Urban Development
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مال وأعمال
Otis Egypt Marks 70 Years Supporting Urban Growth and Vertical Mobility
Otis, the world’s leading elevator and escalator manufacturing, installation, service and modernization company, celebrated 70 years of operations in the Egyptian market, reaffirming its long-term commitment to the country and its continued focus on providing integrated vertical mobility solutions that address the needs of the real estate, residential, hospitality, commercial, healthcare and infrastructure sectors. The milestone comes at a time…
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عقارات
Gates Developments and Siemens Sign MoU to Advance Smart Infrastructure and Electrical Solutions Across the Company’s Projects
Gates Developments has announced the signing of a strategic Memorandum of Understanding (MoU) with Siemens, the global technology leader in smart infrastructure and digitalization, to explore opportunities for collaboration in developing smart infrastructure and advanced electrical solutions across the company’s current and future projects. The partnership reflects Gates Developments’ commitment to integrating cutting-edge global technologies into its real estate developments.…
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مال وأعمال
Samara, in Joint Venture with Raya Holding, Launches Electric Golf Cart Assembly in Saudi Arabia
Samara Land Transportation Services Co., a subsidiary of Alturki Holding, announced today the launch of assembly manufacturing for electric golf carts through a newly established joint venture in Saudi Arabia. The project will leverage Samara’s leadership in the local market, combined with the manufacturing expertise of Raya Holding through its mobility arm & portfolio company, Raya Auto. The joint venture…
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عقارات
Arab Architects Awards Festival Concludes with a Ceremony Honoring Winning Projects
Egypt, represented by the Egyptian Engineers Syndicate and the Architecture Division, hosted the Arab Architects Awards Festival 2025, which took place over three days from 24 to 26 November. The festival concluded on Wednesday evening with an awards ceremony announcing the winning projects, where Dr. Joseph Hourani, President of the Arab Architects Association, revealed the results and presented the awards…
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بنوك
Mashareq Real Estate Investment, a Subsidiary of PRE Group, obtains an EGP 1 billion syndicated loan for its commercial and administrative project, ZAG, in New Cairo, from a banking consortium led by the National Bank of Egypt
The National Bank of Egypt (NBE has successfully led a banking syndicate to arrange a long-term joint financing loan worth approximately EGP 1 billion for Mashareq Real Estate Investment, a subsidiary of Pioneers Properties for Urban Development (PRE Group). The financing will fund the first phase of the “Zag East” project, a commercial and administrative development located directly on South…
