News / Egypt

TOREC Developments Reports EGP 3.18 bn in Sales and EGP 87 mn Net Profit for 2024

El Tameer Developments (TOREC Developments), a subsidiary of the New Urban Communities Authority (NUCA), has announced its financial results for 2024, achieving contracted sales of EGP 3.18 bn, Invest-Gate reports.

Housing, Petroleum Ministers Discuss Enhancing Cooperation to Accelerate Priority Projects

Eng. Sherif El Sherbini, Minister of Housing, Utilities and Urban Communities, and Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, held a joint meeting at the Ministry of Petroleum's headquarters, Invest-Gate reports.

Minister of Housing follows up on progress of Sheikh Zayed City expansions “New Zayed”

Minister of Housing, Utilities, and Urban Communities Sherif El Sherbiny reviewed progress on the 8,336-feddan expansion of Sheikh Zayed City, known as New Zayed , Invest-Gate reports. 

Babylon Urban Development Partners with MRB To oversee the management and operation of Senator and Heritage projects

Babylon Urban Development, a leading developer in the Administrative District, has signed a strategic agreement with MRB Holding, the top facility management consultancy of 2024, to oversee the management and operation of Senator Twin Tower and Heritage, both located in the Administrative District of the New Administrative Capital, Invest-Gate reports.

Beltone SMEs Joins Global Forum to Enhance SME Financing and Innovation

Beltone SMEs has joined the SME Finance Forum, a global alliance managed by the International Finance Corporation (IFC), a member of the World Bank Group, Invest-Gate reports.

Reportage Properties Launches Exclusive Ramadan offer: “Buy One, Get One Free”

Reportage Properties has announced a game-changing offer for its flagship project, Montenapoleone, in Mostakbal City during the holy month of Ramadan, Invest-Gate reports.

NUCA Board Approves Allocation of 20 Land Plots in East Port Said City “Salam” for Logistics Zone Establishment

The Board of Directors of the New Urban Communities Authority (NUCA), in a meeting chaired by Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, approved the allocation of 12 plots of land for residential activities and 8 plots for mixed residential activities in the distinguished housing area of East Port Said City "Salam", Invest-Gate reports.

Tatweer Misr Sets a New Benchmark as Egypt’s First Real Estate Developer to Achieve SmartScore Platinum Certification rating as a best-in-class Smart Building for Its future-proof headquarters at Arkan Plaza

Tatweer Misr, a leading real estate developer in Egypt, has achieved a significant milestone by becoming Egypt’s first developer to achieve the SmartScore Platinum Certification rating as a best-in-class Smart Building from WiredScore for its future-proof headquarters at Arkan Plaza, Sheikh Zayed, Invest-Gate reports.

Arab Developers Holding Continues to Develop “Nyoum October” With the Opening of Globe International School

Arab Developers Holding, a leading real estate development company, has successfully attracted major brands to operate various service activities within its Nyoum October project, aiming to provide an exceptional residential experience, Invest-Gate reports.

Housing Minister, Qalyubia Governor Review Collaborative Work Files

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, received Eng. Ayman Attia, Governor of Qalyubia, to discuss several joint initiatives between the Ministry of Housing and the Governorate, Invest-Gate reports.

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