News / Egypt

Ascend Investments Launches Operations with Ambitious Growth Plans in Egypt and Beyond

Ascend Investments announced the official launch of its operations in the Egyptian market, supported by extensive experience and ambitious business strategies both inside and outside Egypt. The company aims to achieve sales for third parties amounting to approximately EGP 800 mn during its first year of operations, Invest-Gate reports.

Prime Minister Reviews Plans to Maximize Investment Opportunities along the Nile Corniche

Prime Minister Dr. Mostafa Madbouly held a meeting at the government headquarters in the New Capital to review efforts to maximize the utilization of lands and buildings overlooking the Nile Corniche and offer them as investment opportunities. The meeting was attended by Minister of Housing, Utilities, and Urban Communities Eng. Sherif El-Sherbini; Cairo Governor Dr. Ibrahim Saber; Giza Governor Eng. Adel El-Naggar; and Chairman of the Urban Development Fund Eng. Khaled Saddik, along with officials from relevant ministries and authorities, Invest-Gate reports.

Al-Oula Developments launches Ori Compound El Sheikh Zayed as part of its ambitious expansion plan

Al-Oula Developments has announced the launch of Ori Compound El Sheikh Zayed, a new residential project in the heart of Sheikh Zayed City, as part of its ongoing expansion strategy and commitment to delivering premium integrated communities, Invest-Gate reports.

Wadi Valley Developments Awards EGP 300mn Contract to Summit Construction for The Capital Mall

Wadi Valley Developments has signed an EGP 300mn construction contract with Summit Construction to accelerate progress on The Capital Mall in 10th of Ramadan City, in line with its strategy to maintain top-quality standards and fast-track project completion, Invest-Gate reports.

Ocasa Developments Launches Two New Projects in the New Capital and New Cairo

With American expertise and a global investment vision, Ocasa Developments is strengthening its presence in Egypt’s real estate market. Ocasa Developments has announced the launch of two new projects in the New Capital and New Cairo, marking a significant step in the company’s expansion strategy within Egypt’s fast-growing property sector, Invest-Gate reports.

El Gouna Partners with WFP to Champion Humanitarian Causes with “Cycling for Humanity” Event during the Town’s 35 Year Anniversary

El Gouna, the fully integrated sustainable town by Orascom Development on Egypt’s Red Sea coast, has partnered with the United Nations World Food Programme (WFP) to promote humanitarian causes and support food and nutrition security across Egypt, Invest-Gate reports.

Synergy Capital’s MFIC and Nawy Now Announce Oversubscription of Egypt and the Middle East’s First Ijarah-Backed Mortgage Fund

The Misr for Financial Investments – First Issuance Fund, launched by Synergy Capital through its asset-management arm Misr for Financial Investments (MFIC) in partnership with Nawy Now, was successfully oversubscribed and closed early after raising EGP 443mn within ten days of launch, Invest-Gate reports.

Rowad Modern Engineering and STA Launch Strategic Partnership to Empower Youth and Bridge Skills Gap in Construction Sector

In a major step toward empowering youth and bridging the skills gap in Egypt’s construction sector, Rowad Modern Engineering (RME) has signed a cooperation protocol with El Sewedy Technical Academy (STA)—a subsidiary of Elsewedy Electric Foundation—to launch a non-profit strategic partnership for technical education based on the “learning by practice” model, Invest-Gate reports.

New Era Developments Drives Strong Project Delivery, Unveils Ambitious Expansion Plans

New Era Developments announced it is accelerating construction across its project portfolio while preparing to roll out an ambitious expansion strategy aimed at strengthening its presence in West Cairo, Invest-Gate reports.

Orbis Developments Launches Its First Project in The New Capital from The Heart of Sharm El-Sheikh

In a move that highlights its ambitious vision and strong entry into Egypt’s real estate market, Orbis Developments announced the launch of its first project in the New Capital, during an exclusive ceremony held in Sharm El-Sheikh. The event was attended by the company’s Board of Directors, including Eng. Saeed El-Metwally and Maj. Gen. Ahmed Salem, marking a new milestone in the company’s growth journey, Invest-Gate reports.

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