News / Egypt

SODIC Opens Tawasol’s New Community School at Istabl Antar

SODIC celebrates the official opening of Tawasol’s new community school in Istabl Antar, Invest-Gate reports.

Elsewedy Electric, Toyota Sign EGP 1.46 bn EPC Contract

A consortium of Egyptian cable maker Elsewedy Electric and Toyota Tsusho signed an EGP 1.46 bn agreement to supply and install smart electricity meters, in a move aimed at upgrading Egypt's electricity infrastructure.

LMD to Bring Africa’s 1st W Branded Residences to Egypt

Egypt-based real estate developer LMD has signed an agreement with Marriott International to bring Africa's first "W" branded residences to its flagship mixed-use project in New Cairo, or "One-Ninety."

IVY Schools Attempt to Accelerate Egypt’s Digital Transformation

With the Coronavirus hit reflecting deeply on Egypt's education system, IVY International Schools, in cooperation with US-based Harmony Schools, will integrate STEM-focused teaching and learning approaches to its curriculum, in response to the upward trend in homeschooling.

ODE’s Makadi Heights to Soon See Integrated Telecom Services

Orascom Development Egypt's (ODE) flagship project on the Red Sea coast of Hurghada, Makadi Heights, will soon see integrated telecommunication services, under the signing of a cooperation agreement with Telecom Egypt - WE.

PHD Closes its Largest Securitization Transaction

Palm Hills Developments (PHD) has announced closing its fifth and largest securitization bond, in a transaction backed by a receivables portfolio of EGP 1.5 bn, and handled by the Arab African International Bank (AIIB) and CI Capital Investment Banking (CIIB).

Lafarge Egypt Launches 50 Medical Convoys in 2020

Lafarge Egypt, a member of LafargeHolcim Group, has joined forces with the Egyptian Council of Pro-Peace Physicians (ECOPP), to launch 50 medical convoys across four governorates throughout 2020, as part of its corporate social responsibility (CSR).

Japanese Ambassador Tours New Alamein Projects

Japanese Ambassador in Cairo Masaaki Nuki has paid a visit to New Alamein to keep abreast of the latest updates on ongoing development projects driving growth and investment in the new coastal city.

El Gazzar Tracks Progress on Port Said Developments

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with Port Said Governor Adel Al-Ghadban to follow up on the various ongoing development projects driving economic growth and real estate investment to the Mediterranean city.

Beta Egypt Lists 100 West Cairo Units Under CBE Initiative

Beta Egypt for Urban Development and Banque Misr have partnered to provide mortgage services for the Egypt-based developer's various gated communities in west Cairo's October Gardens, thereby listing 100 residential units under the Central Bank of Egypt (CBE) real estate financing initiative.

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