News / Egypt

Tabarak Holding Reports Exceptional 100% Growth in 2024 and Plans Regional Expansion in 2025

Tabarak Holding Group has achieved extraordinary growth in 2024, with its subsidiaries experiencing a 100% increase in sales compared to the previous year. This remarkable performance was driven by significant investments amounting to EGP 60 billion, reflecting a 120% rise from earlier years and showcasing the Group’s solid financial health, Invest-Gate reports.

Housing Minister Reviews Preparations for Launching the “Your Home in Egypt” Initiative for Egyptians Abroad

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, held a meeting to review the latest developments and preparations for launching the “Your Home in Egypt” initiative for Egyptians abroad, in cooperation with the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs, with ministry officials present, Invest-Gate reports.

Enwan Developments Opens Its First International Branch in Dubai to Enhance Project Marketing Efforts

Enwan Developments has announced the launch of its first international sales office outside Egypt as part of its strategy to reach clients beyond the local market, Invest-Gate reports.

Eastern Developments Completes 65% of Construction on “Genova West” Project, Begins Utility and Infrastructure Connections

Eastern Developments has announced that it has successfully completed 65% of the construction of the “Genova West” project, Invest-Gate reports.

Housing Minister Meets with Real Estate Developers to Address Sector Challenges and Explore Collaboration Opportunities

Today, Egypt's Minister of Housing, Utilities, and Urban Communities convened with a group of real estate developers to discuss the challenges facing the real estate sector and explore opportunities for collaboration in the near future. The meeting included officials from the ministry, the New Urban Communities Authority, and several city development heads, Invest-Gate reports.

Major Progress Announced for Fairmont Hotel at Sun Capital Project During Housing Minister’s Visit

Eng. Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, conducted an inspection tour in the October Gardens City and several new cities. During his visit, he followed up on the progress of the "Sun Capital" project, which is a collaboration between the ministry and the Arabia Group in 6th of October City, Invest-Gate reports.

Madinet Masr Launches “SAFE” App for Fractional Ownership: An Innovative Solution for Real Estate Investment

Madinet Masr Innovation Labs has introduced the "SAFE" app to enhance the real estate experience and deliver innovative solutions in the Egyptian market, Invest-Gate reports.

Emirates NBD Egypt Provides EGP 2.5 Bn in Credit Facilities to Arabian Construction Company

Emirates NBD Egypt has signed a significant financing agreement with Arabian Construction Company (ACC), one of the leading construction firms in the Middle East, providing EGP 2.5 bn in credit facilities, Invest-Gate reports.

MIDAR Aims to Lead in Smart Megacities Development by Developing Advanced and Sustainable Cities, Including “Mostakbal City” and “MADA”

MIDAR for Investment and Urban Development, the founding and master developer of "Mostakbal City" and "MADA" in East Cairo, continues to assert its leadership in the Egyptian real estate development sector through ambitious expansion plans that reflect a comprehensive future vision, Invest-Gate reports.

Military Production, Housing Ministers Review Executive Status of Projects under the “Decent Life” Presidential Initiative

Eng. Mohamed Salah El-Din Mostafa, Minister of State for Military Production, received Eng. Sherif El Sherbini, Minister of Housing, Utilities and Urban Communities, Invest-Gate reports.

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