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Vantage Developments Finalizes 60% of Century City with EGP 1.25 bn

Vantage Developments finalizes 60% of New Cairo's Century City with investments worth EGP 1.25 bn, and delivery begins in 2023, Invest-Gate reports.

Elsewedy Electric & Kuwait Sign Energy Infrastructure Contract

Elsewedy Electric for Transmission & Distribution of Energy signs a new contract with the Kuwaiti Ministry of Electricity and Water, to supply and install overhead transmission lines with a value of KD 16.1 mn to connect Boubyan's main distribution substation, Invest-Gate reports.

Al-Sharif Holding Group Signs a Contract with the National Bank of Egypt

Al-Sharif Holding Group signs a long-term financing contract with the National Bank of Egypt to contribute to the investment cost of the Shepherd Hotel development project with a value estimated at EGP 1.4 bn, as the loan amounted to EGP 978.2 mn with an interest of 8% and a grace period of three years, Invest-Gate reports.

Prime Minister Reviews New Construction Requirements

Prime Minister Mostafa Madbouly holds a meeting to review the new construction requirements with members of the local Administration and Housing Committees, Invest-Gate reports.

Babylon Announces New Agreements for Senator and Heritage

Babylon Urban Development Company announces the partnership with the largest consulting and engineering offices to supervise the implementation of Senator and Heritage projects in the New Administrative Capital, with a targeted sales value of EGP 500 mn, Invest-Gate reports.

Al Ahly Sabbour & Eltizam Group Launch JVs Worth EGP 2 bn

Egypt's leading real estate developers Al Ahly Sabbour and UAE industry giants Eltizam Asset Management Group launch two joint ventures (JVs) “Tafawuq Egypt” and “Three60 Egypt” with a combined value of EGP 2 bn, Invest-Gate, reports.

Cairo Festival City Mall Begins EGP 200 mn Renovation

Cairo Festival City Mall reveals its latest plans for the mall’s refurbishment and expansion with an additional EGP 200 mn of investments complimenting the dynamic developments and new renovations in the mall. This is part of the modernization plans announced earlier in 2019, with a total investment of EGP 2 bn, Invest-Gate reports.

Constec Eyes New Contracting Works Worth EGP 3 bn in 2021

Construction & Design (Constec) unveils its expansion strategy for 2021, which includes inking a plethora of contracting agreements for new projects worth EGP 3 bn, Invest-Gate reports.

The Real Gate Exhibition To Open This March

Under the patronage of H.E. President Abdel Fattah El Sisi, The Real Gate Exhibition and Conference, the first local flagship hybrid and virtual real estate marketplace, is to take place at the Egyptian International Exhibition Center (EIEC) from March 25 to 27.  

Home Town & Hassan Allam Property Management Join Forces

Home Town Real Estate Development partners with Hassan Allam Property Management to supervise "Lafayette Mega Mall" project in the Downtown area and "Zaha Park" project in MU23 at the New Administrative Capital, Invest-Gate reports.

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