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El-Gazzar Announces Delivery of New Batch of Sakan Misr Units in West Universities Area, New Cairo

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar has announced that the New Cairo City Authority will deliver a new batch of 72 residential units in buildings, Series One and Two, representing the first phase, as well as Series One for the other phases of the Sakan Misr project in the West Universities area in New Cairo City, Invest-Gate reports.

Winvestor Development Signs Contract with PTC for Sheraton Project Implementation

Winvestor Development has signed a contract with Post Tension Contracting (PTC), a specialized company in modern construction technology, to carry out the I Sheraton project in New Cairo using post-tensioned concrete, Invest-Gate reports.

El-Gazzar, Tanzanian Deputy PM Review Progress of Julius Nyerere Dam, Hydroelectric Station Project

During his visit to Tanzania, Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar held a meeting with Doto Biteko, Deputy Prime Minister and Minister of Energy of Tanzania, to discuss the progress of the Julius Nyerere dam and hydroelectric station project, Invest-Gate reports.

MIDAR Launches MERCATO District, Mostakbal City’s Largest Service Area

MIDAR, the leading city development company, announced the launch of the MERCATO district, one of the largest integrated service areas in Mostakbal City, Invest-Gate reports.

Egyptian Social Housing Fund Extends Deadline for Low-Income Housing Reservation Transfers to 31 Oct

Mai Abdel Hamid, CEO of Egypt's Social Housing and Mortgage Finance Fund, has announced an extension of the deadline for reservation transfers for available units under the presidential initiative "Housing for All Egyptians" to Tuesday, October 31, 2023.

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.

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