News / Egypt

IDG Holds Community Consultation for e2 New October Industrial Complex

Industrial Development Group (IDG) held a community consultation session for the e2 New October Industrial Complex, highlighting sustainability, transparency, and EGP 4.8 billion in investments.

Record-Breaking Progress: MAG Finalizes LÁ REVÁ Site Testing and Advances Regulatory Approvals within 90 Days

In a record-breaking timeframe of less than three months, Mithaq Arab Group (MAG) has announced the completion of soil testing and geotechnical investigations for its flagship project, LÁ REVÁ, located in Egypt’s New Capital (NAC). Following the official land handover, the group has already commenced site leveling and grading works, while simultaneously finalizing the first phase of procedures to obtain the Ministerial Decree, Invest-Gate reports.

Ovalo Developments Launches OVALO Mall in El Shorouk with EGP 1B Investment

Ovalo Developments launches its first project, OVALO Mall in El Shorouk, a commercial, administrative, and medical hub with EGP 1B investment and EGP 3B targeted sales.

BUILDEX Developments raises construction rates at Eden Park project to 25%

BUILDEX Developments reaches 25% construction completion at its Eden Park villa project in west Cairo’s Green Belt, reflecting strong execution, financial readiness, and long-term growth plans

Gosour Developments Commences Construction of Triple Hub, Shorouk City’s Largest Integrated Mega Mall

Gosour Developments has announced the commencement of construction works for its latest project, Triple Hub, described as the first and largest true mega mall in Shorouk City. The project represents total investments of EGP 3.5bn and spans an area of 20,000 sqm, as part of the company’s strategy to expand its portfolio of integrated commercial and service developments in East Cairo, Invest-Gate reports.

After the Success of Phase One… Emaar Misr Opens Booking for Phase Two of Marassi Red Sea

Emaar Misr for Development, a subsidiary of Emaar Properties PJSC, announced the opening of bookings for the second phase of the Marassi Red Sea project, one of the largest integrated tourist developments on the Red Sea coast. This follows the remarkable success of the first phase and the strong customer demand since the project’s launch, while construction work on the first phase at the site has already begun, Invest-Gate reports.

MIDAR Celebrates 20th Anniversary at the Opera with New Investments Reaching EGP 200 Billion in One Year

MIDAR for Investment and Urban Development, the master developer of "Mostakbal City" and "MADA" in New Cairo, organized a grand celebration at the Egyptian Opera House, attended by an elite group of ministers, officials, media figures, businessmen, and artists. The event featured a performance by the great artist Majida El Roumi accompanied by the world-renowned maestro Nader Abbassi, to mark the company's 20th anniversary, Invest-Gate reports.

Titan Egypt Participates with Its Pressure Reduction Station to Support Natural Gas Supply Stability and Enhance Sustainable Development

As part of its commitment to supporting the local community, enhancing the stability of vital services, and reinforcing its role in promoting sustainable development, Titan Egypt – Alexandria Portland Cement announced its participation through the pressure reduction station located within its plant in the Mex area to support the natural gas distribution system in the region, particularly during periods of peak consumption, Invest-Gate reports.

Robin and The American University in Cairo Collaborate to Develop Egypt’s Next Generation of Data Science Talent

Robin, the data science and artificial intelligence arm, wholly owned by Beltone Holding, has signed a memorandum of understanding with The American University in Cairo to collaborate on talent development, academic engagement, and applied research in data science and AI, Invest-Gate reports.

GAFI: Investment Licenses Are Now Easier and Faster Online

The General Authority for Investment and Free Zones (GAFI) continues its efforts to raise awareness about the Investment Licensing Electronic Platform, officially launched as a key tool to facilitate investors in obtaining the licenses required to conduct their investment activities, Invest-Gate reports.

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