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SODIC Plans to Invest EGP 10 Bn in Construction Projects in 2024

SODIC, the Sixth of October Development and Investment Company, is gearing up to inject approximately EGP10 bn into its construction projects during 2024, marking a significant increase from the EGP6 bn invested in construction activities the previous year, Invest-Gate reports.

IMS Developments Targets Launch of Latest Residential Project in New Heliopolis City

IMS Developments aims to launch its latest residential project in New Heliopolis City in the near future as part of its expansion plan to introduce several diversified projects in 2024, Invest-Gate reports.

Space Tank Collaborates with Sky Abu Dhabi to Develop Commercial Area for BlueTree Project in New Cairo

As part of its strategy to become a market leader in integrated commercial and service facilities in the real estate sector, Space Tank, a company specializing in managing commercial centers and service facilities, has entered into a contract with Sky Abu Dhabi Real Estate Development Company, Invest-Gate reports.

Magic Land Al-Hokair Introduces Tanza Project, Egypt’s First Integrated Entertainment Destination

Magic Land Al-Hokair, owned by the leading Abdulmohsen Al-Hokair Group in the tourism and development sector, has launched the Tanza project in cooperation with the Egyptian Media Production City company on a usufruct basis, Invest-Gate reports.

Onsite Highlights Competitive Advantages of Onsite Software Program

Onsite Egypt has confirmed the successful launch of its competitive technology dedicated to engineering and contracting companies, Invest-Gate reports.

Inertia Egypt Aims to Deliver 700 Units Despite Challenges

Inertia Egypt for real estate developments has set its sights on delivering 700 units across its various projects in the current year, including 500 units in the Jefaira project on the North Coast, Invest-Gate reports.

Beltone Takes the Lead in Arranging EGP 925 Mn Syndicated Factoring Facility for Redcon Properties

Beltone Holding, one of the fastest-growing financial institutions, has announced that its wholly owned subsidiary, Beltone Leasing and Factoring, has signed Egypt's first syndicated factoring deal worth EGP 925 mn for Redcon Properties, Invest-Gate reports.

MIG Participates as Major Sponsor in International Health Tourism Conference in Egypt

Under the patronage of President Abdel Fattah el-Sisi, MIG announced its sponsorship of the International Conference on Medical Tourism in Egypt, Invest-Gate reports.

Sumou Real Estate, Hassan Allam Properties Ink MoU with ADEER International for Saudi Real Estate Venture

Sumou Holding, a Saudi real estate company, and Hassan Allam Properties, an Egyptian real estate developer, signed a MoU to establish a joint venture company in Saudi Arabia, Invest-Gate reports.

Royal Developments Partners with GIG Egypt Life Takaful to Offer Comprehensive Coverage for “Monark” Project

In its commitment to delivering innovative services to its clients in its flagship residential project "Monark," Royal Developments has signed a cooperation protocol with GIG Egypt Insurance to provide comprehensive coverage services for the property unit value against maximum default risks, Invest-Gate reports.

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