MIDAR for Investment and Urban Development has signed a major partnership agreement with Sixth of October Development and Investment Company (SODIC) to jointly develop Egypt’s first fully integrated wellness and sustainable community within “MADA”, New Cairo. The project, valued at EGP 110 billion, marks a significant step in Egypt’s ongoing urban expansion and sustainable city development efforts.
Minor Hotels has signed a joint venture with SUNRISE Resorts & Cruises to develop up to 50 hotels across Egypt, including Anantara Hotels & Resorts and Nile cruise operations, aiming to elevate the country’s luxury hospitality sector.
Aspect Development is expanding its footprint with projects in Abu Dhabi, Athens, and Cairo, strengthening its presence across the Middle East and Europe while reinforcing its commitment to premium and sustainable living.
Petromaint has secured a $121mn maintenance contract at Iraq’s Zubair oilfield and is weighing further expansion into Algeria, underlining its drive to strengthen its position in the MENA energy services market.
Egypt’s Madinet Masr has launched its new flagship development ‘Talala’ in New Heliopolis City, investing EGP 90 billion into a project designed to offer sustainable, high-quality living across a wide range of residential units.
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