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Market Standard Expands into Egypt’s Real Estate Market with Proven UK Expertise

Market Standard, a UK-based real estate brokerage headquartered in London, has announced its entry into the Egyptian real estate market, building on its proven success in the UK, Invest-Gate reports.

Madinet Masr Reports Results for FY 2024

Madinet Masr, one of Egypt’s leading urban community developers, announced its standalone financial results for the full year ending December 31, 2024 (FY 2024), reporting a net profit of EGP 2.8 bn on total revenue of EGP 8.2 bn, with contracted sales of EGP 41.0 bn, Invest-Gate reports.

The Administrative Capital for Urban Development signs Land Agreement for New Headquarters for the Embassy of Côte d’Ivoire in the diplomatic district

The Administrative Capital for Urban Development (ACUD) has signed a land sale agreement with the Embassy of the Republic of Côte d’Ivoire in Cairo for a 5,000 sqm plot in the Diplomatic District of the New Administrative Capital, Invest-Gate reports.

Housing Minister Outlines Future of Egypt’s Real Estate Development at Business Gathering

Housing Minister Sherif El Sherbini highlighted the future of real estate development in Egypt during a keynote speech at the Egyptian Businessmen’s Association’s Suhoor gathering, Invest-Gate reports.

Prime Minister Reviews Financial Position of NUCA

Prime Minister Dr. Mostafa Madbouly met on Wednesday with Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, and Mr. Mohamed Ragai, Vice President of the New Urban Communities Authority (NUCA) for Financial, Administrative, and Human Resources Affairs, to follow up on and review NUCA's financial position, Invest-Gate reports.

Housing Minister Reviews Progress of “Housing for All Egyptians” Initiative in New Cities

Housing Minister Sherif El Sherbini reviewed the progress of thousands of residential units under the presidential initiative “Housing for All Egyptians” in several new cities, including New Obour, New Suez, New Minya, 15th of May City, and 6th of October City, Invest-Gate reports.

Banque Misr Grants EGP 2.6 Bn Credit Facility to Hyde Park Developments for Seashore Project in the North Coast

Banque Misr recently signed a credit facility contract with Hyde Park Developments for a medium-term loan of EGP 2.6 bn to finance part of the investment cost of the Seashore project in the North Coast, Invest-Gate reports.

Arab Developers Holding Establishes a Strategic Partnership with Nasaaem Medical to Launch a Medical Center at Park Mall in Nyoum New Cairo

Arab Developers Holding, one of the leading real estate development companies, has signed an agreement with Nasaaem Medical Group to establish a state-of-the-art medical center at Park Mall within Nyoum New Cairo project, Invest-Gate reports.

Maqam for Urban Development Obtains Building Permit for Optima Business Complex Project in NAC

Maqam for Urban Development announced that it has obtained the building permit for its pioneering project, Optima Business Complex, in the New Administrative Capital (NAC), Invest-Gate reports.

Housing Minister Announces Upcoming Completion of 175-Bed Hospital in New Qena City

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, announced that a new 175-bed hospital will soon be completed in New Qena City, Invest-Gate reports.

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