News / Egypt

Basata Announces the Availability of Cash Deposit and Withdrawal Services for All E-Wallets Across 120,000 POS Locations

Basata, a leading electronic payment services provider in Egypt, announced the launch of a new service allowing users to perform cash in and cash out transactions for all e-wallets through its extensive POS network. Previously, this service was limited to Vodafone Cash users only, Invest-Gate reports.

“Housing Minister: Starting Sunday… Egyptian Expats’ Transfers Accepted for Beit Al-Watan Land Booking

The Ministry of Housing begins accepting bank transfers from Egyptians abroad as credits for booking 3,600 prime land plots in Beit Al-Watan Phase 11.

With Investments of EGP 70 Billion, PARAGON | ADEER Launches “Sumou Boulevard,” the Renewed Urban Destination in New Cairo

El Serafy: We are establishing a new development model with investments of EGP 70 billion (equivalent to USD 1.4 billion).
Rizk: Sumou Boulevard Mixed Use Development spans over 500,000 square meters, enabling the design of a fully integrated urban environment.

As part of a shared regional vision, PARAGON | ADEER, the Egyptian-Saudi alliance combining global-standard development with real estate investment, announced the launch of Sumou Boulevard Mixed Use Development, the renewed urban destination in New Cairo, during a celebration attended by a distinguished gathering of leaders. The project emerges as one of the Middle East’s premier mixed-use destinations, reflecting the alliance’s commitment to delivering a comprehensive development model that aligns with the aspirations of modern cities and meets the needs of the next generation, Invest-Gate reports.

Arkania Developments Expands its Investment Portfolio to EGP 9.4bn, Launches REFAD Project in New Cairo

Arkania Developments unveils its 2026 investment plan and launches REFAD, a new residential project in Golden Square, New Cairo.

Madinet Masr Partners with Baheya Foundation on International Women’s Day to Support New Cairo Breast Cancer Facility

In celebration of International Women’s Day, Madinet Masr (EGX code: MASR.CA) has announced the signing of a strategic partnership agreement to lay of the cornerstone for Baheya’s new facility in the Fifth Settlement, New Cairo. This milestone underscores the company’s commitment to social responsibility and its vision of building sustainable communities centered around people’s well-being. Through its collaboration with Baheya Foundation, Madinet Masr reaffirms its support for Egyptian women’s health by contributing to expanded access to early detection and free breast cancer treatment, Invest-Gate reports.

Fawry and Erada Finance Strengthen Strategic Cooperation to Support the Digital Transformation of Collection and Financing Ecosystem

Fawry activates partnership with Erada Finance to enable secure loan disbursement through its nationwide network, supporting SMEs and financial inclusion.

Minister of Housing Reviews Progress of Utilities and Road Projects in Badr City

Egypt’s Housing Minister Randa El-Menshawy reviews utilities, sewage and road development projects in Badr City, stressing timelines and quality standards.

Mohamed Mounir Sings for Novara Holding in Teaser Campaign

In a move that blends artistic creativity with urban vision, Novara Holding has launched a new artistic work titled “Fi Heta Lohedi… Wel Nile Da Hekayety” (Alone in My Place… The Nile Is My Story), performed by legendary Egyptian singer Mohamed Mounir, Invest-Gate reports

Cornerstone Development Revives Family Bonds in Ramadan 2026 Campaign “El Beit Asl Kol Lamma”

Cornerstone Development’s Ramadan 2026 campaign “El Beit Asl Kol Lamma” celebrates family life and showcases projects in Mostakbal City & New Capital.

Counsel Masters Hosts Iftar Honoring Martyrs’ Families

In a Ramadan atmosphere filled with appreciation and gratitude, Counsel Masters, the operator of the first phase of the Ahl Masr Walkway, organized its fifth annual Iftar to honor the families of martyrs of the Armed Forces and Police, Invest-Gate reports.

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