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Empire State Developments Sees Strong Demand for Loft Units at “UPMOUNT” Project on First Day of Allocation

Empire State Developments announced strong demand for Loft units at its new residential project, “UPMOUNT,” in the New Capital, coinciding with the launch of the project’s first unit allocation day. The process was marked by precise organization and smooth booking procedures, earning wide praise from clients, Invest-Gate reports.

Minister of Housing Reviews Latest Developments of the Central Business District in the New Capital and the “Downtown” Towers and Lagoons in New Alamein City

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, held the regular meeting to follow up on the latest developments of the executive status of the Central Business District (CBD) project in the New Capital and the “Downtown Towers and Lagoons” project in New Alamein City. The meeting was attended by officials from the Ministry, the New Urban Communities Authority, the Chinese company CSCEC executing the works, and the project consultants, according to Invest-Gate, Invest-Gate reports.

Tesla Developments Sells Out Phase I of Tesla Residence, Unveils New Phase with Strong Investment Incentives

Tesla Developments has fully sold out the first phase of its Tesla Residence project in record time, paving the way for the launch of the second phase. The upcoming phase is expected to attract strong demand, driven by rising interest from both homebuyers and investors, highlighting the project’s solid investment appeal, Invest-Gate reports.

With the Launch of “Hyde Park Terraces,” Hyde Park Developments Announces a New Expansion in East Cairo and Commences the Construction Work of the Project Before its Official Launch, to Deliver within Two Years

Hyde Park Developments, one of Egypt’s leading real estate developers, has announced the launch of its latest project, Hyde Park Terraces. Spanning 102 acres, the project features a prime strategic location in the heart of New Cairo, directly in front of the German University in Cairo (GUC). Hyde Park Terraces is also situated near Hyde Park Views, a highly successful development where all units were sold out immediately upon launch, underscoring the strength of the company’s brand and the growing confidence of customers in its projects, Invest-Gate reports.

Prime Minister Reviews a Number of Work Files of the Administrative Capital for Urban Development Company

Dr. Mostafa Madbouly, Prime Minister, met today with Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital for Urban Development Company (ACUD), to review a number of the company’s work files. These include management, operation, services, transportation, and maintenance works in the New Capital, Invest-Gate reports.

World’s First Mercedes-Benz Branded City Launched by Binghatti in Meydan, Marking the Largest Real Estate Event in Dubai’s History

After the global success of their first collaboration, Binghatti and Mercedes- Benz have reunited to pursue a far greater vision, one that expands the boundaries of both luxury real estate and automotive innovation. Their partnership now returns with the unveiling of Mercedes-Benz Places | Binghatti City, the world’s first Mercedes-Benz branded city and the developer’s first masterplanned community, a monumental AED 30 billion development spanning more than ten million square feet in Nad Al Sheba, Invest-Gate reports.

Project Gate Developments Begins Construction of Vista Mall with Total Investments of EGP 1.25 Billion

Project Gate Developments announced the official commencement of construction for its Vista Mall project in New Cairo, with a total investment of EGP 1.25 billion. The project is now underway following the receipt of all necessary permits, reflecting the company's commitment to delivering the project according to a defined timeline and adhering to the highest quality standards, Invest-Gate reports.

Minister of Housing Discusses with a Delegation from France’s Saint-Gobain Ways to Cooperate in the Fields of Building Materials and Green Buildings

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities, received a delegation from the French company Saint-Gobain, a global leader in high-performance building materials, to discuss opportunities for cooperation in the fields of advanced construction materials and integrated solutions for energy efficiency and green buildings, in the presence of senior ministry officials, Invest-Gate reports.

National Telecom Regulatory Authority Launches “Auctions” Platform to Offer Customized Telecom Services for Major Corporations and Institutions

The National Telecom Regulatory Authority (NTRA) announced the launch of the “Auctions” platform, the first of its kind in the Egyptian market, which will offer a diverse portfolio of telecommunications services tailored for major corporations and institutions. The platform aims to provide innovative technological and service solutions to support large organizations across various business sectors, enhance their profitability, and develop their customer service and contact center operations, Invest-Gate reports.

Egyptian PropTech firm launches digital platform for land trading

Egyptian property technology firm Arady Misr for Planning and Development has launched AradyMisr.com, a digital platform aimed at formalizing and digitizing land trading in Egypt, the company said on [date]، Invest-Gate reports.

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