The First Group and Pulse Developments: Egypt offers one of region’s strongest hospitality investment opportunities
Dubai-based British hospitality developer The First Group has entered the Egyptian market through a strategic partnership with Pulse Developments, launching an integrated hospitality investment platform that marks the company’s first expansion outside the UAE. The partnership will initially deliver three
Tatweer Misr launches SALT Marina with EGP 28bn investment in North Coast
Tatweer Misr has unveiled SALT Marina, a mixed-use waterfront development in Egypt’s North Coast, with planned investments of EGP 28bn. The project is part of the company’s broader SALT development, which has total planned investments of EGP 70bn. The company
J Communities launches as parent platform, restructuring New Jersey Developments’ real estate portfolio
J Communities has announced the launch of its operations in Egypt’s real estate market as the parent company of the group, in a restructuring that places the Jamila and Jura projects under its direct management. New Jersey Developments will continue
Kuadra to launch first unified AI platform for Egypt’s construction sector
Kuadra, a MENA-based construction-tech company that provides AI adoption and workflow automation services, is preparing to launch the industry’s first unified AI-powered platform to manage the entire project lifecycle for contracting companies. The move aims to accelerate digital transformation in
Gulf Egypt plans EGP 20bn mixed-use tourism project in Sharm El Sheikh
Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company (URC), has unveiled plans for a mixed-use tourism and hospitality development in Sharm El Sheikh with investments exceeding EGP 20bn, as part of its expansion strategy in
Egypt condemns Iranian attacks on Arab states, urges de-escalation as Gulf tensions intensify
Egypt on Sunday strongly condemned Iranian attacks targeting Jordan, Oman, the United Arab Emirates, Qatar, Kuwait and Bahrain, describing them as a violation of the sovereignty of Arab states and a dangerous escalation that threatens regional peace and stability. In
Empire State Developments targets EGP 5.6bn sales from Upmount at New Capital
Egypt’s real estate market is entering a more selective phase where execution, liquidity management, and disciplined expansion matter more than rapid project launches, according to Mostafa Mohsen, Chairperson of Empire State Developments. Mohsen said the company is focusing on growth
Egypt rejects recognition of ‘Somaliland’ in talks with Somali foreign minister
Egypt completely rejects any measures that would compromise Somali territorial integrity, including any recognition of the so-called “Somaliland”, Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said on Saturday. During a phone call with Somalia’s Minister of
Egypt says four EU-backed local development projects reach 25% completion
Egypt has completed around 25% of four local economic development projects in Fayoum, Beni Suef, Luxor and Aswan under a European Union-funded technical assistance programme implemented in cooperation with the United Nations Development Programme (UNDP), Minister of Local Development Manal
Industry Minister tours Misr Spinning & Weaving complex in El Mahalla El Kubra
Egypt’s Minister of Industry, Khaled Hashem, began a field tour of El Mahalla El Kubra—one of the country’s largest industrial hubs—with a visit to the Misr Spinning and Weaving Company complex, reaffirming the government’s commitment to modernising the textile sector,