News / Egypt

Reportage Properties’ Sales Soar to $1 Bn in 2023, Signaling Robust Growth

UAE-based real estate powerhouse Reportage Properties has marked a remarkable surge in sales, surpassing AED 3.7 bn in 2023, in contrast to AED 2.3 bn in the previous year, exhibiting a staggering growth rate exceeding 60%, Invest-Gate reports.

Housing, Trade Ministers Discuss Development Proposals for Industrial Zones in New Cities

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, and Ahmed Samir, the Minister of Trade and Industry, recently held a meeting to discuss proposals for the development of industrial zones in new cities, Invest-Gate reports.

Counsel Masters Opens Applications for Commercial Units in the Second Phase of Mamsha Ahl Misr

Counsel Masters announces the opening of applications for commercial units in the second phase of Mamsha Ahl Misr, driven by increased demand from Egyptian and foreign investors, Invest-Gate reports.

BETA Egypt Powers Up Phase Three in Mostakbal City, Greens New Cairo

Beta Egypt for Urban Development announced initiating electrical connectivity and meter installation for various villas and buildings in its project "BETA Greens New Cairo" in Mostakbal City, Invest-Gate reports.

GV Investments, Russia’s Concordia Partner to Establish Egyptian Electric Vehicle Factory

GV Investments, a major real estate and investment development company, has signed a strategic partnership agreement with Russian company "Concordia," specializing in solar power generation, Invest-Gate reports.

Housing Ministry Officials Monitor Progress of New City Infrastructure Projects

Housing Ministry officials closely monitor infrastructure projects in New Cairo, October, Badr, and New Sohag cities, Invest-Gate reports.

Application Deadline for First Offering in “Sakan Kol El Masryeen 3” Extended to January 15

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, has announced an extension of the application period for citizens interested in applying for the first offering of "Sakan Kol El Masryeen 3" in the real estate financing system, Invest-Gate reports.

LUD Achieves EGP 2.5bn Sales for The Rift in Mostakbal City

Lozan Urban Development Group (LUD) celebrates a monumental success, with sales soaring to a staggering EGP2.5 bn for its groundbreaking venture, Invest-Gate reports.

Sorouh Developments Set to Launch New Project in 2024

Sorouh Developments has announced its successful business results for 2023, which can be attributed to the company's commitment to an ambitious plan and its dedication to implementing it in all areas, Invest-Gate reports.

Al Qamzi Developments Egypt Partners with ACE Project Management for Supervision of North Coast, New Cairo Projects

ALQAMZI Developments Egypt has entered into a contract with ACE Project Management, a subsidiary of Moharram Bakhoum, to oversee the implementation of its projects on the North Coast and in New Cairo, Invest-Gate reports. 

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