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Margins Developments Launches Its Advertising Campaign During Ramadan

Margins Developments launched its advertising campaign during the holy month of Ramadan, featuring star Esaad Younes and Wama band, Invest-Gate reports.

Il Cazar and STM Investment Sign Strategic Partnership to Launch Stoda, Their First Project in East Cairo

Il Cazar Developments, a leading company in the Egyptian real estate market, has announced the signing of a cooperation and strategic partnership agreement with STM Investment, an Egyptian company specialized in various sectors, including real estate development, education, clubs, malls, investments, and technology, Invest-Gate reports.

Banque du Caire Signs EGP 750 Mn Financing Agreement with Hyde Park Developments for Phase 22 “Garden Residence” in New Cairo

Banque du Caire and Hyde Park Developments have signed a medium-term financing agreement worth EGP 750 mn to finance part of the investment cost, which amounts to approximately EGP 2.4 bn, for Phase 22 (Garden Residence) in the company’s "Hyde Park" project in New Cairo, Invest-Gate reports.

Market Standard Expands into Egypt’s Real Estate Market with Proven UK Expertise

Market Standard, a UK-based real estate brokerage headquartered in London, has announced its entry into the Egyptian real estate market, building on its proven success in the UK, Invest-Gate reports.

Madinet Masr Reports Results for FY 2024

Madinet Masr, one of Egypt’s leading urban community developers, announced its standalone financial results for the full year ending December 31, 2024 (FY 2024), reporting a net profit of EGP 2.8 bn on total revenue of EGP 8.2 bn, with contracted sales of EGP 41.0 bn, Invest-Gate reports.

The Administrative Capital for Urban Development signs Land Agreement for New Headquarters for the Embassy of Côte d’Ivoire in the diplomatic district

The Administrative Capital for Urban Development (ACUD) has signed a land sale agreement with the Embassy of the Republic of Côte d’Ivoire in Cairo for a 5,000 sqm plot in the Diplomatic District of the New Administrative Capital, Invest-Gate reports.

Housing Minister Outlines Future of Egypt’s Real Estate Development at Business Gathering

Housing Minister Sherif El Sherbini highlighted the future of real estate development in Egypt during a keynote speech at the Egyptian Businessmen’s Association’s Suhoor gathering, Invest-Gate reports.

Prime Minister Reviews Financial Position of NUCA

Prime Minister Dr. Mostafa Madbouly met on Wednesday with Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, and Mr. Mohamed Ragai, Vice President of the New Urban Communities Authority (NUCA) for Financial, Administrative, and Human Resources Affairs, to follow up on and review NUCA's financial position, Invest-Gate reports.

Housing Minister Reviews Progress of “Housing for All Egyptians” Initiative in New Cities

Housing Minister Sherif El Sherbini reviewed the progress of thousands of residential units under the presidential initiative “Housing for All Egyptians” in several new cities, including New Obour, New Suez, New Minya, 15th of May City, and 6th of October City, Invest-Gate reports.

Banque Misr Grants EGP 2.6 Bn Credit Facility to Hyde Park Developments for Seashore Project in the North Coast

Banque Misr recently signed a credit facility contract with Hyde Park Developments for a medium-term loan of EGP 2.6 bn to finance part of the investment cost of the Seashore project in the North Coast, Invest-Gate reports.

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