News / Egypt

Menassat Developments inks EGP 650 mn agreement with Solid-DETAC consortium for Podia Tower

Menassat Developments signs an EGP 650 mn strategic partnership agreement with the consortium of Solid Constructions and Dar for Construction and Trading (DETAC) to execute the works of the concrete structure of the Podia Tower project, Invest-Gate reports.

Ajna Developments Offers Distinctive Units in Carnelia Sokhna

Egyptian real estate developer Ajna Developments launches new units in the Carnelia Sokhna project in Ain Sokhna, Invest-Gate reports.

BiznEX 5th Edition to be Launched in December

Biznex Holding announces the launch of the 5th international business expo (BiznEX 5) under the slogan of “Invest with Exellence!” in Mamsha Ahl Misr for three days ending on December 3rd, 2022, under the auspice of the Ministry of Planning and Economic Development, Invest-Gate reports.

Mazaya Developments Launches Phase II in Gemini Towers Red&Blue

Mazaya Developments launches the second phase in Gemini Towers Red&Blue project in the New Administrative Capital with premium units in multiple areas, targeting around EGP 700 mn sales, Invest-Gate reports.

REDCON Construction’s Unit Launches Administrative Units in Golden Gate in New Cairo

REDCON Offices and Commercial Centers (ROCC), a subsidiary of REDCON Construction, launches administrative units with areas starting from 70 sqm in Golden Gate mixed-use project in New Cairo, Invest-Gate reports.

Tameer Partners with UAE’s Stella Stays to Manage AZ Homes

Property technology startup Stella Stays signed an agreement with real estate developer Tameer to manage its AZ Homes project, Invest-Gate reports.

Egypt Hosts 13th Africa Ministerial Cooperative Conference in October

Under the patronage of President Abdel Fattah El-Sisi, the General Authority for Construction and Housing Cooperatives (GAHBC) organizes the 13th Africa Ministerial Cooperative Conference, which will be hosted in Egypt for the first time ever, Invest-Gate reports.

Councils of New Cities Start Preparing for Winter Season

The Minister of Housing, Utilities, and Urban Communities Essam El-Gazzar states that the councils of new cities launched measures to prepare for the coming winter season, Invest-Gate reports.

Egyptian Government Builds 73.1% More Housing Units in FY 2020/2021

The total number of housing units built in Egypt in the fiscal year (FY) 2020/2021 amounted to around 336,300 with total investments of EGP 150 bn, up from 194,200 units in FY 2019/2020 with investments of EGP 79 bn, Invest-Gate reports.

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