News / Egypt

Sky Innovo Developments Supports the Establishment of the Magdi Yacoub Global Heart Center in Cairo Through Sponsorship of the Foundation’s Annual Suhoor

Sky Innovo Developments sponsors the annual Suhoor of the Magdi Yacoub Foundation for Heart Diseases and Research in Cairo

City Edge Begins Delivering the First Luxury Residential Units in “Garden City Heights” at “New Garden City” in the New Capital

City Edge Developments — a leading company in real estate development and asset management in Egypt — has announced the commencement of residential unit deliveries at the New Garden City project in the New Capital, starting with the first phase of deliveries in Garden City Heights, Invest-Gate reports.

Planning and Housing Ministers Discuss Investment Plan to 2030 to Boost Urban Development and Quality of Life

Egypt’s Minister of Planning and Economic Development, Dr. Ahmed Rostom, and Minister of Housing, Utilities, and Urban Communities, Eng. Randa El-Menshawy, held an expanded meeting to discuss the features of the investment plan for fiscal year 2026/2027, alongside the medium-term investment plan for the period 2026–2030. The meeting comes as part of coordination between the two ministries to enhance the efficiency of public investments and support the targets of Egypt Vision 2030, Invest-Gate reports. 

Minister of Housing Appoints Eng. Khaled Sediek to Supervise the Minister’s Office

Engineer Khaled Sediek appointed to supervise the Minister of Housing’s office, strengthening leadership in national urban development projects.

MIPIM 2026 Brings Global Real Estate Leaders to Cannes

The global real estate exhibition MIPIM 2026 officially opened on March 9, 2026, at the Palais des Festivals et des Congrès in Cannes, widely recognized as the world’s most prominent annual event for real estate investment and urban development, Invest-Gate reports.

Basata Announces the Availability of Cash Deposit and Withdrawal Services for All E-Wallets Across 120,000 POS Locations

Basata, a leading electronic payment services provider in Egypt, announced the launch of a new service allowing users to perform cash in and cash out transactions for all e-wallets through its extensive POS network. Previously, this service was limited to Vodafone Cash users only, Invest-Gate reports.

“Housing Minister: Starting Sunday… Egyptian Expats’ Transfers Accepted for Beit Al-Watan Land Booking

The Ministry of Housing begins accepting bank transfers from Egyptians abroad as credits for booking 3,600 prime land plots in Beit Al-Watan Phase 11.

With Investments of EGP 70 Billion, PARAGON | ADEER Launches “Sumou Boulevard,” the Renewed Urban Destination in New Cairo

El Serafy: We are establishing a new development model with investments of EGP 70 billion (equivalent to USD 1.4 billion).
Rizk: Sumou Boulevard Mixed Use Development spans over 500,000 square meters, enabling the design of a fully integrated urban environment.

As part of a shared regional vision, PARAGON | ADEER, the Egyptian-Saudi alliance combining global-standard development with real estate investment, announced the launch of Sumou Boulevard Mixed Use Development, the renewed urban destination in New Cairo, during a celebration attended by a distinguished gathering of leaders. The project emerges as one of the Middle East’s premier mixed-use destinations, reflecting the alliance’s commitment to delivering a comprehensive development model that aligns with the aspirations of modern cities and meets the needs of the next generation, Invest-Gate reports.

Arkania Developments Expands its Investment Portfolio to EGP 9.4bn, Launches REFAD Project in New Cairo

Arkania Developments unveils its 2026 investment plan and launches REFAD, a new residential project in Golden Square, New Cairo.

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