MNHD, Constec Ink EGP 500 Mn MoU for 2 Projects in Sarai

• Sunday, 19th February 2023
• by Invest Gate

The first project includes construction works in the Arena Mall, which has a built-up area of about 8,000 sqm of the total area of the project, which constitutes the commercial component of the Saray project.

Eastern Developments Close to Complete 30% of Genova West

• Sunday, 19th February 2023
• by Invest Gate

The project is situated on 20 feddans with EGP 3 bn investments, the company’s chairman, Mohammed Abu El-Nasr, reveals.

Serac Developments Completes 70% City Hall Strip New Capital

• Sunday, 19th February 2023
• by Invest Gate

Palm Hills Closes EGP 638 Mn Securitization

• Sunday, 19th February 2023
• by Invest Gate

Al Baraka Bank was the only named subscriber to have bought into the issuance.

TMG’s Revenues Surge 29% YoY in 2022

• Sunday, 19th February 2023
• by Invest Gate

The company’s 2022 revenue includes EGP 14.7 bn from real estate and EGP 2.6 bn from hospitality.

The Icon Show Exhibition Kicks Off in Dammam

• Thursday, 16th February 2023
• by Muhammad Khalid

The event sees the participation of 6 major Egyptian real estate development companies, presenting projects ready for delivery and projects under construction, in addition to the participation of the banking sector to provide various payment systems for Egyptians and foreigners. During the exhibition, the Ministry of Housing displays investment opportunities in the areas affiliated with the New Urban Communities Authority, in addition to seminars and an international press conference to present investment opportunities in the Egyptian real estate sector.

Ilcazar Developments Starts Delivery of Go Heliopolis

• Thursday, 16th February 2023
• by Muhammad Khalid

Chairman of Ilcazar Developments, Nader Khozam, notes that despite the challenges that affects all companies operating in the real estate market, the company doubles its efforts and succeeds in implementing rates that enable it to deliver according to the dates specified in the contracts, while maintaining the usual quality.

Emaar Properties Considers New Investments in Egypt

• Thursday, 16th February 2023
• by Muhammad Khalid

Al Abbar notes that the company believes in the Egyptian economy, adding that now is the ideal time to invest in the country.

Orascom Development Inks Agreement with Egyptian Gov’t for El Gouna Projects

• Thursday, 16th February 2023
• by Muhammad Khalid

The agreement also grants the company the right to connect its lake network to the sea through two new water channels to naturally improve the water quality in its current and future projects, which positively impacts the construction cost in the future.

MARAKEZ Provides Hands-On Experience to GUC’s Students

• Wednesday, 15th February 2023
• by Invest Gate

The students will familiarize themselves with the technical details and the different stages of the construction and building process of the District Five project.