News / Egypt

Gulf Development Unveils EGP 20 Bn Investment Plan to Fund 5 Projects by 2024

Ahmed Samir El Dessouki, the Chief Commercial Officer of Gulf Development, has confirmed that the company's investments in 2024 will exceed EGP 20 bn, encompassing five diverse projects, Invest-Gate reports.

Madaar Partners with Global Innovator Crystal Lagoons to Develop Azha North Lagoon in Ras El Hekma

Madaar, a prominent Egyptian developer, has formed a strategic partnership with Crystal Lagoons, the global leader in artificial lagoon technology, to create a 45-acre crystalline lagoon at the Azha North resort in Ras El Hekma on the North Coast, Invest-Gate reports.

PM Witnesses Signing of Partnership Agreement with UAE for Ras El-Hekma Development

Prime Minister Mostafa Madbouly witnessed the signing of a historic direct investment deal between Egypt and the UAE on Friday, Invest-Gate reports.

Coldwell Banker, New Avenue Real Estate Consultancy, The Board Consulting Forge Strategic Alliance for Innovative Real Estate Solutions

Coldwell Banker, New Avenue, and The Board Consulting have announced a strategic partnership and alliance to provide innovative solutions to support the real estate sector and deliver added value, Invest-Gate reports.

Contact Developments Unveils Project Execution Rates, Targets 280 Unit Deliveries by Year End in Mercury Project

Ahmed Fekry, chairman of Contact Developments, announced the company's success in achieving high implementation rates despite the rising cost of execution, Invest-Gate reports.

Concrete Developments Injects EGP 2.5 Bn Investments into Fifth Settlement Projects in 2024

Concrete Developments plans to invest EGP 2.5 bn in two new projects located in the prominent area of the Fifth Settlement in New Cairo during 2024, Invest-Gate reports.

EBNY Developments to Invest EGP 8 Bn in Real Estate Sector in 2024

EBNY Developments announced its strategic and expansive plans in the Egyptian real estate market for 2024, marking a significant contribution to its rich history in construction and development, Invest-Gate reports.

El-Gazzar Announces 70% Exemption on Late Fines for Units, Shops, Lands, Villas in New Cities upon Complete Payment of Dues

During a meeting chaired by Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, the Board of Directors of the New Urban Communities Authority (NUCA) has agreed to provide payment facilities by exempting 70% of the value of late fines on outstanding installments, Invest-Gate reports.

MODAD Group Launches New Identity, Announces Latest Projects in NAC

MODAD Group, a prominent conglomerate in the construction and real estate sector, has unveiled its strategic plans for 2024, including the introduction of the group's new identity as MODAD Group, replacing the previous name of Mohammed El Haddad Group of Companies, Invest-Gate reports.

El Gouna City Signs New Cooperation Agreement with SolarizEgypt for Solar Power Plant Expansion

El Gouna City, one of Orascom Development's integrated cities in the Red Sea Governorate, has inked a new cooperation deal with SolarizEgypt to develop the second phase of its solar power plant following the success of the initial phase, Invest-Gate reports.

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