News / Egypt

Arady Shares Moves Towards Implementation as Arady Misr Appoints Dreny & Partners

The latest milestone follows Arady Misr’s earlier unveiling of Arady Shares and marks the beginning of the work required to establish the legal and regulatory foundations of the model. As part of this phase, Dreny & Partners Attorneys at Law has been appointed as legal counsel to advise on the proposed structure and support Arady Misr through the relevant approval process before the Financial Regulatory Authority (FRA), Invest-Gate reports.

SUD Opens Capital Heights 1 in the Presence of ACUD Managing Director Ahmed Fahmy, Delivers 400 Units

SUD delivers 400 units at Capital Heights 1 in Egypt’s New Capital, marking a key milestone in its delivery track record and project execution.

City Edge Developments and Modon Misr for Asset and Facilities Management sign a Memorandum of Understanding to enhance facilities management and security services at Mazarine Apartments and Latin City in New Alamein City.

City Edge Developments has signed a cooperation agreement with Modon Misr to provide integrated facilities management and operations services across a number of City Edge projects in New Alamein City, including Mazarine and Latin District, Invest-Gate reports. 

Matter Makers Developments Reshapes New Obour City Real Estate Market with Units Starting at 4% Down Payment and EGP 18,000 per sqm

Matter Makers Developments is preparing for a new phase of expansion in the Egyptian real estate market through the launch of its new project in New Obour City. The move aims to offer a different experience and a strong surprise for the city’s market, building on the company’s previous expertise and successful projects in the New Administrative Capital,Invest-Gate reports.

AJAD Developments raises capital to EGP 4bn with MG Developments joining as strategic partner

AJAD Developments raises capital to EGP 4bn as MG Developments joins as a strategic partner, supporting expansion in West Cairo and Saudi Arabia.

For the first time at New Capital, AIG launches “Trust Program” for customers in line with the president’s directives for a more regulated real estate market

AIG has launched its “Trust Program” for the first time in New Capital, in line with President Abdel Fattah El-Sisi’s directives to promote a more disciplined and compliant real estate market. The initiative aims to strengthen customer confidence and reinforce a culture of commitment across the sector by offering a range of benefits and guarantees that provide greater protection and flexibility throughout contracting process. Invest-Gate reports

Aqar Exit launches Egypt’s first real estate assignment market index

Aqar Exit launches Egypt’s first real estate exit market index, revealing EGP 72.2 billion in listed properties and over 31,000 purchase requests.

Cabinet Approves Partnership Between Urban Development Fund and DCUD to Develop 48 Feddans in Al-Mahalla Al-Kubra

The Cabinet, headed by Prime Minister Mostafa Madbouly, approved a partnership between the Urban Development Fund and Delta Capital for Real Estate Development to establish an integrated urban project on the Al-Mostamaraa Land in Al-Mahalla Al-Kubra, invest-gate reports.

Next Home signs a strategic partnership with Egy Map for managing and Leasing commercial units at “Next Plaza”

Next Home for real estate development company, announced signing a strategic partnership agreement with "Egy Map",which is specializied in the management and operation of commercial projects, as Egy Map will manage and lease the commercial units at "Next Plaza" project in Maadi, a move aimed to enhance the project's investment value and raise the operational efficiency according to the highest professional standards. Invest-Gate reports

M squared’s Masyaf Ras Alhekma Reaches 41% Construction Completion as Phase 2 Construction Begins

M squared, the real estate arm of Intro Investment Holding, announced that Masyaf Ras Alhekma has reached approximately 41% overall construction completion, as the company advances development across the 1,546-unit destination and begins construction of Phase 2. Invest-Gate reports.

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