News / Egypt

A Historic Partnership for Change: Sawiris Foundation and Essam & May Allam Foundation Commit EGP 200mn to Egypt’s Sustainable Development

In a landmark move underscoring the pivotal role of civil society in shaping Egypt’s future, the Sawiris Foundation for Social Development and the Essam & May Allam Foundation for Sustainable Development have announced a four-year partnership worth EGP 200mn (2025–2029). The agreement, equally funded by both foundations, was unveiled at a high-profile ceremony at the Grand Egyptian Museum, an iconic symbol of Egypt’s heritage and vision for progress, Invest-Gate reports.

Salam Properties Obtains Construction Permits for SPD Business Complex, Begins Excavation and Construction Works

Salam Properties has secured construction permits for the SPD Business Complex and has already begun excavation and construction works. The company confirmed that all procedures are being implemented in line with the highest building standards and legal requirements, Invest-Gate reports.

Qurtoba Real Estate Development Unveils “Nuzul Tower” in the Heart of the New Capital with Investments Exceeding EGP 3bn

Qurtoba Real Estate Development has officially launched Nuzul Tower in the New Capital, with investments exceeding EGP 3bn. The announcement came during a major ceremony attended by investors, partners, and real estate leaders, underscoring the company’s ambitious vision and strong entry into the capital, Invest-Gate reports.

TMG Holding’s Arab Company Upgraded from “A+” to “AA-” with Outlook Revised from ‘Positive’ to ‘Stable’

Talaat Moustafa Group Holding (TMG) announced that its wholly owned subsidiary, the Arab Company for Projects and Urban Development — the Group’s primary operational arm locally and regionally — has received an upgraded local creditworthiness rating from A+ to AA-, alongside a revised Outlook from Positive to Stable, according to the latest update from Meris Middle East Credit Rating and Investor Services, the leading credit rating agency in the MENA region, Invest-Gate reports.

Prime Minister Reviews Proposals from Global Alliance to Manage Financial District in New Capital

Prime Minister Dr. Mostafa Madbouly chaired a meeting to review proposals from the Cairo International Financial Center (CIFC) for the management of the Financial and Business District in the New Capital. The meeting was attended by Minister of Housing, Utilities, and Urban Communities Eng. Sherif El-Sherbini, along with CIFC representatives Mr. Raoul Alos Thomas, Mr. Hisham Kaddoura, and Mr. Salah Al-Nasser, Invest-Gate reports.

Fawry Partners with CDS Solutions to Deliver Integrated Payment Solutions for Odoo Customers in Egypt

Fawry, Egypt’s leading fintech company, has announced a strategic partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt, to integrate Fawry’s point-of-sale (POS) systems with Odoo’s POS platform. The move underscores both companies’ commitment to driving digital transformation and enhancing operational efficiency for businesses across Egypt, Invest-Gate reports.

One of One Officially Launches in The Egyptian Market with a Portfolio of Four Strategic Land Plots across East and West Cairo

One of One has officially launched in Egypt as a real estate developer with investments exceeding EGP 150bn. The company enters the market with a strategy focused on long-term value and integrated planning, aiming to redefine urban development by creating communities centered on people through thoughtful design, practical services, and sustainable value, Invest-Gate reports.

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