News / Egypt

El-Gazzar: Handover of R3 Residential Units Begins for State Employees Moving to New Administrative Capital

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, announced that the New Administrative Capital Development Authority has begun welcoming state employees allocated residential units in the third residential district (R3) of the New Administrative Capital, Invest-Gate reports.

Trial Operation of Electric Cabs Commences in NAC

The Administrative Capital for Urban Development (ACUD), in collaboration with the Ministry of Transport, has announced today the commencement of the trial operation for the first phase of the electric car project in the Administrative Capital (NAC), known as "New Capital Cab", Invest-Gate reports.

Paragon Developments Participates in “Startups Without Borders” Summit

Paragon Developments has participated in the 5th edition of the "Startups Without Borders" summit, which took place on May 10th and 11th at the "Kamelizar Spaces District 5", Invest-Gate reports.

Handover of New Aswan City’s Distinctive Residential Plots to Commence on May 26

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, announced that the New Aswan City Development Authority will commence the handover of distinctive residential plots of land in the Fourth District of New Aswan City to their occupants on specific days, starting on Sunday, May 26, 2024, Invest-Gate reports.

Urbnlanes Developments, IHG Hotels & Resorts Join Forces to Introduce Two “Crowne Plaza” Hotels in New Cairo, NAC Projects

Urbnlanes Developments, a leading player in real estate development and a subsidiary of Emeel Abdalla Investments Group, has announced a strategic partnership with IHG Hotels & Resorts, one of the world's leading hotel companies, Invest-Gate reports.

Beltone Leasing and Factoring Secures EGP 400 Mn Sale and Leaseback Agreement and Factoring Facility with Il Cazar

Beltone Holding, one of the fastest-growing financial institutions, has announced that its wholly-owned subsidiary, Beltone Leasing and Factoring, signed a sale and leaseback agreement and factoring facility totaling EGP 400 mn with IL Cazar Developments, a leading real estate development company in Egypt, Invest-Gate reports.

REDCON Properties’ Golden Gate Project Earns EDGE Certification

REDCON Properties, a prominent developer specializing in diverse mixed-use communities, has announced the attainment of the prestigious EDGE Advanced Preliminary Certificate for its Golden Gate project, Invest-Gate reports.

Egyptian Minister Inspects Progress of Julius Nyerere Hydroelectric Dam Project in Tanzania

Egyptian Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, inspected the progress of the Julius Nyerere Hydroelectric Dam and Station project in Tanzania, Invest-Gate reports.

Lasirena Group Hosts Omani Housing Minister During Egypt Visit

Lasirena Group has hosted Khalfan bin Saeed bin Mubarak al-Shueili, the Minister of Housing and Urban Planning of the Sultanate of Oman, along with his accompanying delegation, during his visit to Egypt, Invest-Gate reports.

Mountain View Clubs Management Acquires Stake in Life Sports Club in New Cairo Through Partnership with WellSpring

Mountain View Clubs Management Company, a subsidiary of Mountain View for development and real estate investment, has announced its acquisition of a share of the Life Sports Club in partnership with WellSpring Company, situated in New Cairo, Invest-Gate reports.

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