News / Egypt

Schneider Electric Continues Series of Future Industry Innovation Talks Towards Carbon-Neutrality

Schneider Electric SE, a global specialist in energy management and automation, hosted its latest event as part of the "Industries of the Future" innovation talk series last week to discuss the concept of future industries and automated software-based control solutions for the industry, Invest-Gate reports.

SODIC’s Gross Sales Hit EGP 8.2 Bn in H1 2023

Sixth of October Development & Investment Company (SODIC) has revealed its financial results achieved in the year's first half (H1), which ended on June 30, 2023, Invest-Gate reports.

El-Gazzar Follows up on New Nubariya Extension Project

Housing Minister Assem El-Gazzar held a meeting to review the strategic plan for extending New Nubariya, a city located north of Cairo on 54,000 acres, Invest-Gate reports.

Egypt Housing Minister Pushes Handover of New Capital Employee Units

Egypt's Housing Minister Assem El-Gazzar is pressing for the completion of procedures to hand over housing units to state employees relocating to the New Administrative Capital, Invest-Gate reports.

Egy Tower Finalizes Hotel Management Deal for EINS Towers with German Management in NAC

A delegation from the board of directors of Egy Towers traveled to Germany to hold intensive meetings with representatives of the Europe Hotel Management to manage and operate the hotel rooms, Invest-Gate reports.

Capital Group Properties Raises Capital by EGP 772 Mn to Accelerate Al Burouj

Capital Group Properties (CGP), a major property developer in Egypt, raised its capital by EGP 772 mn in July as part of its plans to step up the pace of construction at its Al Burouj residential community in East Cairo, one of the largest integrated residential projects in the area, Invest-Gate reports.

DIG Acquires Perfect Capital, Starts Housing Track 20 in NAC

Egyptian real estate development company DIG announced its acquisition of Perfect Capital as part of its expansion plan in the Egyptian market, Invest-Gate reports.

Cairo’s Office Sector Adds 37.5k Sqm GLA in Q2 2023: JLL

In Q2 2023, Cairo’s office sector saw only one notable project completion, adding about 37,500 square meters of office gross leasable area and bringing the total stock to around 1.94 million sqm, according to JLL's The Cairo Real Estate Market overview report.

Tatweer Misr Delivers 100 Units in D Bay Project, North Coast

Tatweer Misr announced the delivery of more than 100 units of the "D Bay" project on the North Coast, in addition to operating two 2,600-sqm lakes in the project, Invest-Gate reports.

Style Home Delivers 100% of The Icon Residence in New Cairo

Style Home Real Estate Development announced the complete handover of units in The Icon Residence project in New Cairo, Invest-Gate reports.

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