News / Egypt

New City Collaborates with EBRD to Launch Investment and Sustainable Asset Management Plan

Waleed Abbas, Vice President of the New Urban Communities Authority for the Planning and Projects Sector, has announced the launch of a project in collaboration with the European Bank for Reconstruction and Development (EBRD) to develop an investment and sustainable asset management plan for one of the new cities, Invest-Gate reports.

Egypt’s Real Estate Development Chamber to Participate in International Manufacturing Exhibition

Under the auspices of President Abdel Fattah El-Sisi, the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI) said it will take part in the second edition of the Annual International Manufacturing Convention and Exhibition between 28 and 30 October, Invest-Gate reports.

15th of May City to Hand Over Housing to Flood Victims This Week

The 15th of May City Development Authority will finalize handing over apartments this week to flood victims relocated to the Zohour Mayo ("May Flowers") housing units, Invest-Gate reports, citing the authority's head Mustafa Saeed.

Infinity Power Aims for 10GW Target by 2030

Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar, has emerged as the world's fastest-growing renewable energy company, Invest-Gate reports.

SKY AD. Developments’ Bluetree Project Wins African Property Awards for Best Residential Project

SKY AD. Developments, the real estate arm of the UAE's Diamond Group, announced that its project Bluetree in New Cairo has won the African Property Awards for the category of "Residential Projects with over 20 Units for 2023-2024" as the best residential project in Africa, Invest-Gate reports.

JLL Report: Cairo’s Hospitality Sector Set for Continuous Growth as Egypt Prepares for 15 mn Visitors in 2023

According to JLL's Cairo Real Estate Market Overview Report for Q3 2023, Cairo's occupancy levels continued to show robust growth, reaching 68% in August 2023 compared to 61% during the same period last year, Invest-Gate reports.

Egypt’s Housing Authority Participates in Construction Championship

Waleed El-Baroudi, Head of Egypt's General Authority for Construction & Housing Cooperatives (CHC), took part in the third World Construction Championship in St. Petersburg, Russia, Invest-Gate reports.

El-Gazzar Monitors Accelerated Sanitation Development Efforts in El-Mokattam

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, chaired a meeting on Monday to review the progress of measures taken to enhance labor and equipment deployment, Invest-Gate reports.

UC Developments Concludes Promotional Roadshow in Saudi Arabia, Qatar for 2023

UC Developments, a leading real estate company, has successfully wrapped up its promotional campaign for 2023 at international exhibitions, Invest-Gate reports.

Urbnlanes Developments Launches “Yellow Lane” in New Cairo

Urbnlanes Developments has announced the launch of its "Yellow Lane" Project in the prime and most desirable location in New Cairo City. The project's site is known for its easy accessibility and convenience, Invest-Gate reports.

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