Times Developments Acquires 3 Companies; Pledges EGP 12 Bn Investments

• Thursday, 2nd February 2023
• by Invest Gate

The acquisition helps support Times’ future expansion plans in Egypt, especially in the East and West Cairo and the North Coast.

Mardev Development to Up Investment Portfolio to EGP 4 Bn

• Thursday, 2nd February 2023
• by Invest Gate

For his part, Ibrahim Zahran, Mardev’s CEO, reveals that the company is implementing several projects in NAC, including a residential compound and 3 commercial projects.

Egyptian Government Takes Measures to Support Real Estate Developers

• Thursday, 2nd February 2023
• by Invest Gate

Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace without a delay penalty.

US’ McDermott Collaborates on Greece-Africa Power Interconnection

• Thursday, 2nd February 2023
• by Invest Gate

The project is known as Greece-Africa Power (GAP) Interconnector.

Cabinet Rolls Out Approvals for Four More Golden Licenses

• Thursday, 2nd February 2023
• by Invest Gate

GV Group is Platinum Sponsor for Invest-Gate’s 1st Roundtable in 2023

• Thursday, 2nd February 2023
• by Invest Gate

The company sponsors Invest-Gate’s roundtable and offers innovative solutions for its subject matter.

Hometown Developments, Misr International Films to Build Cinema Complex in NAC

• Monday, 30th January 2023
• by Muhammad Khalid

Ibtkar Real Estate Development Markets 10 Projects in New Cairo

• Monday, 30th January 2023
• by Muhammad Khalid

Ibtkar plans to deliver these projects within 3 years, the company’s Marketing Director, Shady Mahmoud, says.

Mountain View Development Achieves EGP 31 Bn in Unprecedented Sales in 2022

• Monday, 30th January 2023
• by Invest Gate

The success of Mountain View extends during the year 2022, to include the launch of the Bubble Free initiative; encourage individuals to get out of their various bubbles and social interaction, contracting the international star Mohamed Salah, player of Liverpool Football Club, to appear in the initiative to encourage youth and all age groups to get out of isolation.

TMG, GMG to Build 2 Stores in Madinaty

• Monday, 30th January 2023
• by Invest Gate

The two stores will occupy an area of nearly 1,600 sqm. They are slated for inauguration in 2023.