News / Egypt

Dubai Developments Launches Lumia Residence Project in the New Administrative Capital

Dubai Developments, a major developer, has unveiled plans for its Lumia Residence project in the New Administrative Capital, Chairman Abdel Fattah Al Murr said.

VAI Developments, Gascool Join Forces to Implement Central Air Conditioning With VRF System for 4T4 Project in NAC

VAI Developments has announced its partnership with Gascool, a renowned company specializing in energy and cooling solutions, for the implementation of the central air conditioning system in the 4T4 project located in the New Administrative Capital (NAC), Invest-Gate reports.

Top Government Officials Inspect Al-Azbakia Park Development Project

Major General Hassan Abdel Shafi, Advisor to President Abdel Fattah El-Sisi, along with Abdul Khaliq Ibrahim, Assistant Minister of Housing for Technical Affairs, and Mohamed Abu Saada, Head of the National Coordination Authority for Civilization, inspected the Al-Azbakia Park development project to monitor its progress and find appropriate solutions to overcome any obstacles to its timely completion, Invest-Gate reports.

Housing Minister Launches Campaigns Against Real Estate Violations in Northwest Egypt

Egypt's housing minister issued decisions to remove violations in the northwest coast and New Fashn City, stressing continued efforts to control urbanization, Invest-Gate reports.

Golden Town Development Ensures Project Execution for Customers Within a Year

Essam El-Din Moustafa, Vice Chairman of Golden Town Development, has stated that the rising value of construction materials directly affects the determination and increase of real estate prices, Invest-Gate reports.

Mardev Developments Unveils Menorca Zayed Project, Entrusting Management to Idea Group

Mardev Developments has announced the launch of the Menorca Zayed project, spanning an area of 41 acres, Invest-Gate reports.

Assistant Minister of Housing, Korean Delegation Discuss Transforming Badr City into a Smart City

Abdel Khaleq Ibrahim, the Assistant Minister of Housing for Technical Affairs, chaired an extensive meeting with Sang Wook Lee, the Executive Vice President of the Korean KIND Foundation for Infrastructure and Urban Development Abroad, Invest-Gate reports.

Egypt Housing Minister Directs Field Visits to Monitor New City Project Progress

Egyptian Minister of Housing, Utilities and Urban Communities Assem El-Gazzar has emphasized the importance of officials continuing field visits of the relevant authorities in new cities to monitor the progress of projects, Invest-Gate reports.

Beltone Leasing & Factoring, Al Ahly Sabbour Sign EGP 1.2 bn Sale and Leaseback Agreement

Beltone Financial Holding has announced that its wholly owned subsidiary, Beltone Leasing & Factoring, has entered into a sale and leaseback agreement with Al Ahly Sabbour for Real Estate Developments, Invest-Gate reports.

SODIC Reports 67% Jump in Sales as Demand Remains Strong

Sixth of October Development & Investment Company (SODIC) announced strong growth in sales and profits for the first nine months of 2023, driven by robust demand, Invest-Gate reports.

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