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Sky Abu Dhabi Acquires 50 Acres in New Cairo

Sky Abu Dhabi Developments, the subsidiary of Diamond Emirates Group acquires ​​50 acres in New Cairo and plans to implement an integrated urban project in partnership with the New Urban Communities Authority, Invest-Gate reports.

Al Ahram Implements 24 Housing Projects in New Cairo

Al Ahram Real Estate reveals the implementation of about 24 projects in New Cairo for the residents in the fourth district of New Cairo and Beit Al Watan area near El Shorta Club and the new building of Al-Ahly Club, Invest-Gate reports.

Edge Stone Completes 40% of Moraya Project’s Construction Works

Edge Stone Egypt finishes 40% of the construction of Moraya project in the NAC, with an expected sales of EGP 3 bn, Invest-Gate reports.

CGD Development Kicks off Glouvre Side Business in NAC

CGD Development launches Glouvre Side Business project in the NAC, with EGP 500 mn investments, Invest-Gate reports.

Cairo Festival City Mall Partners Sympl to Provide Instant Payment Solutions

Cairo Festival City Mall (CFCM) collaborates with Sympl, Egypt’s first “Save Your Money Pay Later” platform for bank card holders, Invest-Gate reports.

MNHD Achieves EGP 1.5 bn in Reservations During July

Madinet Nasr for Housing and Development (MNHD) achieves EGP 1.5 bn in reservations in July 2022 only, Invest-Gate reports.

Marakez Pens Protocol with ITDA for 5 Additional Acres in El Dakahlia

MARAKEZ contracts with the Internal Trade Development Authority (ITDA) to acquire five additional acres bringing the total land area to 51 acres for the integrated commercial, logistics, administrative, and entertainment district in El Dakahlia, Invest-Gate reports.

Housing Ministry Starts Allocating Lands & Units in Phase VIII of Bait Al-Watan

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, announces the beginning of the registration of transfers, lands allocation, and units that rolled out in the eighth phase of Bait Al-Watan project for Egyptians abroad on August 22nd, 2022, Invest-Gate reports.

Arab Developers Holding Contracts Solid Capital to Evaluate its Unit

Arab Developers Holding assigns Solid Capital for Financial Advisory as an independent financial advisor to evaluate one of the group’s subsidiaries, Invest-Gate reports.

La Sirena Group to Deliver Phase II of Palm Beach Ain Sokhna by 2022-End

La Sirena for Touristic and Real Estate Investment Company plans to deliver 155 units at Palm Beach Ain Sokhna in Q4 2022. This comes in tandem with implementing construction works of about EGP 200 mn in the project, Invest-Gate reports.

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