Coldwell Banker Egypt, Sakneen Announce Integrated Technology Solutions

Coldwell Banker Egypt and Sakneen announce a new Strategic Partnership to provide Integrated Technology Solutions to the Real Estate Sector

Ajna’s Carnelia Secures Major Profits in Ain Sokhna Area

Chief Executive of the Commercial Sector at Ajna Urban Development Company Sherif Saleh has confirmed Carnelia Sokhna sales have reached EGP 1 bn, Invest-Gate reports.

MARAKEZ Latest Development ‘Town Center’ Now Open

MARAKEZ for Real Estate Investment, one of the largest malls and commercial developers and operators in Egypt, announced the official opening of Town Center on December 1.

Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis

Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coro ...

MNHD Nods EGP 30 mn Offer for 98.4% Stake in NUI

State-run Madinet Nasr for Housing and Development (MNHD) has approved an EGP 30 mn offer to sell its 98.4%-owned subsidiary, called Nasr Utilities and Installations (NUI), to an unnamed strategic investor.

Annual Headline Inflation Down to 4.6% in July: CBE

The Central Bank of Egypt (CBE) has reported a decline in the country's annual headline inflation to 4.6% in July - the lowest since November, compared to 5.6% last June and 7.8% in the same month a year earlier. ...

Amer Group Net Profit Rises 8.6% in H1 2020

Egypt-based Amer Group reported an 8.6% hike in net profits in H1 2020, logging EGP 27.6 mn versus EGP 25.4 mn in the corresponding period last year.

Complex Legalities Hurdle Private Healthcare Investments: Experts

Legislative complexities stand as one of the major hurdles for Egypt's healthcare sector, investors and industry players revealed in a third webinar hosted on July 19 by the British Egyptian Business Association ( ...

PepsiCo. Egypt Plans to Pump Up to USD 515 mn by 2021

Chairman and CEO of PepsiCo. Egypt Mohamed Shelbaya has asserted the company’s commitment to pump new investments in the Egyptian market up to USD 515 mn from 2018 till 2021, including USD 100 mn in 2020 only.

Invest-Gate’s 1st Virtual Roundtable Plots Road to Smart Real Estate Recovery Amid COVID-19

Invest-Gate’s first virtual roundtable dug deep trenches into the Egyptian property scene amid the COVID-19 outbreak, tapping the knowledge and experience of local real estate gurus and creating a blueprint of sma ...

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