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MAVEN Developments Becomes Official Sponsor of Basketball in Egypt

Maven Developments, a leading player in Egypt’s real estate sector, has signed a multi-year partnership with the Egyptian Basketball Federation to become the official sponsor of the sport in the country, Invest-Gate reports.

Madinet Masr Achieves Record H1 2025 Results With EGP 21.3 Bn in Contracted Sales

Madinet Masr has posted record-breaking results, achieving contracted sales of EGP 21.3 bn and revenues of EGP 4.8 bn, fueled by strong demand, successful new project launches, and accelerated construction progress, Invest-Gate reports.

Orascom Development Egypt Reports 222% Surge in Net Profit in 1H 2025

Orascom Development Egypt (ODE) (EGX: ORHD.CA) posted strong results for the first half of 2025, with net profit soaring 222% year-on-year to a record EGP 3 bn, supported by solid growth across its real estate, hotel, and recurring income businesses, Invest-Gate reports.

Porto Marina Hotel Earns ISO 22000 and ISO 140001 Certifications, Affirming Excellence in Food Safety and Environmental Protection

Porto Marina Hotel, one of the North Coast’s premier destinations, has earned ISO 22000 certification for food safety management and ISO 140001 certification for environmental management, after meeting all international standards set by the International Organization for Standardization (ISO), Invest-Gate.

Prime Minister Follows Up on Final Stages of Fustat Hills Park and Its Operation Plan

Prime Minister Dr. Mostafa Madbouly reaffirmed the government’s commitment to completing and opening the Fustat Hills Park, highlighting its unique blend of heritage, cultural, and recreational zones, as well as its views of Cairo’s historic landmarks, Invest-Gate reports.

Prime Minister Follows Up on Revitalization Projects for Downtown Cairo and Khedivial Cairo

Prime Minister Dr. Mostafa Madbouly reaffirmed the government’s commitment to preserving the architectural and urban character of Downtown Cairo and the historic Khedivial Cairo, stressing that development efforts aim to restore and enhance the area’s heritage without altering its identity, Invest-Gate reports.

Prime Minister Reviews Investment Opportunities for Vacant Land Along the Nile Corniche

Prime Minister Dr. Mostafa Madbouly affirmed the government’s commitment to maximizing returns from underutilized state assets through effective management and partnerships with the private sector, Invest-Gate reports.

MG Developments accelerates Savoy phase completion to over 40%, continues progress at Blue Blue Ain Sokhna

MG Developments has surpassed 40% completion of the Savoy phase in its Blue Blue project in Ain Sokhna, maintaining progress in line with the approved schedule despite economic pressures on the real estate market. The achievement follows the successful delivery of five fully finished phases in the 120,000 sqm development, Invest-Gate reports.

Beltone Holding Reports EGP 6.3 bn in Operating Revenues, a 115% YoY Surge, with Net Profits Reaching EGP 1.3 bn in 1H 2025

Beltone Holding (BTFH.CA) announced record first-half 2025 results, with operating revenues more than doubling year-on-year to EGP 6.3 bn. Net profit after tax and minority interest rose 60% to EGP1.3 bn, while the Group’s outstanding portfolio reached EGP 34.8 bn, marking a 109% annual increase, Invest-Gate reports.

Prime Minister Reviews Preparations for Grand Egyptian Museum Opening on November 1

Prime Minister Mostafa Madbouly chaired a meeting today to follow up on preparations for the Grand Egyptian Museum’s opening ceremony, scheduled for November 1, Invest-Gate reports.

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