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Jawad Developments Appoints Eltizam Egypt to Manage and Operate Val Plaza Mall in West Cairo

Jawad Developments has announced a partnership with Eltizam Egypt, a leading provider of integrated asset and facilities management services, to manage and operate the Val Plaza Mall in 6th of October City, west Cairo, as the project moves toward its operational phase in the first half of next year, Invest-Gate.

Basata Secures SOC 2 Type II and PCI DSS v4.0.1 Level 1 Certifications to Reinforce its Commitment to Customer Data Security

Basata for Financial Payments, Egypt’s leading electronic payment services provider, announced that it has obtained the internationally recognized SOC 2 Type II and PCI DSS v4.0.1 Level 1 certifications, reaffirming its unwavering commitment to the highest standards of customer data security and protection. The dual achievement strengthens trust with clients and partners and further cements Basata’s position as a leading provider of payment solutions and financial services in the Egyptian market, Invest-Gate reports.

Prime Minister Reviews the Progress of “Ras El Hekma New City” and “Shams El Hekma” Projects

Dr. Mostafa Madbouly, Prime Minister of Egypt, held a meeting today to follow up on the execution status of the “Ras El Hekma New City” and “Shams El Hekma” projects. The session was attended by Lieutenant General Eng. Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry; Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities; and Major General Khaled Shaib, Governor of Matrouh, Invest-Gate reports.

Entlaq Launches “Egypt’s Tourism Sector Performance Report”

Entlaq, Egypt’s leading policy and research think tank focused on entrepreneurship, innovation, and economic transformation, has officially launched Egypt’s Tourism Sector Performance Report, a comprehensive data-driven assessment outlining pathways to unlock higher value creation across Egypt’s tourism sector through digital reform, TourismTech innovation, and inclusive growth, Invest-Gate reports.

Officials from The New Urban Communities Authority and TOREC Developments Inspect “Place Gate” Ahead of The Delivery of The First Phase

Officials from the New Urban Communities Authority (NUCA), represented by the Sheikh Zayed City Authority, along with executives from TOREC Developments, one of NUCA’s affiliated companies, conducted an inspection visit to the Place Gate compound on the Cairo–Alexandria Desert Road last week. The project is owned by NUCA, while TOREC Developments is responsible for its development and marketing, Invest-Gate reports.

Tickets for Phases One and Two Sell Out for New Capital Countdown Festival, Phase Three Now Open

Tazkarti has announced the opening of ticket sales for Phase Three of the New Capital Countdown Festival, following the rapid sell-out of tickets for Phases One and Two. This high demand highlights the excitement surrounding the event, organized by the Administrative Capital for Urban Development (ACUD), in Egypt's New Capital, Invest-Gate reports.

Madinet Masr Signs MoU with Forward Contractors to Execute EGP 1.45bn Construction Works in “Rai” within Sarai

Madinet Masr has signed a Memorandum of Understanding (MoU) with Forward Contractors to execute construction works valued at EGP 1.45bn within “Rai,” one of the residential phases of its flagship mixed-use development, Sarai, located in East Cairo, as part of the company’s strategy to accelerate project delivery, expand its land portfolio, and adhere to sustainable urban development standards, Invest-Gate reports.

Wajha Developments Introduces “Freeze Installment Payment Plan” to Enhance Payment Flexibility in Egypt’s Real Estate Market

Wajha Developments announced the launch of its new “Freeze Installment Payment Plan,” marking a strategic step toward reshaping the developer’s role in Egypt’s real estate market through a client-centric business model that prioritizes transparency, trust, and long-term value, Invest-Gate reports.

Strategic Alliance Unites KHK and On Plan to Launch KHK 31 in Dubai

KHK Real Estate Development (KHK) announced the launch of its new project, “KHK 31,” located in Dubai’s Al Warsan district, through a strategic partnership with On Plan Real Estate, aimed at strengthening luxury investment offerings in Dubai’s growing real estate market, Invest-Gate reports.

Centro Real Estate launches Gate 9 Mall with EGP 500mn investment in Obour City

Centro Real Estate has launched its latest project, Gate 9 Mall, in Obour City, marking a significant step in the company’s expansion strategy. The mall spans over 3,000 sqm of retail space, backed by an investment of EGP 500mn, Invest-Gate reports.

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