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Unified Development to Finalize Launch Approvals for EGP 700 Mn Project in NAC

Unified Development seeks to launch its new project, located in the New Administrative Capital (NAC)'s Downtown, with investments of around EGP 700 mn, Invest-Gate reports.

Palm Hills Arab International Junior Squash Championship Kicks Off with 537 Players

The Palm Hills Arab International Junior Open 2023 squash championship kicks off on July 6, 2023, with the participation of 537 male and female players from 12 different nationalities, at the Palm Hills Club in the 6th of October City, Invest-Gate reports.

Madbouly Witnesses Signing Partnerships To Manage, Operate 2 New Hotels in Cairo

Prime Minister Mostafa Madbouly witnesses the signing of partnership contracts between City Edge Developments, on behalf of the Ministry of Housing, Utilities, and Urban Communities, and the Hilton Brand to manage and operate two new hotels in the Maspero Triangle and the Soor Magra El Oyoun, Invest-Gate reports.

NUCA Inks MoU with China’s CSCEC to Boost Cooperation

The New Urban Communities Authority (NUCA) signed on July 5, 2023, a memorandum of understanding (MoU) with China State Construction Engineering Company (CSCEC) and Income Company, Invest-Gate reports.

Jawad Developments Eyes EGP 1 bn Sales from VAL Plaza in West Cairo

Jawad Developments, Egypt’s real estate developer, has announced launching the VAL Plaza project in the 6th of October City, west Cairo, with an expected sales volume worth approximately EGP 1 bn, Invest-Gate reports.

Ministry of Housing To Deliver First Batch of Sakan Masr Project in July

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities reveals that New Cairo Development Authority will start from July 23, 2023, to August 29, 2023, to deliver the first units batch at Sakan Masr project in Ard El Maared area, Invest-Gate reports.

Palm Hills Club Hosts Largest Training Camp for Juniors in Middle East

Palm Hills Club, located in the 6th of October City, hosts the largest training camp for squash players in the Middle East, in participation with more than 100 players from Arab and foreign countries, Invest-Gate reports.

Egypt’s Sports Minister Oversees Laying Groundwork for GV’s EGP 1.5 Bn Club

Egyptian Minister of Sports and Youth Ashraf Soubhy oversees the laying of the groundwork for the EGP 1.5 bn Al Ahram Sole Sports Club, Invest-Gate reports.

NAC Hosts Major Developers in Panel Discussion

The New Administrative Capital (NAC) hosts the first-of-its-kind training course in Egypt for real estate marketers, Invest-Gate reports.

Madbouly Follows up on First Phase of NAC Employee Units

Prime Minister, Moustafa Madbouly is following up with the head of the Central Agency for Organization and Administration (CAOA), the first phase of employees moving to the New Administrative Capital (NAC), Invest-Gate reports.

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