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Madinet Masr Triples its Sales, Achieving EGP 34.95 Bn in Total Contractual Sales in 2023

Madinet Masr, one of Egypt's leading urban community developers, has achieved a remarkable increase in total contractual sales, Invest-Gate reports.

Egyptian Housing Officials Engage with Real Estate Developers to Boost Property Exports

In a pivotal meeting, Waleed Abbas, Assistant Minister of Housing for the Affairs of the New Urban Communities Authority (NUCA), and Abdel Khalek Ibrahim, Deputy Housing Minister for Technical Affairs, gathered with real estate developers to discuss the proposed initiative for exporting Egyptian real estate, Invest-Gate reports.

Exploring Investment Potentials: BiznEX 6th Edition Launched in KSA by the Ministry of Supply and Internal Trade

Under the theme "Your Opportunity for The Future... Your Path to KSA," the 6th edition of the BiznEX Expo commenced as part of the Saudi Franchise Expo, Invest-Gate reports.

Arab Bank: $829.6M Profits in 2023, Proposes 30% Dividends

Arab Bank Group has announced impressive financial results for the fiscal year ending December 31, 2023, demonstrating a remarkable 52% growth in net income after tax, surging from $544.3 mn in 2022 to $829.6 mn, Invest-Gate reports.

El-Gazzar, CSCEC Chairman Review Progress of Joint Projects in NAC, New Alamein City

In a strategic meeting at the headquarters of China State Construction Engineering Corporation (CSCEC) in Beijing, Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, engaged with Zheng Xuexuan, Chairman of CSCEC, and Li Yongming, CSCEC's Vice President, to discuss the status of joint projects, Invest-Gate reports.

UAE Business Tycoon Mohamed Alabbar Highlights Economic Disparity Between Europe, Arab World

In a recent interview, prominent Emirati businessman Mohamed Alabbar emphasized a significant economic gap between Europe and Arab nations, despite having similar populations of approximately 400 million people, Invest-Gate reports.

SAK Developments Allocates EGP 300 Mn for Construction Work on NAC Projects in 2024

Ahmed Kadri, the Chief Executive Officer of SAK Developments, has announced the company's plans to invest EGP 300 mn in 2024 to complete the construction of its projects in the New Administrative Capital (NAC), Invest-Gate reports.

El-Gazzar Unveils Fully Finished Housing Units in Valley Towers Project in Hadayek October

Assem El Gazar, the Minister of Housing, Utilities, and Urban Communities, has announced the ministry's initiative, facilitated by the New Urban Communities Authority, to introduce fully finished housing units in the "Valley Towers" project in Hadayek October, Invest-Gate reports.

Mountain View Reveals Second Phase of Club Park in iCity October

Mountain View unveils the second phase of Club Park in iCity in October, introducing over 800 diverse residential units, Invest-Gate reports.

Deputy Housing Minister, The Arab Contractors, International Technology Firm Hold Talks on Water, Wastewater Treatment

Sayed Ismail, the Deputy Minister of Housing for Infrastructure Affairs, recently held a meeting with representatives from the Arab Contractors Company and an international company specializing in modern control systems for improving the operation of drinking water purification and sewage treatment plants, Invest-Gate reports.

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