News / Egypt

GlobalCorp’s Mortgage Portfolio Exceeds EGP 3.8 Bn, Serving 1,850 Clients

As part of its strategic plan to enhance performance and diversify funding sources, GlobalCorp for Mortgage Finance (Ollin Finance), a subsidiary of GlobalCorp Financial Services Group, a leading non-banking financial services company, announced the signing of cooperation agreements with 14 banks, Invest-Gate reports.

Finance Ministry Honors MIDAR for Contributions to Tax System Support and Modernization

The Ministry of Finance honored MIDAR Investment and Urban Development, the master developer of Mostakbal City and MADA in East Cairo, during the “Shukran” (Thank You) conference, held in cooperation with the Egyptian Tax Authority, Invest-Gate reports.

Schneider Electric Completes Major Overhaul of 10th of Ramadan Distribution Center

Schneider Electric has completed the renovation of its distribution center in 10th of Ramadan City, reinforcing its commitment to operational efficiency and sustainability in Egypt, Invest-Gate reports.

Nations of Sky launches Zomra in the Fifth Settlement

Nations of Sky, the leading real estate development company, has launched a new project, Zomra, Invest-Gate reports.

HC Securities & Investment Highlights Positive Outlook for Orascom Construction

In its latest report, HC Securities & Investment has provided insights into the Egyptian construction sector, particularly regarding Orascom Construction, Invest-Gate reports.

TOREC Developments Launches New Units in T-Pearl Sheikh Zayed with Up to 9-Year Installments

TOREC Developments, affiliated with the New Urban Communities Authority, has announced the launch of the second phase of its T-Pearl compound in New Sheikh Zayed City, Invest-Gate reports.

Housing Minister Discusses Collaboration with Estadat for Sports and Investment

Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbini met with a representative from Estadat for Sports Investment to explore avenues of cooperation under an existing protocol between the ministry and the company, Invest-Gate reports.

Arab Bank Named ‘Best Bank in the Middle East 2025’ by Global Finance

Arab Bank has been awarded the title of "Best Bank in the Middle East for 2025" by Global Finance, the New York-based international finance magazine, Invest-Gate reports.

SODIC Delivers VYE Project in New Zayed Six Months Ahead of Schedule

SODIC, The leading real estate development company has announced the early delivery of units at its VYE project in New Zayed City, marking the company’s first handovers in the rapidly growing area, Invest-Gate reports.

Nawy Secures USD 23 mn in Debt Financing from Egypt’s Leading Financial Institutions to Scale Mortgage Offering

Nawy, Africa’s largest proptech platform, has secured USD 23 mn in debt financing from 10 of Egypt’s top-tier financial institutions, Invest-Gate reports.

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