News / Egypt

MG Developments Launches The EGP 1.2 bn – ProMark in NAC

MG Developments launches the -administrative- and- commercial- project ProMark in the New Administrative Capital, with investments of EGP 1.2 bn, Invest-Gate reports.

El Mostakbal & Coldwell Banker Ink Agreement to Promote Mostakbal City

Mostakbal Urban Developments signs a contract with Coldwell Banker New Homes to promote investment opportunities for the mixed-use Boulevard (commercial/administrative/residential) in the first phase leading to Mostakbal City, Invest-Gate reports.

DHL Express Delivers Happiness to Children with Cancer

DHL Express Egypt delivers happiness to the Children's Cancer Hospital 57357, under the initiative “Paper of Hope” on World Cancer Day, Invest-Gate reports.

Eight Egyptian Companies Win French-Egyptian Startup-Competition

Eight Egyptian startups win the French-Egyptian Startup Competition, under the auspices of Schneider Electric among other 14 French institutions operating in Egypt, out of more than 150 finalists, Invest-Gate reports.

MAVEN Developments Partners With AXA Insurance

MAVEN Developments partners with AXA Insurance Egypt for insurance to cover innovative insurance services for owners of Baymount project in Galala Ain Sokhna, Invest-Gate reports.

Concept Developments Launches SENET in New Administrative Capital with EGP 200 mn

Chairman of Concept Developments Ihab Abul-Magd unveils the company's new project in the New Administrative Capital, “SENET”, with total investment of EGP 200 mn, Invest-Gate reports.

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.

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