Coronavirus
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Developers
O West Hosts Tough Mudder Challenge
Monday, 8 March 2021
O West, the first residential project for Orascom Development Egypt in the 6th of October city, hosts Tough Mudder on March 5 and March 6, in attendance of the Minister of Youth and Sports Ashraf Sochi, Invest-Gate reports.
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Government
Gov’t Inspects Entrance of New Damietta City
Sunday, 14 February 2021
Mohamed Ragab, head of the New Damietta Development Authority and supervisor of New Mansoura City, has inspected the implementation work to enhance the efficiency of the western entrance of the new city of Damietta and the extension road (A2), Invest-Gate reports.
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Developers
Marseilia Group Chairman Heliw: Real Estate Market Looks Optimistic
Wednesday, 3 February 2021
Sherif Heliw, Chairman of Marseilia Group, says that 2020 was an exceptional year for the group and all Egyptian real estate development companies, Invest-Gate reports.
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Developers
Tahya Misr Fund & Emaar Misr Sign a New Protocol
Tuesday, 2 February 2021
Tahya Misr Fund and Emaar Misr Company have signed a cooperation protocol to implement the sustainable development plan for Sidi Abdel Rahman village in Matrouh Governorate, Invest-Gate reports.
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Government
Gov’t Follows up on Roads Network in New Damietta
Monday, 18 January 2021
Head of New Damietta Development Authority Mohamed Ragab, accompanied by officials of the agency, inspects the work process of the new road network in New Damietta, Invest-Gate reports.
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Developers Government
El Mostakbal Donates EGP 7 mn to Tahya Misr
Wednesday, 13 January 2021
El Mostakbal for Urban Development has donated EGP 7 mn to Tahya Misr Fund to facilitate the provision of the newly-introduced Coronavirus vaccine to eligible groups.
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Government
Major Gov’ Projects at New Mansoura City Nearly Finished
Sunday, 10 January 2021
Mohamed Ragab, head of the New Damietta Development Authority and the supervisor of the New Mansoura, has inspected the New Mansoura City, accompanied by Yasser Kahla, Deputy Head of the Agency, among other officials as part of the daily periodic follow-up of the projects at new cities, Invest-Gate reports.
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Developers
Master Group to Further Expand Into NAC, Upper Egypt
Wednesday, 2 December 2020
Master Group Vice-Chairman Mohamed Mounir has unveiled the addition of the company's third real estate development in the New Administrative Capital (NAC) to its project portfolio in Q1 2021, while also affirming expansion into Upper Egypt.
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Government
125,000 fully finished Units See Tremendous Demand: Al-Gazzar
Monday, 16 November 2020
Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, has stated that there is a tremendous demand on reserving the 125,000 fully finished housing units, Invest-gate reports.
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Government
Egypt’s Foreign Reserves Increase to USD 38.43 bn
Wednesday, 7 October 2020
Egypt's foreign reserves have increased to USD 38.425 bn at the end of September 2020 from USD 38.366 bn at the end of August, the Central Bank of Egypt (CBE) announced on October 7.
Latest News
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Upper Egypt Development Reaches EGP 83 bn in 7 Years
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Emaar Misr Signs Contract to Develop Cairo Gate
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Concord Expands with New Branch in New Cairo
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Engineering Solutions Adds EGP 2 bn Business Value during 2021
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Last Modified April 7, 2021