News / Global

Scope Developments Chairman: Real Estate Prices Surge Fivefold in Past 5 Years, Underlining Investment Profitability

Mohamed Ghobashy, Chairman of Scope Developments and a Board Member of the Egyptian Society of Real Estate Appraisers, emphasized that real estate stands out as the premier investment avenue, a fact underscored by decades of empirical evidence, Invest-Gate reports.

El Sherbini Reviews Progress of CSCEC Projects in NAC, New Alamein with Company Officials

Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, convened a meeting with representatives of the Chinese company "CSCEC" in Egypt to oversee the progress of the company's projects in the New Administrative Capital (NAC) and New Alamein City, Invest-Gate reports.

Housing Minister Engages with Real Estate Developers to Explore Participation in WUF12 Activities

Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, has convened with a consortium of real estate developers to deliberate on their involvement in the forthcoming 12th session of the World Urban Forum (WUF12) scheduled for November, Invest-Gate reports.

Newsweek: Rapid Development in Construction at NAC

The American magazine Newsweek lauded the swift progress in the New Administrative Capital (NAC) as depicted in new photos captured by NASA, showcasing the substantial evolution of the NAC from a nascent construction site into a sprawling urban hub, Invest-Gate reports.

Savills Egypt Records Robust North Coast Real Estate Sales Performance in 2024

Savills Egypt, the local office of the prominent global real estate advisor, has reported a notable surge in real estate sales rates along the North Coast, particularly in Ras El Hekma, which has emerged as a standout location, Invest-Gate reports.

Orascom Construction, Colas Rail, Hitachi Rail Secure Contract to Upgrade Cairo Metro Line 1 Systems

Orascom Construction PLC has announced that its consortium with Colas Rail and Hitachi Rail has inked a contract with the National Authority for Tunnels (NAT) to modernize Cairo Metro Line 1, Invest-Gate reports.

Egy Holding Completes Construction of Epic Complex Project to Fitwel International Standards

Egy Holding Developments has proudly announced the successful completion of all construction phases for the groundbreaking "Epic Complex" project in the New Administrative Capital (NAC), marking a pioneering achievement as the first endeavor in Egypt and the Middle East to adhere to the stringent international standards set forth by the Fitwel Organization for promoting healthy and sustainable building practices, Invest-Gate reports.

Mardev Developments Partners with Hilton to Launch Hilton Garden Inn Cairo New Zayed

Mardev Developments has entered a partnership agreement with Hilton to introduce Hilton Garden Inn Cairo New Zayed, Invest-Gate reports.

International Artists Showcase Masterpieces at Art Space Exhibition in North Square Mall in New Alamein Under the Auspices of Counsel Masters

Art Space and Ostraca Arts, under the guidance of Counsel Masters, are hosting the "Art Space" Contemporary Arts Exhibition starting on August 24 for a 15-day duration at the "North Square Mall" in New Alamein City, Invest-Gate reports.

MARAKEZ Introduces Adrère Amellal Eco-Lodge to Egypt’s North Coast

MARAKEZ, Egypt’s premier and award-winning mixed-use real estate developer, has announced a partnership with the esteemed Adrère Amellal Eco-Lodge for its flagship project on Egypt’s North Coast, Ramla, set to debut in Summer 2027, Invest-Gate reports.

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