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Egypt’s Housing Minister, Saudi Delegation Discuss Areas of Joint Cooperation, Exchange of Expertise

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, received a delegation from Saudi Arabia yesterday evening, including representatives from the Ministries of Municipalities, Housing, and Investment, as well as the Saudi Contractors Authority (SCA), Invest-Gate reports.

Egyptian Developers Achieves EGP 800 Mn in Sales Within 6 Months, Led by Attracta Project

Egyptian Developers for Real Estate Development and Project Management has announced that it achieved EGP 800 mn in sales across its projects over the past six months—a strong performance led by its flagship project, Attracta, Invest-Gate reports.

Better Home Delivers Second Flagship Project in NAC

Better Home Group has officially delivered its “Midtown Solo” project in the New Administrative Capital, marking its second completed development after the successful launch of “Midtown Villa,” Invest-Gate reports.

SCZONE Inaugurated Beltone Leasing and Factoring Branch at Sokhna Headquarters

Mr. Ahmed Saad, CEO of The General Authority of the Suez Canal Economic Zone (SCZONE) and Mr. Amir Ghannam, Deputy Head of NBFIs for Leasing, Factoring, and Consumer Finance, inaugurated the new branch of Beltone Leasing and Factoring, a wholly owned subsidiary of Beltone Holding, located within SCZONE’s headquarters in the Sokhna Industrial Zone, Invest-Gate reports.

Egypt, China Sign Letter of Intent to Deepen Housing, Urban Development Cooperation

Housing Minister Sherif El Sherbini met with Dong Jian Guo, China’s Vice Minister of Housing and Urban-Rural Development, at the Ministry’s headquarters in Egypt’s NAC to explore avenues for cooperation and experience sharing, Invest-Gate reports.

TOREC to Launch 448 Units in T Residence Compound in New Alamein at EGP 20k per sqm

TOREC Developments, a subsidiary of NUCA, is preparing to launch the first phase of its T Residence compound in New Alamein, Invest-Gate reports.

K Developments Partners with Planning Contracting and Real Estate Development Company for Projects in Mecca and Jeddah

K Developments has signed a strategic partnership agreement with Planning Contracting and Real Estate Development Company, a leading Saudi construction company, marking a step forward in its regional expansion efforts and investment in international real estate markets, Invest-Gate reports.

FAB Egypt Leads EGP 4.2 bn Syndicated Loan for Redcon’s Golden Gate Project

FAB has led a EGP 4.2 bn syndicated loan to support the development of Redcon Properties’ flagship commercial and administrative project, Golden Gate, in New Cairo, Invest-Gate reports.

Alarinova Real Estate and Tourism Investment Launches Operations in Egyptian Real Estate Market with New Vision for Sustainable Architecture

Alarinova Real Estate and Tourism Investment, a British investment firm, has announced the launch of its operations in Egypt’s real estate market, Invest-Gate reports.

Prime Minister Witnesses Alliance Signing Between Arab Contractors, China’s CSCEC to Implement Projects in Egypt, Africa

Prime Minister Dr. Mostafa Madbouly witnessed the signing of a cooperation protocol between Egypt’s Arab Contractors Company and China State Construction Engineering Corporation (CSCEC), establishing a strategic alliance to implement major projects in Egypt and across the African continent, Invest-Gate reports.

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