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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.

Reportage Properties Completes Handover of “Rukan Tower” in Dubai

Reportage Properties, the prominent UAE real estate developer, has finalized construction in the "Rukan Tower" project located in Wadi Al Safa - Dubai Land, Invest-Gate reports.

DEN Real Estate Consultancy Hits EGP 5 Bn in Developer Sales Since Start of 2024

Mohamed Abdallah, the CEO of DEN Real Estate Consultancy, announced that the company has facilitated real estate sales for developers amounting to EGP 5 bn since the year's onset, as a key component of its strategic expansion within the real estate marketing realm, Invest-Gate reports.

SODIC Launches Matcha, Good Days in CAESAR, Expanding Hospitality, Retail Offerings in Egypt’s North Coast

SODIC, Egypt's premier real estate developer, has unveiled Matcha, its latest commercial hub situated at the core of CAESAR in Ras El Hekma, alongside Good Days, a boutique concept featuring luxurious serviced apartments within the Matcha complex, Invest-Gate reports.

Somabay Records 155% Surge in Profits in H1 2024

Somabay, a leading company in tourism investment and the developer behind the renowned Somabay peninsula, disclosed profits of EGP 102 mn in the first half of 2024, denoting a remarkable 155% surge compared to the corresponding period last year, 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.

El Batal Developments Engages JLL for Integrated Property Management Services at Rock Gold Mall

El Batal Developments has engaged JLL, a global professional services firm specializing in real estate, investment management, and development consultancy, to oversee property management duties for Rock Gold Mall, the inaugural gold and beauty mall in the Fifth Settlement of New Cairo, 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.

Dubai Developments Introduces “Lumia Lagoons” as Fourth Project in NAC

Dubai Developments has unveiled its fourth project in the New Administrative Capital (NAC), named "Lumia Lagoons," spanning 37 feddans in the R8 area, Invest-Gate reports.

Dubai Land Department Suspends 10 Property Owners from Leasing Activities

DLD announced on Monday that it has suspended 10 property owners from renting or re-renting their properties due to non-compliance with occupancy, health, and safety regulations, Invest-Gate reports.

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