• MENA 1.78 -9.64%
  • ZMID 40.80 7.49%
  • UEGC 0.81 -2.30%
  • PHDC 1.74 -0.23%
  • TMGH 7.14 0.00%

Cornerstone Development Launches 80% Finished Luxury Units at RED–Water Villas & Floating Gardens in Mostakbal City

After the success of its first two phases, Cornerstone Development is preparing to launch the third phase of its RED–Water Villas & Floating Gardens project in Mostakbal City, New Cairo, offering luxury units at competitive prices, Invest-Gate reports.

Housing, Tourism Ministers and Giza Governor review masterplan for developing area between Sphinx Airport and Saqqara with WATG

Eng. Sherif El-Sherbini, Minister of Housing, Utilities and Urban Communities; Mr. Sherif Fathi, Minister of Tourism and Antiquities; and Eng. Adel El-Naggar, Governor of Giza, held an expanded meeting at the Ministry of Housing headquarters in the New Capital to review the strategic masterplan for developing the area stretching from Sphinx International Airport to the Saqqara Pyramid. The project, which covers the Giza Pyramids Plateau and the Grand Egyptian Museum, is being prepared in collaboration with Wimberly Allison Tong & Goo (WATG), Invest-Gate reports.

Barwa Developments collaborates with Telecom Egypt “WE” to deliver smart technology solutions across its projects

Barwa Developments has signed a Memorandum of Understanding with Telecom Egypt (WE) to provide comprehensive communication and smart technology services across all its developments, in line with its strategy to create fully integrated, technology-powered projects, Invest-Gate reports.

Beltone Mortgage Successfully Concludes its First EGP 1.32 bn Securitization Issuance

Beltone Mortgage has completed its first securitized bond issuance worth EGP 1.32 bn, attracting strong investor demand with 2.3 times oversubscription. The deal, executed under Beltone Securitization’s second program, underscores confidence in the company’s portfolio and financial position, Invest-Gate reports.

Sharjah Deputy Ruler and Head of Judiciary in Official Visit to Egypt’s New Capital

The New Capital welcomed Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Emirate of Sharjah and Chairman of the Judiciary Council, on an official visit to Egypt. He was accompanied by a delegation that included the Head of the Judiciary Department, the President of the Court of Cassation, and senior judicial figures from the Emirate, Invest-Gate reports.

Hyde Park Developments extends support to Magdi Yacoub Heart Foundation with donations exceeding EGP 7 mn

Hyde Park Developments, one of Egypt’s leading real estate developers, reaffirmed its commitment to community development by extending its long-term partnership with the Magdi Yacoub Heart Foundation (MYF). The company’s total contributions to date have surpassed EGP 7 mn, supporting the Foundation’s mission to provide free, world-class cardiac care and research, Invest-Gate report.

Palm Hills Development Positioned for Expansion

HC Brokerage issued an update on Egypt’s real estate sector, highlighting Palm Hills Development’s (PHDC) strategic expansions and strong performance, Invest-Gate report.

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