News / Egypt

EBNY Developments, MMG Ink Starbucks Deal for Upper Egypt Projects

Real estate developer EBNY Developments signed an agreement with franchiser MMG to bring Starbucks cafes to its projects in Sohag, Upper Egypt, Invest-Gate reports.

Sultans Investment Wins Environmental Certification for Development Projects

Egyptian developer Sultans Investment & Development Co. obtained the ISO 14001 certification for its environmental management system, recognizing its sustainability standards, Invest-Gate reports.

Emaar Misr, Emaar Hospitality Group Opens EGP 5 Bn Address Beach Resort Marassi

Emaar Misr announced the inauguration of the Address Beach Resort Marassi in Egypt's North Coast with investments of EGP 5 bn, marking its second hotel under the luxurious brand, Address Hotel and Resorts, Invest-Gate reports.

SODIC to Deliver “June” Project in Q3 2025: GM

Sixth of October Development and Investment Company (SODIC) is preparing to deliver the first units in the "June" North Coast project during the third quarter of 2025, the company's General Manager Ayman Amer told Invest-Gate.

Egypt’s Arab Contractors and Mercons Finalize JV Deal in Angola

Egypt's Arab Contractors Co. signed an agreement to establish a joint venture called Arab Contractors-Luanda with Angolan firm Mercons, as both countries deepen construction industry cooperation, Invest-Gate reports.

ABB Opens Doors to Egyptian Students, Shares Expertise on Renewables

Zurich-based electrical equipment maker ABB Ltd. partnered with the Administrative Capital For Urban Development (ACUD) to train Egyptian university students on sustainable solutions, Invest-Gate reports.

Arab Developers Holding Achieves Remarkable Sales Growth of 275% in H1 2023

Arab Developers Holding (ADH) reported impressive sales figures, reaching EGP 2.5 bn during the first half of 2023, compared to EGP 896 mn in the same period last year, reflecting a remarkable growth rate of 275%, Invest-Gate reports.

Housing Minister Issues Decisions on Construction Violations in New Cities

The Egyptian Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, issued four decisions to prevent building violations on Al-Warraq Island, the northwest coast, and in the cities of Obour and Sadat, Invest-Gate reports.

NBA Africa and MAVEN Developments Forge Multiyear Collaboration in Egypt

NBA Africa and MAVEN Developments, a leading real estate development company in Egypt, announced a multiyear partnership designating MAVEN Developments as an Official Partner of NBA Africa in Egypt, Invest-Gate reports.

Al-Nayrouz Exhibitions to Launch Hazi Misr Tour in Saudi Arabia

Al-Nayrouz Company for Organizing Exhibitions said it plans to launch an exceptional tour of its Hazi Misr Exhibition beginning in Jeddah at the end of October and concluding in Riyadh in early November, in the Kingdom of Saudi Arabia, Invest-Gate reports.

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