News / Egypt

Palm Hills Developments Delivers 42% Revenue Growth in 9M2025 to Record EGP 25.5bn, Net Profit After Tax Reaches EGP 3.5bn, Up 50% YoY

Palm Hills Developments, a leading real estate developer in Egypt, announced its consolidated financial and operational results for the nine-month period ended September 30, 2025, Invest-Gate reports.

Three Corners Developments Launches Its New Project “Horus Plaza” in Hadayek October with Investments Exceeding EGP 1.2bn

Three Corners Developments, a leading developer in the Egyptian and Gulf markets, has launched its new project “Horus Plaza” in Hadayek October, with investments exceeding EGP 1.2bn. The project aligns with the company’s expansion strategy and its commitment to delivering integrated, high-quality developments with strong investment value, Invest-Gate reports.

GEDICO Communities Commences Construction on “Nebu Business Court” in New Capital with EGP 3bn investments

Great Egypt “GEDICO” Communities announced the start of construction on its "Nebu Business Court complex" in the heart of the New Capital, with total investments exceeding EGP 3bn. Beginning work only five months after the project’s launch reflects the company’s strong financial capability and firm commitment to its clients, Invest-Gate reports.

Alarinova for Real Estate and Tourism Launches First Project to Be Managed by Steigenberger Hotels & Resorts

Alarinova has signed a management agreement with global hospitality brand Steigenberger Hotels & Resorts for its debut development in Ain Sokhna, Invest-Gate reports.

TOREC Developments Signs Strategic Partnership with AFM, a Subsidiary of Dorra Group, to Manage and Operate “Pliss Gate” Compound

In line with its commitment to providing a fully integrated residential experience, TOREC Developments – one of the New Urban Communities Authority (NUCA) companies – has announced the signing of a strategic partnership agreement with AFM, a subsidiary of Dorra Group, for the management and operation of Pliss Gate Compound, located on the Cairo–Alexandria Desert Road and owned by NUCA, Invest-Gate reports.

Misr Italia Properties Unveils Details of Phase Two “Can Limon” During Media Tour of “Kai Sokhna” Development on the Red Sea

Misr Italia Properties announced the details of Phase Two of its flagship Red Sea project, Kai Sokhna, titled “Can Limon,” during a media tour that highlighted the company’s commitment to developing vibrant, year-round coastal destinations, Invest-Gate reports.

EBNY Developments and Majid Al Futtaim Forge Strategic Partnership to Introduce Integrated Living and Launch the First Carrefour and Supeco Market Branches in Upper Egypt

In a significant step reflecting the strength of alliances among leading players in Egypt’s real estate and retail sectors, EBNY Developments has signed a strategic partnership agreement with Majid Al Futtaim, the exclusive operator of the Carrefour brand in Egypt, Invest-Gate reports.

Uptown 6 October Welcomes Russian Business Delegation and Strengthens Egyptian–Russian Economic Cooperation

Uptown 6 October Developments welcomed a high-level Russian business delegation in a landmark visit marking a new phase of economic cooperation between Egypt and Russia, following the company’s recent official visit to Moscow, Invest-Gate report.

Financial Regulatory Authority Approves First Digital Platform for Real Estate Fund Investments

In a strategic move aimed at developing Egypt’s non-banking financial sector and promoting digital transformation, the Financial Regulatory Authority (FRA) has approved the establishment of the country’s first digital platform for investing in real estate fund units. The initiative was proposed by Azimut Egypt, Invest-Gate reports.

Massive UAE Investment Exceeding EGP 10bn: Arkan Launches New Entity SLCITI to Boost Its Presence in Egyptian Market

Arkan, one of the leading UAE-based companies in general contracting, real estate development, and infrastructure projects, has announced an ambitious expansion plan targeting the Egyptian real estate market. As part of its regional growth strategy, the company intends to invest over EGP 10bn in its initial phase, reflecting its vision for sustainable growth and value-added sectors, Invest-Gate reports.

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