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Emaar Misr pens deal with MIDAR for EGP 100B development project

Emaar Misr for Development inked a strategic partnership agreement with MIDAR for the New Mivida residential project, with investments amounting to EGP 100 billion

Updated 2/16/2025 8:04:00 AM
MIDAR, partners unveil $2B investment in Egypt’s hospitality, leisure sectors

MIDAR has inked a memorandum of understanding (MoU) with Saudi Arabia’s Sumou Investment, ADEER International, and Hassan Allam Holding to invest $2 billion into Egypt’s hospitality and leisure sectors.

Updated 1/26/2025 8:50:00 AM
Midar Investment nears agreements with Gulf investors for 2 major projects in Egypt

Midar Investment and Urban Development is on the verge of finalizing two contracts with Gulf investors to develop two large-scale projects, each spanning 1,500 feddans, a company official told Asharq Business.

Updated 9/24/2024 8:23:00 AM
Madinet Masr, MIDAR to develop residential project in Mostakbal City

Madinet Masr has signed a contract with MIDAR for Investment and Urban Development to develop an integrated residential project under the revenue-sharing system in the fourth phase of Al Amal Axis in Mostakbal City.

Updated 7/22/2024 10:58:00 AM
Hassan Allam Properties to launch EGP 35B project in Mostakbal City

Hassan Allam Properties (HAP) has acquired a new land plot at MIDAR’s Mostakbal City for a mixed-use development project in East Cairo.

Updated 3/14/2024 8:31:00 AM
TSFE considers floating MIDAR’s shares on EGX in 2024

The Sovereign Fund of Egypt (TSFE) is planning to float shares of MIDAR for Investment and Urban Development on the Egyptian Exchange (EGX) within the first half (H1) of 2024.

Updated 10/2/2023 8:57:00 AM
MIDAR in talks with Gulf investors over lands sale in USD

Egyptian real estate developer MIDAR for Investment and Urban Development is currently in advanced talks with Gulf investors over selling plots of land in US dollar.

Updated 10/1/2023 11:06:00 AM