News / Egypt

Schneider Electric and ADCB Egypt Launch Sustainable Community Development Projects in Marsa Matrouh

Schneider Electric, in collaboration with Abu Dhabi Commercial Bank Egypt (ADCB), has officially inaugurated a series of sustainable community development projects in Ezbit Abu Shahba, Negila, within the Marsa Matrouh Governorate, Invest-Gate reports.

Housing Minister Directs Enhanced Facilities to Process Citizens’ Requests for Largest Land Offering in 20 New Cities

Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, directed ministry officials to facilitate the receipt of citizens’ requests for the largest offering of residential lands for individuals within the “Maskan” program in 20 new cities, totaling 8,521 plots of land, Invest-Gate reports.

Asset Tap Secures Exclusive Contract to Market “Gate Eight” Project with EGP 1 Bn Investment

Asset Tap has announced its exclusive contract to market the “Gate Eight” project, owned by Gate Eight for Project Management, Invest-Gate reports.

Housing, Agriculture Ministers Discuss Key Issues, Strategies to Strengthen Inter-Ministerial Cooperation

Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, and Alaa Farouk, Minister of Agriculture and Land Reclamation, held a meeting today at the Ministry of Housing to discuss several common issues and ways to enhance cooperation between the two ministries, Invest-Gate reports.

Egyptian Developers Accelerates Construction of Jaya East Mall, Prepares for New Project in Shorouk City

Egyptian Developers has successfully implemented a robust construction strategy for the Jaya East project in Shorouk City, achieving a notable 90% completion rate ahead of schedule, Invest-Gate reports.

Madinet Masr and El Hazek Construction Formalize Partnership to Enhance Development in Taj City with an Investment Surpassing EGP 900 Million

Madinet Masr (EGX code: MASR.CA), a prominent developer in Egypt’s urban community developers, announced the signing of a Memorandum of Understanding (MoU) with El Hazek Construction to advance infrastructure development and expedite the construction of residential villas within the "Elect" project located in Taj City with an investment exceeding EGP 900 million, Invest-Gate reports.

Global Urban Developments, El Shennawy Group Form Strategic Alliance to Develop Finsquare Mall in NAC’s Financial District

Mahmoud Omar, Managing Director of Global Urban Developments, and Omar El Shennawy, Chairman of El Shennawy Group, signed a contract to develop and launch Finsquare Mall in the distinguished financial district of the New Administrative Capital (NAC), Invest-Gate reports.

Air Quality in NAC Exceeds International Safety Standards by Twice the Permitted Levels

As part of the Administrative Capital for Urban Development's (ACUD) commitment to sustainability indicators in all aspects, including environmental safety, and in cooperation with the General Administration of Air Quality at the Ministry of Environment, air quality indicators were monitored in the New Administrative Capital (NAC) from August 1 to the end of November, Invest-Gate reports.

Hassan Allam Holding, Nesma Holding Form Strategic Partnership to Boost Logistics Infrastructure, Regional Economic Growth 

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, in joint venture with Defaf United for Logistics, a subsidiary of Nesma Holding, announces a strategic collaboration to invest in and develop an advanced off-port terminal in King Abdullah Economic City (KAEC), adjacent to King Abdullah Port, Invest-Gate reports.

Consortium Developments Unveils Sequoia Cascada Project in Collaboration with Misr El Khadra Urban Development

Consortium Developments, a prominent player in the real estate sector, has announced its plans to launch the Sequoia Cascada project in collaboration with Misr El Khadra Urban Development, with construction set to commence in the first quarter of 2025, Invest-Gate reports.

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