News / Egypt

Global Wins Housing Ministry’s Bid for EGP 350 mn Project

Global signs an agreement with the Ministry of Housing, Utilities, and Urban Communities for the construction of 44 housing buildings including 1,056 in New Obour City with a total investment cost of over EGP 350 mn, Invest-Gate reports.

MNHD Signs EGP 35 mn Construction Agreement with DMC to Construct 13 buildings in Lake Park

The project is set to be delivered in 18 months and DMC will be in charge of the construction of the 13 buildings in Lake Park, mechanical, electrical, and plumbing work, and the facades.

Arabisk Development Offers 3 Projects with Guaranteed Rental Income System in Shorouk

Arabisk Real Estate Development Corporation introduces three projects in Shorouk city with a guaranteed rental income system in different areas, Invest-Gate reports.

Deputy Housing Minister Participates in 5th Session of Cairo Water Week

Sayed Ismail, Deputy Minister of infrastructure, Ministry of Housing, Utilities, and Urban Communities, participates in the opening session of the Water Investment Forum, which is one of the events of the fifth session of Cairo Water Week, Invest-Gate reports.

SODIC to Sponsor COP27 in November

Sixth of October Development and Investment Company (SODIC) announces sponsoring the United Nations Climate Change Conference (COP27), to be held in the Egyptian city of Sharm El-Sheikh in November 2022, Invest-Gate reports.

Memaar Al Ashraaf Contracts With Etqan to Launch EGP 300 mn Project in New Cairo

Bassem El-Sherbiny, CEO of Etqan Business Development, states that Etqan prepared financial studies and the marketing strategy for the project, in addition to a detailed tender plan.

NCB Developments Launches 2nd Project in NAC with EGP 750 mn

NCB enters into agreements with Hafez Consultants, as an engineering consultant to the project; Brain 2 Fact for management and operation; and World Gym for management of the sporting floor at the mall.

Preparational Meetings Start in NAC Ahead of AMCCO

The meeting is chaired by Ariel Guarco, President of ICA, and attended by all the board members of the alliance.

PARAGON Developments Aims to Become Egypt’s Biggest Smart Developer

PARAGON Developments seeks to become the biggest developer of smart and sustainable projects in Egypt, the company’s CEO, Mohamed Bedeir, states on the sidelines of the roundtable organized by Invest-Gate on October 12th with the title “4th Generation Cities: Opportunities & Challenges”.

Prime Hospitality Opens Prime Residence in Sheikh Zayed

Prime Hospitality Management Group announces the opening of Prime Residence in Sheikh Zayed City, Invest-Gate reports.

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