News / Egypt

Crest Development Sets EGP 1.2 Bn Sales Target for Projects in 2024

Dr. Abdel Aziz El-Ganzouri, Founder and Chairman of Crest Development, has confirmed that the company will be undertaking two commercial and administrative projects in 2024, Invest-Gate reports.

SODIC Achieves EGP 30 Bn in Gross Contracted Sales During 2023, Marking a 42% YoY Increase

Sixth of October Development & Investment Company (SODIC) has released its consolidated financial results for the year ended December 31, 2023, Invest-Gate reports.

El-Gazzar Monitors R3 Residential District Projects in NAC

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, along with Sherif El-Sherbiny, Head of NAC Development Authority, has reviewed the progress of residential, service, and amenity projects in the third residential district (R3) of the NAC, Invest-Gate reports.

El-Gazzar Forms Task Force to Evaluate, Chart Strategic Roadmap

El-Gazzar forms a task force comprising representatives from all ministry departments, Invest-Gate reports.

Arab Developers Holding Forms Strategic Partnership with SAP Global to Revolutionize Planning, Operations, Resource Management System

Arab Developers Holding, a leading real estate development company in the MENA region, has formed a significant collaboration with SAP, a global leader in enterprise software and technological solutions, Invest-Gate reports.

Housing Ministry Introduces Foreign Investment Portal to Support Investors, Streamline Procedures

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, has announced the launch of the "Foreign Investment Portal" by the New Urban Communities Authority (NUCA), starting from today, Invest-Gate reports.

BiznEX Riyadh Witnesses Successful Implementation of Potential Deals, Signing of 86 Agreements Valued at over SAR 116 Mn

BiznEX Expo, the organizer of the BiznEX Investment and Branding Exhibition, has announced that the sixth edition of the exhibition, held in the Kingdom of Saudi Arabia as part of the Saudi International Franchise Exhibition, witnessed the signing of over 86 cooperation agreements, Invest-Gate reports.

Egyptian Developers Postpone Sale of Residential Units Amid EGP Currency Issues

Egyptian real estate companies are postponing the sale of residential units amid the uncertainty surrounding the exchange rate of the Egyptian Pound, Invest-Gate reports.

Ora Developers Enters the Iraqi Market with “Ali El Wardy” Project

Ora Developers continues to assert its leadership in the real estate development realm with the announcement of its ambitious project, "Ali Al-Wardi," the largest residential city in Baghdad, Iraq, Invest-Gate reports.

Housing Ministry Officials, EBRD Join Forces to Implement Green City Action Plan for 6th of October City

Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, along with officials from the New Urban Communities Authority (NUCA), launched the green transformation action plan for 6th of October City in collaboration with the European Bank for Reconstruction and Development (EBRD), Invest-Gate reports.

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