News / Egypt

Orascom Development Egypt Unveils FY 2023 Consolidated Financial Results

ODE's fiscal year 2023 saw a significant surge in net profit, climbing by 63.5% year-on-year to reach EGP3.1 bn, Invest-Gate reports.

Arab Developers Holding Reports Remarkable Sales, Profit Growth in 2023

Arab Developers Holding achieved contractual sales totaling EGP 5.3 bn in 2023, marking the highest sales value in the company's history, Invest-Gate reports.

Misr Italia Properties Unveils IL BOSCO Commercial Hub, Agreement with Marriott, Radical-1 Success

Misr Italia Properties (MIP) revealed IL BOSCO Commercial Hub during a ceremony at Cairo Business Park, East Cairo's hub for entrepreneurship and innovation, Invest-Gate reports.

El Gouna, Heazy Skate Park Join Forces to Create Africa’s Largest Skate Park in El Gouna

El Gouna, the fully integrated and sustainable town developed by Orascom Development by the Red Sea, has partnered with Heazy Skate Park to create the largest skatepark in Africa, Invest-Gate reports.

IL Cazar, Emirati UDC Collaborate to Introduce “The Crest” Project in New Cairo

The leading real estate company, IL Cazar Developments, has launched its latest residential venture, The Crest, Invest-Gate reports.

Tatweer Misr to Invest EGP 10 Bn in 2024 for Project Development, Timely Unit Deliveries

Tatweer Misr has announced an increase in its investment volume to EGP 10 bn in 2024, representing a growth rate of 65% compared to the previous year and marking the highest investment value in the company's history, Invest-Gate reports.

Retal Developments Secures Full Acquisition of Center Point Development with its Harmony Business Complex in NAC

Retail Developments has completed the acquisition of Center Point Development and its flagship property, the Harmony Business Complex, in the NAC, Invest-Gate reports.

Emaar Misr Launches ‘Enabling Design’ Initiative to Boost Egyptian Design Sector

Emaar Misr, a leading real estate developer globally known for its commitment to delivering exceptional living experiences, is launching the "Enabling Design" initiative during Cairo Design Week, Invest-Gate reports.

Al Ahly Sabbour Announces Two Major Projects to be Built in Ras El Hekma, Mostakbal City

Eng. Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour Developments, has announced the company's two latest projects for the year 2024, Invest-Gate reports.

AE Media Production, Retal Developments Forge MoU for Collaborative Partnership in Project Endeavors

AE Media Production has announced the signing of a memorandum of understanding (MoU) with Retal Developments, Invest-Gate reports.

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