News / Egypt

Madinet Masr Secures EGP 9 Billion Joint Financing to Support Taj City and Sarai Projects

Madinet Masr, listed on the Egyptian Stock Exchange under the ticker (MASR.CA), has announced a significant achievement in securing a medium-term revolving joint financing facility amounting to EGP 9 billion, Invest-Gate reports.

TOREC and Jumla Market Join Forces to Launch First Hypermarket in New Alamein

TOREC Developments, a prominent construction firm under the New Urban Communities Authority, has signed a significant contract valued at EGP 450 million with the Jumla Market chain. This agreement marks a milestone as it will pave the way for the establishment of the first hypermarket in the historic city of New Alamein, aiming to enhance services and ensure year-round operation, Invest-Gate reports.

Mamsha Ahl Misr Attracts 2 Million Visitors by Last November, Strengthening Its Position as a Global Tourist Destination

Counsel Masters, a leading company in managing and marketing commercial and touristic centers and projects, revealed that the first phase of “Mamsha Ahl Misr” on the Nile in Cairo has received about two million visitors from the beginning of the year until the end of November, Invest-Gate reports.

Marquee Developments Founders Reveal Their Strategic Plan for Expansion in 2025

Eng. Hazem Salama, Chairman of Marquee Developments, confirmed that the Egyptian market achieved an unprecedented boom in both the volume and value of sales in the sector during 2024, witnessing exceptional performance across all companies, Invest-Gate reports.

Maqam Misr Launches Q CLINICS Medical Complex, its Latest Project in NAC

Maqam Misr Developments has unveiled its third project in the New Administrative Capital (NAC), Q CLINICS, with an investment of EGP 1.2 bn, Invest-Gate reports.

Beltone Announces Board Approval for Additional Capital Increase of EGP 10.75 Bn to Drive Expansion, Growth Strategy

Beltone Holding announces that its Board of Directors has approved proceeding with all legal and regulatory procedures to increase the company’s capital by EGP 10.75 bn, Invest-Gate reports.

Driving Development Through Strategic Collaborations NAIA Developments Joins Forces with Vodafone Egypt to Launch ‘Triple Play’ Services Across Its Projects

NAIA Developments has forged a strategic partnership with Vodafone Egypt to introduce cutting-edge high-speed internet, digital television, and landline services—collectively referred to as "Triple Play"—across its various developments. This groundbreaking collaboration aims to integrate smart home technologies and state-of-the-art communication solutions, significantly improving the living experience for residents, Invest-Gate reports.

Mountain View and Crystal Lagoons Unite for EGP 5 Billion Investment to Create Iconic Lagoons in Mountain View Communities

Mountain View has officially partnered with Crystal Lagoons, a global leader in sustainable lagoon technology, to develop breathtaking lagoons within Mountain View's residential communities, beginning with a state-of-the-art crystalline lagoon at the iCity New Cairo project, Invest-Gate reports.

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.

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