News / Egypt

Signing MOU to Launch an International Hospital in NAC

Minister of Housing, Utilities and Urban Communities Assem El Gazzar attends the signing of a memorandum of understanding(MOU) to establish, operate and manage a hospital in the New Administrative Capital (NAC) with international standards

Egypt Economic Summit Concludes with Major Recommendations to Boost Egypt’s Economy

The third edition of Egypt Economic Summit concludes with more than 30 strategic recommendations of paramount importance, from industry trailblazers and government officials, towards boosting Egypt’s economy and optimizing several industries

Nakheel Developments Completes Marketing of Double Two Tower Phase I

Nakheel Developments reveals the completion of the first phase of marketing of the Double Two Tower at in a record time

Qontrac and CMD Alliance Sets The First Stone of YARU Compound

During a celebration held at R8 in NAC, the alliance, between Qontrac and CMD Developments, puts the first stone in YARU Compound

Hometown Accelerates Zaha Park’s Construction Rate in NAC

Hometown Developments escalates the construction rate of its Zaha Park and Lafayette projects at the New Administrative Capital (NAC)

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

Edris Mohamed Reveals Challenges Facing Industrial Developers

During his participation at Invest Gate round table titled "Going Commercial: The Future of Egypt’s Real Estate Market", Edris Mohamed, managing director of Akam Developments, reveals the challenges facing the small industrial developers in new cities

Invest Gate Issues Recommendations for Industrial & Commercial Real Estate in Egypt

Invest Gate concludes its roundtable activities in 2021 with “Going Commercial…The Future of Egypt’s Real Estate Market”, in cooperation with the Egyptian Businessmen Association (EBA), on December 8, and releases its recommendations

PHD Acquires WE to Provide Telecom Services in Badya

Palm Hills Development (PHD) acquires Telecom Egypt (WE) to provide integrated telecommunication services to Badya, the first fourth-generation city in west Cairo

Basheer Mostafa Calls for Integrated Legislative Environment to Support Industrial Developers

During his participation in the Invest Gate's roundtable "Going Commercial … The Future of Egypt’s Real Estate Market", Basheer Mostafa, CEO of First Group and a member of the Egyptian Businessmen Association, calls for an integrated legislative to be provided

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