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Invest-Gate to Hold 3rd Roundtable on January 30

Building on its successes in the real estate market, Invest-Gate announced its plan to organize its third event entitled "Branded Residences Hotel Apartments Roundtable" on January 30, at the Nile Ritz-Carlton Hotel, Cairo.

GAFI Eyes Establishing 19 Free Zones Across Egypt

The General Authority for Investment and Free Zones (GAFI) is currently considering the establishment of 19 new free zones, in some governorates which will contribute towards boosting investor services in Egypt

ALDAU Development Kicks Off First Open Art Exhibition in Hurghada

Egypt's hospitality and property developer ALDAU Development, member of Sami Saad Holding, has opened its newest talent hub and the first walkaway in Hurghada, ALDAU Art Promenade, whereby it aims to become a supporter for innovation, creativity, and local artists.

Sisi Inaugurates Bashayer El-Khair 2 in Alexandria

President Abdel-Fattah El-Sisi inaugurated on December 26 the residential complex "Bashayer El-Khair 2," in Gheit El-Enab region, Alexandria

Mostakbal City to Have New Educational Project

El Mostakbal for Urban Development has signed a contract on December 24 with Egypt's Advanced Educational Services to develop an educational project inside Mostakbal City in east Cairo

Savills Appoints New Country Head to Lead its Launch in Egypt

International property advisor Savills has kicked off its operations in Egypt and appointed Catesby Langer-Paget as the new head of Egypt, aiming to expand "its regional presence into Egypt at a time where an influx of industry reports is emerging to highlight the great growth potential of the Egyptian real estate market"

EFG Hermes’ Egypt Education Fund 1st Close Oversubscribed With USD 119 mn

Egyptian investment bank EFG Hermes has announced that its Egypt Education Fund, focused on the country’s K-12 sector, was oversubscribed with total investments of USD 119 mn in its first close - through its private equity arm - exceeding the initially targeted USD 50-100 mn

No Disputes With China’s CSCEC Over NAC’s Towers Project: Housing Ministry

The Egyptian Housing Ministry has disclaimed news published on Al Shorouk newspaper concerning some disputes with the ministry and China State Construction Engineering (CSCE) over the New Administrative Capital's (NAC) skyscrapers project, confirming that work on site is progressing according to the set timetable

Real Estate Tax Law to be Issued Within 1 M: Official

Head of Parliament's Housing Committee Alaa Waly officially stated to Invest-Gate that Egypt's real estate tax law has been approved and will be issued within a month.

SODIC Sponsors Tawasol at Milan’s Handicraft Exhibition

Sixth of October Development and Investment Company (SODIC) sponsored El Tawasol Charitable Association during its participation in Milan’s L'Artigiano in Fiera, the world’s largest handicraft exhibition, held from December 1 to 9

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