News / Middle East

Local Development Minister: Egypt is Committed to Supporting Sustainable Development, Achieving International Goals

Manal Awad, Minister of Local Development, emphasized that hosting the World Urban Forum in Cairo underscores the Egyptian state's commitment to bolster sustainable development initiatives and achieve the ambitious United Nations' goals. It presents a unique opportunity to drive positive change benefiting both urban and rural populations, Invest-Gate reports.

WUF12 Activities Begin in Cairo with the Flag Raising Ceremony of Egypt, the United Nations

Under the patronage of President Abdel Fattah El-Sisi, President of the Republic, the 12th session of the World Urban Forum (WUF12) commenced this morning in Cairo at Al Manara International Conference Center, Invest-Gate reports.

Egypt PM Meets with Qatari Social Development Minister and Family

Prime Minister Mostafa Madbouly held a meeting today with Mariam bint Ali bin Nasser Al-Misnad, Minister of Social Development and Family of Qatar, on the sidelines of the 12th World Urban Forum, Invest-Gate reports.

B.Chef Investment and Marketing Company Signs Cooperation Protocol with Egy Holding to Strengthen Real Estate Export Capabilities to Global Markets

B.Chef Real Estate Investment and Marketing Company announced the signing of a cooperation protocol with Egy Holding Group to bolster the export capabilities of Egyptian real estate to global markets, Invest-Gate reports.

Saudi Arabia Appoints BlackRock to Develop Mortgage-Backed Securities Market

Saudi Arabia has appointed BlackRock, the world’s largest asset management firm, to help develop its mortgage-backed securities market, aiming to make homeownership more accessible for its citizens, Invest-Gate reports.

Larz Developments Introduces the First Business Hub in NAC

Larz Developments, a subsidiary of Al-Gaweesh Group and a prominent entity in the real estate development sector in Egypt and the Middle East, has unveiled the inauguration of "Larz Business Hub," the first business center in the New Administrative Capital (NAC) that leverages cutting-edge technology, Invest-Gate reports.

ACUD Conducts Workshop to Revise Strategic Plan for Future Phases of the NAC

The Administrative Capital for Urban Development (ACUD) conducted a workshop to revise the strategic plan for the second, third, and fourth phases of the New Administrative Capital (NAC) and to formulate the detailed plan for the city, under the leadership of Khaled Abbas, Chairman and Managing Director of ACUD, Invest-Gate reports.

Dubai Real Estate Market Sees Unprecedented Growth

Property Monitor, a leading real estate research and data platform, reports that Dubai's property market is experiencing unprecedented growth far beyond a post-pandemic recovery, Invest-Gate reports.

NUCA Witnesses Contract Signing to Exchange Land Plots Between Samala & Alam El Roum in Marsa Matrouh for Two Plots in New Cairo

Walid Abbas, Assistant Minister of Housing at the New Urban Communities Authority (NUCA), and Amin Ghoneim, Vice President of NUCA for the Development and Urban Development Sector, presided over the signing of a contract involving the exchange of land plots owned by Samala & Alam El Roum Company in Alam El Roum area in Marsa Matrouh for two plots of land in New Cairo City, Invest-Gate reports.

Egypt, Turkey Explore Cooperation Opportunities to Enhance Targeted Industries in Egypt’s Utilities Sector

During his visit to Turkey, Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, met with the Governor of Kocaeli Province in Turkey to discuss ways and opportunities for cooperation aimed at maximizing targeted industries in Egypt's utilities sector and exchanging expertise in this field, Invest-Gate reports.

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