News / Egypt

FIP Milestone Eyes EGP 500 mn in Sales for 3rd Parties in H2

FIP Milestone Real Estate aims to achieve EGP 500 mn in sales during H2 2022, Invest-Gate reports.

Minister of Housing Inspects Work Progress in New Cities

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, says that officials of the new cities’ authorities inspect utilities, roads, housing, and service projects, Invest-Gate reports.

Launching MLS Real Estate Technology with 400 Projects

MLS Real Estate Technology, the first of its kind in the Egyptian real estate market, is launched, Invest-Gate reports.

The company aims to provide real estate services relying on technology to serve real estate companies and clients, whether sellers or buyers. MLS also eyes EGP 2 bn in sales during its first year.

Capriole Group’s Unit Opens Interlock Factory in Sadat City by 2022-End

Egy Crete, a subsidiary of Capriole Group, produces the latest raw materials and building materials, Invest-Gate reports.

Makadi Heights Partners Metropolitan Schools for Educational Services in Red Sea

Makadi Heights, developed by Orascom Development Egypt (ODE) in the Red Sea, contracts with Metropolitan schools and nurseries, part of St. Fatima Educational Group, to open its first branch for pre-primary education in the Red Sea, with EGP 15 mn investments, Invest-Gate reports.

Ministry of Housing Offers Eight Phases of Bait Al-Watan for Egyptians Abroad

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, says that the ministry provides all needed facilities and safe investment opportunities for Egyptians living abroad, Invest-Gate reports.

Al-Borouj Misr Partners RWDI for Sixty Iconic Tower in NAC

Al-Borouj Misr contracts RWDI Company, one of the largest engineering consultancy firms specializing in wind engineering and its effect on skyscrapers, to implement wind engineering studies for Sixty Iconic Tower project in the NAC, Invest-Gate reports.

Inertia Launches New Phase in Jefaira Project in North Coast

Inertia launches a new phase in Jefaira project in the North Coast, named Ayla. The new phase spans over 353,000 sqm, with total investments of EGP 3.8 bn, Invest-Gate reports.

Nakheel Developments Rolls Out Distinctive Payment Plans for Ojal Phase

Nakheel Developments launches distinguished payment plans in the new phase Ojal in the NAC, with a down payment starting from 5% and installments up to 10 years, Invest-Gate reports.

Construction & Housing Company to Implement Phase II of Hayah Karima Projects

Construction & Housing Company will implement phase II of Hayah Karima initiative's projects in five governorates, with more than EGP 2.5 bn investments, Invest-Gate reports.

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