News / Egypt

KONE Egypt and PARAGON Partner to Develop Smart, Sustainable Mixed-Use Spaces

KONE, a global leader in elevator and escalator solutions, has announced a strategic partnership with PARAGON Developments, a key player in developing smart and sustainable mixed-use projects in Egypt. The collaboration was revealed during a private event hosted by the Finnish Ambassador in Cairo, bringing together company representatives, partners, and stakeholders,Invest-Gate reports.

Modon Development Launches “New Capital Lagoons” in Response to PM’s Call to Adjust Property Prices

Modon Development has responded to Prime Minister Dr. Mostafa Madbouly’s call to adjust real estate prices in Egypt by launching its latest residential project, “New Capital Lagoons”, in the New Capital. Units start at EGP 3.9mn for a three-bedroom apartment, with down payments from 5% and installment plans of up to 10 years, Invest-Gate reports.

Jadeer Developments Shines at Cityscape 2025, Partners with IHG to Launch Egypt’s First Hotel Indigo

Jadeer Developments delivered a remarkable performance during Cityscape 2025, the largest real estate event in Egypt and the Middle East, held at the Egypt International Exhibition Center from September 24 to 27. The company’s booth (B55 – Hall 2) attracted many investors and clients, reflected in high booking rates and significant interest in its exclusive offers. Company officials described the event as a major turning point in Jadeer’s expansion journey, Invest-Gate reports.

New Event Developments sells out first phase of Sakan View 1, launches new project in Saudi Arabia

New Event Developments announced the complete sell-out of the first phase of its flagship Saudi project, Sakan View 1, achieved in record time. Building on this success, the company has launched its second project in the Kingdom, Sakan View 2, underscoring its commitment to expand in one of the region’s most dynamic real estate markets, Invest-Gate reports.

Strong Business Reception for Strategic Partnership Between “Sunrise Resorts & Cruises” and Global Hospitality Giant “Minor International”

Egypt’s business community has welcomed the signing of a strategic partnership between Sunrise Resorts & Cruises and global hospitality leader Minor International, witnessed by Prime Minister Mostafa Dr. Madbouly and Minister of Tourism and Antiquities Mr. Sherif Fathy at the Cabinet headquarters, Invest-Gate reports.

Knight Frank: Global Private Capital to Inject USD 1.4 bn into Egypt’s Residential Market, Cementing Its Position as MENA’s Third-Largest Construction Hub

Egypt is rapidly emerging as one of the most dynamic real estate markets in the Middle East and North Africa (MENA), according to Knight Frank’s Destination Egypt 2025 report. The global real estate consultancy revealed that private capital worth USD 1.4 bn is expected to flow into Egypt’s residential sector, solidifying the country’s position as the third-largest construction market in the region, after Saudi Arabia and the UAE, Invest-Gate reports.

IWG Expands Coastal Workspaces in Egypt as Demand for Seaside Offices Surges

International Workplace Group (IWG), the world’s largest flexible workspace provider, is rapidly expanding its network in Egypt to meet soaring demand for coastal offices, as employees increasingly choose to live and work in seaside cities, Invest-Gate reports.

Redcon Properties Signs Agreement with Savills Egypt to Manage and Operate Golden Gate Project in New Cairo

Redcon Properties, the real estate arm of REDCON, has signed an agreement with Savills Egypt to manage and operate the Golden Gate mixed-use project in New Cairo, Invest-Gate reports.

Empire State Developments targets leading global brands for Evet Mall at New Capital

Empire State Developments is seeking to bring top international brands to its flagship project, Evet Mall, in Egypt’s New Capital, amid rising demand from both investors and consumers, Invest-Gate reports.

People & Places Breaks Ground on “Hills of One” in Sphinx City with Arabtec and El Amar

People & Places (P&P) has officially commenced construction on the first phase of its flagship project, Hills of One, in Sphinx City, following the signing of a construction contract with leading contractors Arabtec and El Amar, Invest-Gate reports.

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