News / Egypt

El Gouna Kicks Off The 14th Edition Of El Gouna International Squash Open This April, Featuring 64 Players From 24 Countries

El Gouna launches Squash Open 2026 with 64 players from 24 countries competing for $410K in a world-class sports event.

With Expected Sales Reaching EGP 4 billion, ÈLM Announces a Strategic Collaboration with Savills Egypt to Manage and Operate its Flagship Commercial Hub at the ÈLM Tree Project in 6th of October

ÈLM Real Estate Development announced the launch of a pivotal phase in the development of its flagship commercial hub within the “ÈLM Tree” project in 6th of October City. This comes following the signing of a management and operation agreement with Savills Egypt, a leading real estate consultancy firm, to oversee the entire project, including administrative and operational consultancy as well as asset leasing. The agreement aims to deliver a premium administrative and commercial destination with world-class specifications, with expected total sales exceeding EGP 4 billion, Invest-Gate reports.

PRE Group Signs Partnerships with 8 Global Hotel Brands to Expand its Investment Portfolio by 10,000 Hotel Rooms and Units

PRE Group announced that it is in the process of signing a series of strategic partnerships with eight of the world’s leading hotel brands over the coming weeks to develop and operate eight hotels within its major projects portfolio, in a move aimed at increasing its total hospitality capacity to approximately 10,000 hotel rooms and serviced units. Invest- Gate reports. 

The Prime Minister Follows Up on Plans and Procedures for Expanding Seawater Desalination Projects and Localizing Their Industry

The Prime Minister reviews plans to expand seawater desalination and localize related industries to enhance water security and support sustainable development in Egypt.

SODIC Achieves Strong Growth and Expansion

SODIC continues to strengthen its position as one of Egypt’s leading real estate developers, driven by a clear strategy focused on delivering integrated communities that combine quality of life, sustainability, and innovation, Invest-Gate reports.

El Gouna Red Sea Launches “Nuba El Gouna,” a Fully Serviced Living Experience by Orascom Property Management

El Gouna Red Sea, the premium town developed by Orascom Development in Egypt and one of the Middle East’s most prominent Red Sea destinations, has announced the launch of its latest residential project, 'Nuba El Gouna', the town’s first fully serviced apartments. Fully managed by Orascom Property Management (OPM), the project delivers a seamless, end-to-end ownership journey. From operations and maintenance to furnishing and rental management, every detail is professionally handled, offering homeowners a fully equipped, ready-to-live and ready-to-rent solution, presenting a compelling investment opportunity with strong, consistent income potential, Invest-Gate reports.

Sky Innovo Developments brings two icons together, Citystars and Park St. to launch the ‘Citystars Park St.’ project in New Cairo

Citystars Park St launches in New Cairo with over EGP 100B investment, creating a major hub for business, retail, hospitality, and lifestyle.

Triumph Hotels Management and M|A Group Announced Strategic Partnership to Develop “Triumph Pyramids Hotel” in West Cairo

Triumph Management Hotels and the leading real estate developer, M|A Group, have proudly announced their long-term strategic partnership to develop the premium hotel-apartment project, "Triumph Pyramids Hotel", situated in the heart of the tourist capital in West Cairo, Invest-Gate reports.

Sofitel and Orascom Development Egypt Announce the Signing of Sofitel El Gouna, A Flagship Luxury Resort on Egypt’s Red Sea Coast

Accor and Orascom to launch Sofitel El Gouna after Mövenpick revamp, boosting Egypt’s Red Sea luxury tourism.

Mountain View Strengthens Its Position in 2025, Ranking Third in Deliveries and Fourth in Sales with Over 2,200 Units Delivered and a Target of 3,000 Units in 2026

Mountain View has reinforced its position as one of Egypt’s leading real estate developers in 2025, after successfully delivering more than 2,200 residential units across a number of its projects. This achievement secured the company the third rank among real estate developers in Egypt in terms of delivered units during the year, according to a report by The Board Consulting for real estate market research and studies. This reflects the company’s growing execution capabilities and its ongoing commitment to developing integrated communities that enhance quality of life and strengthen its strong presence in the local market, Invest-Gate reports.

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