News / Middle East

Kuwait’s Urbnlanes Launches Levels Tower in NAC

Urbnlanes, the real estate development agent of Kuwaiti First Group Investments, launches its first projects in Egypt in the field of development, levels business Tower, in the NAC, Invest-Gate reports.

MARAKEZ, Tabreed Pen BOOT Contract for District Cooling Plant of D5M

MARAKEZ signs a BOOT contract with the National Central Cooling Company (Tabreed) and the Egyptian Company for Energy and Cooling projects (Gascool) to provide district cooling services to D5M, the first mall in New Katameya in East Cairo, Invest-Gate reports.

Nakheel Developments Prepares for Opening its New Headquarters in Dubai

Nakheel Developments announces its preparation to open its 1st branch outside the Egyptian real estate market, at "Time Oak Hotels & Suites" Hotel in Dubai, Invest-Gate reports.

El Gazzar Presents Urban Experience in Egypt to Zimbabwean Delegation

Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, meets with Julie Moyo, Minister of Local Government, Public Works and Housing of Zimbabwe State, and Sheba Shumbionda, the Zimbabwean Ambassador in Cairo, and their accompanying delegation, in the presence of ministry officials to present the urban experience in the Egyptian state during the era of the President Abdel-Fattah El-Sisi, Invest-Gate reports.

Minister of Housing of Côte d’Ivoire Visits NAC to See Urban Development during El-Sisi Era

Bruno Nabagné Koné, Minister of Housing of the State of Côte d'Ivoire, and Timothy Ezouan, Ambassador of Cote d'Ivoire in Cairo, and the accompanying delegation visit the NAC, to know about the urban experience during El-Sisi era, Invest-Gate reports.

Dubai Developments Launches OBSIDIER In NAC

Dubai Developments launches its second project, OBSIDIER, in the New Administrative Capital (NAC) with EGP 4 bn of investments and targets EGP 5 bn of sales

Dubai to Host Egypt 2030 Exhibition in February 2022

Dubai will host the first edition of “Egypt 2030” exhibition, launched by AL Etegah Al Awal, on February 18-20 in Dusit Thani Dubai Hotel, Invest-Gate reports.

Aldar & ADQ Acquires SODIC’s Majority Stake in a EGP 6.1 bn deal

SODIC’s shareholders agree to sell 85.52% of the company's issued share capital to a consortium that is 70% controlled by Aldar and 30% by ADQ, making the Aldar-ADQ consortium the largest and majority shareholder of SODIC, according to SODIC's Managing Director Magued Sherif

UAE’s Chimera Acquires 25% of Sawiris’ Gemini

The UAE’s Chimera acquires 25% of Sawiris’ Gemini in a USD 100 mn transaction

Tabarak Developments Lands its A’Aly Al Riyadh in GCC

Tabarak  Developments expands in the Gulf real estate market with its first project outside Egypt, A'Aly Al Riyadh, with SAR 100 mn of investments

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