News / Egypt

El-Gazzar Follows Up on Delivering Units to State Employees Transferred to NAC

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities is following up on the completion of delivering units in the first phase of housing for state employees transferred to the New Administrative Capital (NAC) in the "Zahret El-Asima" project in Badr City, Invest-Gate reports.

Awj Developments Partners with BRAIN 2 FACT to Manage Urban Mall

Awj Developments partnered with BRAIN 2 FACT to oversee managing the Urban Mall project in Badr City, Invest-Gate reports.

Radix Development Launches Ray Residents Project in NAC

Under the slogan "Save time .. Save money," Radix Development launched its latest project, Ray Residents, in the New Administrative Capital (NAC), Invest-Gate reports.

Egypt’s Path to the BRICS Bloc

Egypt is set to join the BRICS in 2024. On that occasion, the Egyptian Council of Ministers' Information and Decision Support Center published a report tacking the weight of the bloc in the global economy.

Orbit Developments Launches Marina Hills in Ain Sokhna

Orbit Developments has launched the Marina Hills project in the Red Sea resort city of Ain Sokhna, planning to achieve EGP 3 bn worth of sales, Invest-Gate reports.

La Vita Developments Begins North Coast Project Handover Ahead of Schedule

La Vita Developments has started delivering units in the first phase of its North Coast project La Vita North Coast, fulfilling contracts ahead of specified timelines, Invest-Gate reports.

RFCO Development Opens Saudi Branch to Boost Property Exports

Ramy Fares Group has revealed the inauguration of a new branch of its construction subsidiary RFCO Development in Riyadh, Saudi Arabia, as part of efforts to strengthen Egypt's real estate exports, Invest-Gate reports.

Misr Italia Boosts Construction at New Cairo, NAC Projects

Misr Italia Properties has signed an EGP 500 mn contract with two major construction firms to accelerate building works at its projects in New Cairo and the New Administrative Capital (NAC), Invest-Gate reports.

Palm Hills Sales Surge 84% on Strong Demand Across Projects

Egyptian property developer Palm Hills Developments (PHD) saw new sales jump 84% in the first half of 2023, boosting revenues, as demand strengthened across multiple projects, Invest-Gate reports.

GAFI Nods to Building of GV Investments EGP 500 Bn Tarboul City

Egypt's General Authority of Investment and Free Zones (GAFI) has approved the establishment of GV Investment's Tarboul City EGP 500 bn investment zone in Giza, Invest-Gate reports.

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