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Contact Developments Unveils Project Execution Rates, Targets 280 Unit Deliveries by Year End in Mercury Project

Ahmed Fekry, chairman of Contact Developments, announced the company's success in achieving high implementation rates despite the rising cost of execution, Invest-Gate reports.

Concrete Developments Injects EGP 2.5 Bn Investments into Fifth Settlement Projects in 2024

Concrete Developments plans to invest EGP 2.5 bn in two new projects located in the prominent area of the Fifth Settlement in New Cairo during 2024, Invest-Gate reports.

EBNY Developments to Invest EGP 8 Bn in Real Estate Sector in 2024

EBNY Developments announced its strategic and expansive plans in the Egyptian real estate market for 2024, marking a significant contribution to its rich history in construction and development, Invest-Gate reports.

El-Gazzar Announces 70% Exemption on Late Fines for Units, Shops, Lands, Villas in New Cities upon Complete Payment of Dues

During a meeting chaired by Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, the Board of Directors of the New Urban Communities Authority (NUCA) has agreed to provide payment facilities by exempting 70% of the value of late fines on outstanding installments, Invest-Gate reports.

MODAD Group Launches New Identity, Announces Latest Projects in NAC

MODAD Group, a prominent conglomerate in the construction and real estate sector, has unveiled its strategic plans for 2024, including the introduction of the group's new identity as MODAD Group, replacing the previous name of Mohammed El Haddad Group of Companies, Invest-Gate reports.

El Gouna City Signs New Cooperation Agreement with SolarizEgypt for Solar Power Plant Expansion

El Gouna City, one of Orascom Development's integrated cities in the Red Sea Governorate, has inked a new cooperation deal with SolarizEgypt to develop the second phase of its solar power plant following the success of the initial phase, Invest-Gate reports.

Crest Development Partners with Leading Real Estate Entities to Launch Integrated Project in Fifth Settlement, Unveils Land Portfolio

Crest Development has announced its entry into significant partnerships as part of its 2024 expansion plan to establish itself as a prominent real estate developer, Invest-Gate reports.

City Edge Developments Joins Egyptian-Saudi Real Estate Alliance for Collaborative Ventures

Mohamed Eldahan, CEO of City Edge Developments, presided over the signing of a memorandum of understanding (MoU) between the Arab Organization for Industrialization and the Egyptian-Saudi Alliance, Invest-Gate reports.

Beltone Holding, BOA Group Forge Multidimensional Collaboration Agreement, Unlocking Synergies Across Africa

Beltone Holding, one of the rapidly expanding financial institutions, has announced its entrance into a comprehensive Collaboration Agreement with BOA Group, the holding company of Bank of Africa - BMCE Group overseeing its Sub-Saharan subsidiaries, Invest-Gate reports.

Housing Ministry Officials Inspect Infrastructure Projects in New Damietta City

Ashraf Fathi Mahmoud, Assistant to the Deputy Head of the Authority for the Development and Urban Crisis Management Sector, conducted an inspection visit to review infrastructure projects in New Damietta City; Mohamed Khalaf Allah, Head of the New Damietta City Authority, and other officials attended, Invest-Gate reports.

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