces and construction sites, reveals its Chairman Amr Soliman at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."
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Business
Smart Real Estate Seen a Boon for Home Hunters Amid Uncertainties
Sunday, 17 May 2020
Demand for real estate tech and virtual services (i.e. augmented reality (AR), virtual reality (VR), 360° virtual panoramic tours, etc.) is forcefully surging in Egypt more than ever before, in efforts to boost sales and revive demand amidst heightened volatility due to the Coronavirus crisis, as highlighted at Invest-Gate's first virtual roundtable "Smart Real Estate Market Amid COVID-19."
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