News / Egypt

Saudi Housing Support Sees 16% Growth in 2024 Real Estate Financing

The Saudi Real Estate Development Fund (REDF) reported a 16.4% increase in real estate financing for beneficiaries of housing support programs in 2024, reaching SAR 62.9 bn compared to SAR 54 bn in 2023, Invest-Gate reports.

Government Pushes Forward Maspero Triangle Development

Sherif El Sherbiny, Minister of Housing, Utilities, and Urban Communities, and Ibrahim Saber, Governor of Cairo, led a steering committee meeting to accelerate the progress of the Maspero Triangle development project, Invest-Gate reports.

Mohamed Talaat Architects Named Engineering Consultant for Elsewhere’s Real Estate Project “The One” in Alexandria

Elsewhere Company has announced its contract with Mohamed Talaat Architects as the architectural and general consultant for “The One” project, Invest-Gate reports.

Nile Developments Launches Second Phase of Iconic Nile Boulevard Project

Nile Developments, a leading company specializing in skyscrapers in Egypt, has announced the launch of the second phase of its Nile Boulevard project on Suez Road in New Cairo, Invest-Gate reports.

Al Amaken Developments Unveils ‘Rouh Zayed’ Project in Sheikh Zayed City”

Al Amaken Developments has announced the launch of its latest project, Rouh Zayed, strategically located in the heart of Sheikh Zayed City, Invest-Gate reports.

Ahl Misr Walk: A New Global Tourism Destination on the Nile

From its inception as a vision to transform Cairo’s Nile Corniche into a modern urban and tourist promenade, the Ahl Misr Walk has become a landmark project since its inauguration in March 2022, Invest-Gate reports.

Prime Minister Reviews Status of Lands, Development Works on North West Coast

The Prime Minister, Dr. Mostafa Madbouly, held a meeting to review the status of lands and development works in the North West Coast, Invest-Gate reports.

MG Developments Acquires Ain Sokhna Hospitality Services Company, Announces New Project for 2025

MG Developments has finalized the acquisition of Ain Sokhna Hospitality Services Company, marking a strategic expansion in one of Egypt's most sought-after coastal regions, Invest-Gate reports.

Beltone Investment Banking Acts as Sole Financial Advisor on the $180 Mn Equity, Debt Raising for MAFI for Agricultural Produce Industries

Beltone Investment Banking has successfully concluded its advisory role in securing $180 mn in funding for MAFI to establish the Middle East's largest agri-food complex in Sadat City, Invest-Gate reports.

Egypt Completes Major Water, Sanitation Projects in 2024

Sherif El Sherbiny, Minister of Housing, Utilities, and Urban Communities, announced the completion of several water and sanitation projects in 2024, implemented by the National Authority for Potable Water and Sanitation, Invest-Gate reports. These initiatives are part of the government’s efforts to enhance infrastructure, improve water and wastewater services, and elevate living standards across Egypt.

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