News / Egypt

Menassat Developments: A Major Player Setting New Benchmarks in Egypt’s Real Estate Market

Menassat Developments has announced a new phase of growth that reinforces its leading position in Egypt’s real estate sector, driven by a clear long-term vision and a board of directors with decades of experience, Invest-Gate reports.

O West by Orascom Development Signs Operating Agreement with Blue Ribbon for O West Sports Club

O West, the fully integrated town by Orascom Development in West Cairo, has signed an agreement with Blue Ribbon, a leading sports club operator, to manage the O West Sports Club, which is scheduled to open in the fourth quarter of 2025, Invest-Gate reports.

Prime Minister Follows Up on Plan to Expand Seawater Desalination Plants

Prime Minister Dr. Mostafa Madbouly held a meeting at the government headquarters in the New Capital to review the executive plan for expanding seawater desalination plants. The meeting was attended by Minister of Housing, Utilities and Urban Communities Eng. Sherif El Sherbini, Deputy Housing Minister Dr.Sayed Ismail, Head of the Construction Authority for Potable Water and Wastewater Dr. Mohamed Hassan, Arab Contractors’ Senior Vice President Eng. Hassan Mostafa, and several officials, Invest-Gate reports.

Egypt Imposes Safeguard Duties on Steel Imports In a Significant Move to Protect Domestic Industry

In a significant move to protect domestic industry, Minister of Investment and Foreign Trade Hassan El Khatib has issued three ministerial decrees imposing temporary safeguard duties on certain steel products. The measures, which take effect on Sunday, September 14, 2025, were published in the Official Gazette on September 10, 2025, Invest-Gate reports.

LMD Launches District Cooling Plant at One Ninety in New Cairo

LMD has announced the launch of a District Cooling Plant (DCP) at its flagship project One Ninety in New Cairo. The facility, developed in collaboration with contractor Medcom-MLE and consultant Allied, is the first of its kind in New Cairo and one of the most advanced cooling systems in Egypt, Invest-Gate reports.

Saudi Egyptian Developers Signs Strategic Partnership with Nile Projects & Trading Co. to Boost “Central” Commercial Destination

Saudi Egyptian Developers (SED) has signed a strategic partnership with Nile Projects & Trading Co. to attract more than 10 leading international brands to its flagship project Central in New Cairo, positioning it as a premier retail and leisure destination. The company also appointed Decipher Egypt as strategic consultant for commercial management and operations, Invest-Gate reports.

Brassbell Hospitality Group and Belmazad Sign a Strategic Partnership to Transform Auctioned Real Estate into Hospitality Investments

Brassbell Hospitality Group (BHG), Egypt’s leading serviced apartment operator, has signed a strategic partnership with Belmazad, the country’s premier digital auction marketplace, to convert auctioned and underutilized real estate assets into high-value hospitality investments, Invest-Gate Reports.

Minister of Investment Meets S&P Global Delegation to Discuss Egypt’s Credit Rating and Economic Reforms

Minister of Investment and Foreign Trade Hassan ElKhatib met with a delegation from S&P Global, led by Roberto Sifon Arévalo, Global Head of Sovereign and Multilateral Lending Institutions Ratings, and Benjamin Young, Managing Director and Head of Sovereign Ratings Sector for Europe, the Middle East, and Africa, to discuss Egypt’s credit rating outlook, macroeconomic trends, and ongoing financial and institutional reforms. Representatives from the Ministry of Finance, the Central Bank of Egypt, and J.P. Morgan also attended, Invest-Gate reports.

Mountain View supports Egypt’s tourism and hospitality industry with the launch of Mountain View Hospitality

Mountain View has launched Mountain View Hospitality, a new subsidiary dedicated to managing and operating hospitality services, marking the company’s official entry into the tourism and hospitality sector. The launch coincided with the opening of KIN Hotel, the company’s first family-focused hotel in Egypt’s North Coast, designed under the concept of a “Chillax Family Hotel” that blends relaxation, innovation, and community, Invest-Gate reports.

Minister of Investment and Foreign Trade Meets World Bank Group and IFC Delegation to Review Ongoing and Future Cooperation with Egypt

As part of Egypt’s strategic partnership with the World Bank Group, Minister of Investment and Foreign Trade Eng. Hassan El-Khatib met with Mr. Cheick-Oumar Sylla, IFC Regional Director for North Africa and the Horn of Africa, and Mr. Stéphane Guimbert, World Bank Country Director for Egypt, Yemen, and Djibouti.The talks centered on expanding cooperation to support Egypt’s priorities in attracting investment and fostering sustainable growth, Invest-Gate reports.

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