News / Egypt

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.

Orascom Development Egypt Unveils Impressive Consolidated Financial Results for H1 2023

In a continuation of its impressive momentum since the beginning of 2023, ODE has once again delivered stellar financial and operational results, Invest-Gate reports.

Genoa Development Starts Sales for Second Phase of Seventy Seven Project in New Capital

Genoa Development has announced that it has started sales for the second phase of its Seventy Seven project in Egypt's New Administrative Capital, after fully selling the first phase, targeting about EGP 400 mn in sales in 2023, Invest-Gate reports.

Knight Frank Opens Cairo Office, Bringing World-Class Real Estate Services to Egypt

Knight Frank, one of the world's leading property consultancies, announced the opening of its first office in Egypt, Invest-Gate reports.

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