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Housing Minister Meets HDP Officials to Review New Cities’ Project Sales, Marketing and Investment Opportunities

Eng. Randa El Menshawy, Minister of Housing, Utilities and Urban Communities, met with officials from Housing and Development Properties (HDP), as part of the periodic follow-up on the sales and marketing performance of projects affiliated with the New Urban Communities Authority (NUCA), and discussions on the latest marketing plans and investment opportunities. The meeting was attended by Dr. Walid Abbas, Deputy Minister of Housing for New Urban Communities, along with a number of ministry and company officials, Invest-Gate reports.

LASIRENA Group Launches a New Phase at LASIRENA North Coast

LASIRENA Group announced the launch of a new phase at LASIRENA North Coast on an area of 30 feddans, as an extension of the current phase of the project, which covers 55 feddans, Invest-Gate reports.

VALO Hospitality inks agreement with Qatar’s Retaj Hotels & Hospitality to operate RETAJ VALO Hotel at Solara project

VALO Hospitality partners with Qatar’s Retaj Hotels to operate RETAJ VALO Hotel at Solara in Ain Sokhna, enhancing hospitality services, occupancy, and investment value.

Minister of Housing Reviews Draft Amendments to the Unified Building Law on Owners’ Associations

Egypt's Housing Minister reviews proposed amendments to the Building Law aimed at strengthening Owners' Associations, improving property management, and supporting sustainable urban development.

Emaar Misr Advances Construction Across Red Sea Marassi Project, Awards Contracts for Phase One

Emaar Misr advances the Marassi Red Sea project, awarding phase one contracts and preparing new residential, hospitality, and entertainment developments

TIG Developments Launches “The Way Mall” and “POINT HUB Mall” Projects with Investments Exceeding EGP 1.5 billion in the 2nd Half of 2026

TIG Developments company, announced launching a new expansion plan for the second half of 2026, which includes two mixed-use projects in Badr and Shorouk Cities, with total investments reaching EGP 1.5 billion, as a part of the company's strategy to expand into new cities and meet the growing demand for mixed-use projects, Invest-Gate reports.

Arab Bank Group Reports USD 571 Million in Net Profit for the First Half of 2026

Arab Bank Group achieved positive results during the first half of 2026, with net profit after tax reaching USD 570.9 million compared to USD 535.3 million as of 30 June 2025, recording a growth of 7%. The Group also maintained a strong financial position, with total equity reaching USD 13.5 billion, Invest-Gate reports.

Targeting EGP 147 Billion in Sales: PRE Group Announces Development of 380 Acres in New Zayed to Cement Presence in West Cairo

PRE Group announces a 380-acre mixed-use project in New Zayed, targeting EGP 147 billion in sales and strengthening its presence across West Cairo.

Beltone Venture Capital Realizes 3.5x Return Through Partial Exit from BirdNest

Beltone Venture Capital has announced the successful partial exit from BirdNest, delivering a 3.5x return on invested capital and an 80% internal rate of return (IRR) over a two-year holding period, Invest-Gate reports.

Building on a Proud Legacy and Shaping the Future: Lafarge Egypt Officially Rebrands as Holcim Egypt

Lafarge Egypt, a leading provider of innovative building materials and solutions and a member of the global Holcim Group, officially announced its rebranding to Holcim Egypt. Backed by an asset portfolio exceeding EGP 8 billion in the Egyptian market since commencing operations, this step marks the beginning of a new strategic phase focused on innovation, sustainable building solutions, and reinforcing Egypt’s position as a strategic market within Holcim Group’s global strategy, Invest-Gate reports.

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