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IMKAN Misr Increases Investments to EGP 2.56 bn to Drive Expansion, Innovation in the Egyptian Market

IMKAN Misr announced the completion of its capital increase in the Egyptian market from EGP 881 mn to EGP 2.56 bn, following the approval of the company’s extraordinary general assembly in December last year, Invest-Gate reports.

Schneider Electric Announces Galaxy VXL UPS – the Industry’s Most Compact, High Density Power Protection System for AI, Data Center, and Large-Scale Electrical Workloads

Schneider Electric, the leader in digital transformation of energy management and automation, has today announced the launch of its new Galaxy VXL – a highly efficient, compact, modular, scalable, and redundant 500-1250 kW (400V) 3- phase uninterruptible power supply (UPS), complete with enhanced cybersecurity, software, and safety features, Invest-Gate reports.

Kuwaiti Urbnlanes and UAE-based STORY Hospitality Sign Partnership Agreement on the Sidelines of “The Investor Real Estate” Conference

The Kuwaiti company Urbnlanes, a subsidiary of Emeel Abdalla Investments, signed a partnership agreement with STORY Hospitality, which manages a portfolio of leading hotel and commercial brands worldwide and is a subsidiary of Abu Dhabi Capital Group, one of the UAE’s leading investment firms, Invest-Gate reports.

IL Cazar Announces Second Launch in 2025: ‘WestDays’ Project October City with EGP 20 bn Investment

IL Cazar has announced the launch of its latest real estate projects, WestDays, a fully integrated residential and commercial complex strategically located in October City, close to the shooting Club and all key services and vibrant areas, Invest-Gate reports.

Prime Minister Reviews Procedures to Facilitate License Acquisition

Prime Minister Dr. Mostafa Madbouly held a meeting to review the procedures for facilitating the issuance of various licenses, Invest-Gate reports.

Mabany Edris launches Ons New Zayed with EGP 13.5 bn investment across 84 feddans

Mabany Edris, a pioneering real-estate developer with a community-centric vision, unveiled its latest projects in Egypt’s real estate market, “Ons New Zayed”, with an investment of EGP 13.5 bn, Invest-Gate reports.

ACUD Participates in the “Innovation in Social Housing Sector” Conference and Exhibition in the Kingdom of Bahrain

Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital for Urban Development Company (ACUD), responded positively to an invitation from H.E. Amna bint Ahmed Al Romaihi, Minister of Housing and Urban Planning of the Kingdom of Bahrain, to participate the "Innovation in Social Housing Sector 2025" Conference, Invest-Gate reports.

IWG Expands Rapidly in Egypt and Globally with 899 New Centers in 2024

International Workplace Group (IWG), the world’s largest and fastest-growing provider of flexible workspaces, announced it signed 899 agreements for new centers globally and opened 624 centers in 2024, Invest-Gate reports.

SODIC Reports 143% Surge in Net Profit, 50% Revenue Growth in Q1 2025

SODIC recorded strong financial and operational results in the first quarter of 2025, with net profit soaring by 143% and revenues rising by 50% compared to the same period last year, Invest-Gate reports.

Cairo Heritage Development Committee and Cairo Governorate Discuss Potential Reopening of Groppi Soon

Major General (staff) Dr. Khaled Fouda, Advisor to the President for Local Development and Chairman of Cairo Heritage Development Committee (CHDC), along with Dr. Ibrahim Saber, Governor of Cairo, chaired a meeting to discuss the executive steps for reviving and reopening the Groppi store in Talaat Harb Square, as well as the building it occupies, Invest-Gate reports.

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