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Paragon Developments Joins Forces with Food Bank, Red Crescent to Provide Humanitarian Support to Gaza

Paragon Developments has announced its collaboration with the Egyptian Food Bank and the Red Crescent Organization to provide support and assistance to the families affected by Israeli military operations in the Gaza Strip, Invest-Gate reports.

Housing Ministry: Commercial Units for Sale in Sheikh Zayed City, Other Units Sold in Akhmem Al Gadida City

The Sheikh Zayed City Development Authority has announced offering 13 commercial units with areas ranging from 18 sqm to 90 sqm, beneath residential buildings in District 13, for public auction on Wednesday, November 29, 2023, Invest-Gate reports.

NUCA Deputy Chairman Reviews New Cities’ Investment Plans 

Walid Abbas, deputy chairman of the New Urban Communities Authority (NUCA), convened a meeting of the investment management and support unit, following directives from Minister of Housing Assem El-Gazzar, Invest-Gate reports.

El-Shennawy Developments Launches New Phase of FINSQUARE Administrative Project in NAC

El-Shennawy Developments has announced the launch of a new phase in its FINSQUARE project, during the company's celebration of the 40th anniversary of the founding of El-Shennawy Group, Invest-Gate reports.

El-Gazzar Takes Action to Eliminate Building Violations in the First and Second Sectors of the Northwest Coast

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, has issued four decisions aimed at addressing building violations in specific areas under the jurisdiction of two development agencies: Sector One of the Northwest Coast and Sector Two of the Northwest Coast, Invest-Gate reports.

Prime Developments Partners with Telecom Egypt for Smart Services in Project Ventures

Prime Developments has entered into a strategic partnership with Telecom Egypt (WE) to provide smart services and systems for its real estate projects, with a focus on the New Administrative Capital (NAC), Invest-Gate reports.

NUCA Approves Allocation of 83 Land Plots in 20 New Cities for Integrated Urban Projects

During a meeting chaired by Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, the Board of Directors of the New Urban Communities Authority agreed to allocate 83 plots of land in 20 new cities for various projects, Invest-Gate reports.

Schneider Electric Increases Investments in Egypt with €8 mn in 2023

Schneider Electric, the prominent figure in the digital transformation of energy management and automation, has declared its intentions to bolster its investments in the local market by an additional €8 mn in 2023, Invest-Gate reports.

Zambian Infrastructure Minister, his Delegation Conduct Visit to Egypt’s New Cities

Egyptian officials from the Ministry of Housing, Utilities, and Urban Communities recently organized an extensive field visit for Karlis Milobis, the Minister of Infrastructure and Urban Development of Zambia, along with Ambassador Jean Toply, the Zambian ambassador to Cairo, and their accompanying delegation, Invest-Gate reports.

JD Holding Plans EGP 10 Bn Expansion into Egypt’s Real Estate Industry in 2024

JD Holding announced a strategic expansion plan targeting EGP 10 bn in real estate investments in 2024, Invest-Gate reports, citing chairman Ahmed Attia Aletr.

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