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Royal Developments Launches First Edition of “M Power” Initiative

Royal Developments launched the first edition of the M Power initiative, which aims to develop and enhance the skills and qualifications of employees in the sector and exchange insights and experiences that strengthen the performance of real estate entities, Invest-Gate reports.

Sorouh Developments, Detac Partner for Construction of Cascadia in New Capital

Sorouh Developments has entered into a new contract with Detac for contracting to commence construction work on the Cascadia phase of the Entrada project in the New Administrative Capital, Invest-Gate reports.

Misr Italia Properties Achieves Exceptional Results in H1 2023 with 71% Growth Rate

Misr Italia Properties announced the results of its operations during the first half of the current year 2023, in terms of sales, project execution rates, and all activities and events carried out during that period, Invest-Gate reports.

Maqam for Urban Development Launches Optima Business Complex in NAC

Maqam for Urban Development has unveiled its Optima Business Complex project in the New Administrative Capital (NAC), with targeted sales totaling approximately EGP 500 mn, Invest-Gate reports.

Madinet Masr, ASEC Automation Sign MoU for Sarai’s Cavana Project

Madinet Masr, one of Egypt's prominent real estate developers, signed a Memorandum of Understanding (MoU) with ASEC Automation (ASA), a subsidiary of Qalaa Holdings, to undertake the infrastructure and road network development for Sarai's Cavana project in New Cairo, Invest-Gate reports.

BETA Sporting Club Triumphs: Back-to-Back Wins in Tennis Association League

Beta Egypt for Urban Development achieved impressive outcomes through its pioneering social and sports experiment, BETA Sporting Club, Invest-Gate reports.

El-Gazzar Inspects Green Housing Development in NAC

Minister of Housing Assem El-Gazzar visited sites developing low-income green housing units in the New Administrative Capital under the presidential Housing for All Egyptians initiative, Invest-Gate reports.

Ontario Developments Partners with MRB, Art Line

Ontario Developments contracted with MRB Group to manage and operate its projects in the New Administrative Capital (NAC) and the Fifth Settlement area, in addition, Art Line Constructions has been selected as the engineering consultant for the projects, Invest-Gate reports.

Luxury Brand Nobu to Anchor SODIC Projects with Hotels, Restaurants

SODIC is partnering with global lifestyle brand, Nobu Hospitality, to expand the latter's presence in Egypt with hotels, branded residences, and restaurants, Invest-Gate reports.

Enquiry on Zelenskyy Family Villa in El Gouna: Official Statement Revealed

In response to recent web posts alleging that Ukrainian President Zelenskyy's family owns a villa in El Gouna, a popular Egyptian resort town, an El Gouna spokesperson has categorically refuted these claims, Invest-Gate reports.

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