News / Egypt

Madinet Masr Obtains License for SAFE Real Estate Investment Fund

Madinet Masr secures FRA license for the SAFE Real Estate Investment Fund, enhancing regulated real estate investment opportunities in Egypt.

New Jersey Developments Announces New Progress in Green Avenue Project in the New Capital

New Jersey Developments solidifies its commitment towards its clients with new constructions at Green Avenue project in New Capital

New Jersey Developments company, announced new progress in the construction and implementation works in Green Avenue project in the New Capital, which reflects the company's commitment to a strategy based on regular construction and delivery according to the scheduled timetables, which proves its commitment to fulfil its obligations to clients, Invest-Gate reports.

Project Gate Developments Signs Agreement with MRB to Manage and Operate “AXENT Mall”

Project Gate Developments signs MRB to manage AXENT Mall in New Cairo, ensuring operational excellence and long-term investment value.

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.

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