Menna A. FaroukMenna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.
Construction Costs to Further Escalate On Fuel Price Hikes
Monday, 14th August 2017
Egypt’s construction costs are to see a further increase after the government hiked fuel prices by up to 50% in order to help meet the terms of a USD 12 bn IMF loan deal, real estate developers and contractors anticipate. Invest-Gate explores the effects of the government’s recent decision to increase fuel prices on Egypt’s real estate market
New El- Alamein City Turns Heads As Egypt’s New Riviera
Tuesday, 18th July 2017
On the north-western coast of Egypt near the Marsa Matrouh governorate, workers are racing against time to complete the first phase of a new multi-million-dollar eco-city under development to become Egypt’s “new Riviera”. Invest-Gate pays this promising destination a visit
SwanLake North Coast: Where Summer Memories Are Waiting to Happen
Wednesday, 12th July 2017
Picture the breathtaking luxury of the Far East a few hours away from home, an exclusive community where your family will unwind in the privacy of like-minded neighbors and friends. This is the promise of SwanLake North Coast, a luxurious new beach destination in Egypt to rival any world-class resort.
Real Estate Funds To Uplift Egypt’s Property Market
Sunday, 2nd July 2017
Real estate experts believe that the launch of real estate investment funds in Egypt will encourage more individuals and developers to invest in Egypt’s property market, especially amid rising prices of residential units and the declining funding capacity of the banks. Invest-Gate explores the existing real estate investment funds in Egypt and their impact on the market.
Residency-For-Property Law To Enrich The Market
Tuesday, 13th June 2017
Egypt's economists and real estate experts cheer for the latest a one-year residency program and expect it to boost the national economy and the country’s real estate industry. Invest-Gate explores more of this newly drafted law and how it should serve the real estate sector.
Russian Developers Giving Push to SCZone with New Major Industrial Park
Saturday, 13th May 2017
Russian developers are planning to give a major push to Egypt’s Suez Canal Economic Zone by clinching an agreement with the Egyptian government this month, May 2017, paving the way for starting major projects, including the assembly of Russian trucks, cars, agricultural tractors, construction equipment, furniture making, concrete products and chemicals. Invest-Gate digs deep into the projects to be carried out in Russia’s new industrial zone in the Suez Canal
Upper Egypt Seen ‘Promising’ Amid Major Developments
Thursday, 23rd March 2017
Egyptian government officials and real estate experts assert that the country’s southern governorates can be very promising for businesspeople interested in the building materials sector as major construction projects are now underway in such areas. Invest-Gate sheds light on developments in Beni Sueif in Upper Egypt
Baconin: Egypt’s Construction Sector Has Great Potential
Sunday, 19th March 2017
At BATIMAT, the originally French major building materials conference held in Cairo on March 9-11 with a total of 32 French companies taking part, Invest-Gate spoke to head of the French Economic Mission H.E Jerome Baconin, who expressed his optimism on the nationwide construction sector outlook.
Egypt May Fortune from Property Tax, But System Still in Limbo
Sunday, 12th March 2017
Egypt may fortune from its property tax, but analysts say that the anticipated reform must first weather a crumbled taxation system that fails in the collection process. Invest-Gate looks into the effects of Egypt’s property tax law