News / Egypt

Banque Misr Signs Escrow Account Contract with MIDAR and SODIC for Eastvale Project in New Cairo

Banque Misr signs escrow Contract with MIDAR and SODIC for Eastvale in New Cairo, boosting financial efficiency and supporting digital transformation

A New Chapter in the Development Journey of Alburouj Sports Club

Alburouj Sports Club is launching the second phase of its development over an area of 5 feddans, in collaboration with L35, which developed the design vision and full preliminary architectural design and overall site planning, with participation from Beit Al Sharq as the main contractor for execution works.

Town Group Development to Launch New Commercial Projects in Q2 2026

Town Group Development launches new commercial projects in West Cairo in Q2 2026, expanding its portfolio to 9 projects in strategic locations.

Dubai Development Launches a Strategic Media Partnership with AEMP in Support to Spark Mall

Dubai Development company for real estate development, announced signing acontract with AEMP, a company specializing in media content and documentary production, to execute a comprehensive package of promotional and media works for its latest project "Spark Mall" in 10th of Ramadan Cityr, Invest-Gate reports.

TAMADON Developments Unveils Operations with a Strategic Vision to Transform Egypt’s Hotel Investment Landscape

TAMADON Developments announced the launch of its operations in Egyptian market as a company exclusively specialized in hospitality investment, aiming to introduce a distinct and non-traditional model for managing and developing hospitality projects, in line with the rapid changes in tourism and hospitality sector, Invest-Gate reports.

Arab Bank Group Profits Grow to USD 276 Million for the First Quarter of 2026

Arab Bank Group reports USD 275.8M net profit in Q1 2026, with strong growth in assets, loans, deposits, and solid capital and liquidity positions.

Mercon Developments Partners with BirdNest to Manage and Operate Dayz Project in the North Coast

Mercon Developments has signed a partnership agreement with BirdNest to provide hotel management and operation services for its latest project in the North Coast, “Dayz”, Invest-Gate reports.

Actual Execution Begins on G West Project in Sheikh Zayed After Securing Full Licenses

Engineers Developments starts construction on G West in Sheikh Zayed after securing full licenses, offering a low-density, fully integrated residential community.

Minor Hotels Signs Anantara Somabay Resort & Residences on Egypt’s Red Sea

Minor Hotels, a global hospitality leader with more than 640 properties in operation and committed development across 63 countries including Asia Pacific, the Middle East, Africa, Europe and the Americas, has announced the signing of Anantara Somabay Resort & Residences, marking a significant milestone in the group’s strategic expansion in Egypt, Invest-Gate reports.

Monterra Developments Launches Monterra Bay in Egyptian-Russian Partnership with EGP 25bn Investments

Monterra Developments has officially announced its launch in Egypt’s real estate market through a pioneering Egyptian-Russian partnership, the first of its kind in the sector.
The company also revealed its first project, Monterra Bay, located in North Coast, with total investments of EGP 25bn, marking a strong market entry backed by extensive engineering and execution expertise, Invest-Gate reports.

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