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El-Gazzar Inspects Implementation of Housing for All Egyptians Units in New Obour

Egypt's Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar announced facade work is underway on the 15-16th district buildings in the Housing for All Egyptians presidential initiative in New Obour City, Invest-Gate reports.

SODIC, Alfanar Launch Environmental Social Enterprise Seed Cycle 2023

SODIC, a leading real estate developer in Egypt, and Alfanar, a philanthropic organization, have announced the launch of the Environmental Social Enterprise Seed Cycle 2023, Invest-Gate reports.

Golden Town Launches Dinero Tower in New Capital

Golden Town Development has launched its third project, Dinero Tower, on 5,017 sqm in the New Administrative Capital (NAC) after success with previous projects; Fort Business Complex and Cascada Business Complex, Invest-Gate reports.

Madinet Masr, Misr El-Kheir Launch Medical Convoy in Assiut Governorate

 Madinet Masr, a leading urban community developer in Egypt, announced the launch of a medical convoy in Assiut Governorate on July 30 and 31, 2023, in collaboration with Misr El-Kheir Foundation, Invest-Gate reports.

DHCU To Spend EGP 2 Bn on Water Infrastructure Projects in 2023

Development and Housing Company for Utilities (DHCU) plans to invest EGP 2 bn on drinking water, sanitation, and wastewater treatment projects this year, DHCU's Chairman Hassan Al-Far said, Invest-Gate reports.

Hometown Developments Inks Exclusive Deals with 50 International Brands for New Capital Projects

Hometown Developments announced its collaboration with 50 international brands specialized in the fields of fashion, restaurants, and entertainment for its three projects at the New Administrative Capital (NAC), Invest-Gate reports.

Egypt’s Housing Minister Announces Sohag Land Plot Handovers

Egypt's Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, announced the New Sohag City Development Authority will begin handing over residential land plots in the northern and central Al-Ashgar neighborhoods as of September 3-14, Invest-Gate reports.

Arab Bank Group Reports 59% Profit Growth in H1 2023

Arab Bank Group reported solid financial results for the first half (H1) of 2023, driven by strong growth in its core banking business across different markets, Invest-Gate reports.

City Edge Developments Celebrates Naming Etapa Square Best Commercial Development in 2023

City Edge Developments held an event on July 27, 2023, to announce that its Etapa Square project won the Best Commercial Project Award in 2023 at the Big 5 Egypt Impact Awards, Invest-Gate reports.

Beltone To Commence Trading of Rights Issue’s Shares

Beltone Financial Holding, one of the fastest-growing investment banks, has announced the successful completion of all legal procedures required to issue and list 5,000,000,000 ordinary shares of its EGP 10,000,000,000 Rights Issue, following laws and regulations, Invest Gate reports.

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