News / Egypt

Beltone Rebrands BelCash To Seven, Achieves EGP 1.3 Bn Portfolio in 5 Months

Beltone Financial Holding, a rapidly growing institution, announced its consumer finance subsidiary BelCash's strategic rebrand to seven, Invest-Gate reports.

NAIA’s Value Drives Record Sales Across Egypt Properties

Egyptian developer NAIA Developments reported strong sales and construction milestones at its North Coast and New Capital projects, reflecting robust consumer demand, Invest-Gate reports.

Knight Frank Report: 94% of GCC Investors Eyeing Egyptian Real Estate Market for Investment Opportunities

According to the inaugural "Destination Egypt" report by Knight Frank, a global real estate consulting company, 94% of investors in the Gulf Cooperation Council (GCC) countries who possess more than USD 1 mn in investment assets express interest in purchasing real estate in Egypt, and 56% of these investors intend to make their purchases during 2023, Invest-Gate reports.

El-Gazzar Chairs Meeting of The General Authority For Tourism Development

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, presided over the meeting of the Board of Directors of the General Authority for Tourism Development on September 26, Invest-Gate reports.

IGI Developments Exceeds Sales Targets at Cityscape Egypt 2023

IGI Developments achieved sales that exceeded targets during its participation in Cityscape at the Egypt International Exhibition Center, Invest-Gate reports.

Valda Developments To Start Delivery in ROVE Project in 2024

Valda Developments announced the completion of 80% of the construction work of the Rove commercial and entertainment complex, situated on the Middle Ring Road in 2024, Invest-Gate reports.

Khaled Sabry Holding Hits High Sales in Rosail City Project, Celebrates Milestone at Cityscape 2023

Khaled Sabry Holding revealed accomplishing EGP one bn in sales volume for the Rosail City project since its launch in the third quarter of 2023, Invest-Gate reports.

Head of New Administrative Capital Authority Inspects Implementation Progress on R5 District

Sherif El-Sherbiny, Head of the New Administrative Capital City Development Authority, accompanied by the agency’s officials, made an inspection tour of the housing sector in the Fifth Residential District (R5) area, to follow up on the progress of work on ongoing projects, Invest-Gate reports.

Sky Abu Dhabi Hits Strong Sales at Cityscape 2023

Sky Abu Dhabi Developments, the real estate arm of UAE's Diamond Group, saw sales of EGP 600 mn from 80 units over four days at Cityscape Egypt 2023, one of the country's largest property shows, Invest-Gate reports.

Orascom, Metito Consortium Secures $2.2 Bn for Abu Dhabi Seawater Project

Abu Dhabi, UAE - Orascom Construction and Metito, in collaboration with Abu Dhabi National Oil Company PJSC (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA), have achieved financial close at an impressive pace for a large-scale seawater treatment and water transportation project in Abu Dhabi, Invest-Gate reports.

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