cred Sponsors 5 Egyptian Athletes for Paris 2024 Olympics

Egyptian real estate developer Cred signs an EGP 5 million protocol with Rawabit Sports to support five athletes competing in the upcoming Paris 2024 Olympics, Invest-Gate reports.

MAVEN Developments Reviews Latest Developments of Cali Coast, Baymount

MAVEN Developments holds a roundtable to discuss the latest developments of its projects, investments, and future plans to strengthen its presence in the Egyptian real estate market, Invest-Gate reports.

CNN Names Egypt Among Top 21 Go-To Places in 2021

CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyrami ...

Emaar Misr Sees 517% Profit Jump in H1 2020

Emaar Misr for Development saw a 516.7% year-on-year (YoY) surge in net profit to log EGP 581.53 mn in H1 2020, compared to EGP 94.29 m in the year-ago period.

Amer Group Names Porto Club for Sports Investment CEO

Amer Group has announced the appointment of Hassan Elaroussy as the CEO of its subsidiary Porto Club for Sports Investment, aiming to develop a sporting club in its Porto Said project on the Mediterranean Sea.

ISDF Concludes Work on Ismailia Fish Market: El Gazzar

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that Egypt’s Informal Settlements Development Fund (ISDF) has concluded the modern fish market project in Ismailia province.

Al Ahly Sabbour Donates EGP 4.5 mn in Coronavirus Support Efforts

Al Ahly Sabbour Developments has cooperated with Tahya Misr Fund to purchase a set of respirators and 75,000 COVID-19 test kits, at a total value of EGP 4.5 mn, in efforts to aid the government in combating the no ...

Palm Hills Offers Free Sterilization Services to its Community

Cairo-based Palm Hills Developments announced it will be tightening safety measures and providing home sterilization services free of charge for all its clients

PM Forms 2 Ministerial Committees to Settle Investment Disputes

Prime Minister Mostafa Madbouly has mandated the formation of two ministerial committees for settling different investment disputes.

PHD Closes EGP 1.1 bn Loan Facility to Settle Debt

Egypt's property developer Palm Hills Developments (PHD) signed on December 18 a deal with the Commercial International Bank Egypt (CIB) to secure EGP 1.1 bn medium-term loan facility.

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