Features

Investors Optimistic About Egypt’s Construction Outlook

Local and foreign investors seem optimistic about Egypt’s construction outlook as the government is taking a raft of economic reform measures and moving ahead with major housing projects. Invest-Gate explores

Al Futtaim Gives Egypt New Shopping Flavor

Majid Al Futtaim (MAF) has returned to the Egyptian real estate market with a replica to Mall of Emirates, only embracing a larger skiing park than that of its Dubai counterpart. While many are trolling about Ski Egy ...

NUCA’s Strategic Plans to Prosper in 2017

In efforts to meet the demand of today’s Egyptian communities, the Egyptian government is taking the lead in launching projects to redistribute over-populated communities through urban development.

BATIMAT Offers Potential Investments in Egypt

BATIMAT affirms Egypt’s commitment to participate actively in Africa’s renaissance and to strengthen partnerships and promote cross-border private sector engagement. Invest-Gate goes one-on-one with Arabian German fo ...

On Legislation for Red Bricks on Green Lands

A number of MPs have taken it upon themselves to tackle the ever-growing phenomenon of building on agricultural lands, submitting a draft law under the title “the reconciliation in violated buildings”, which is curre ...

Compensation Law to Redeem Contractors’ FX Losses

As the prices of construction materials spiked by 40% amid the challenging economic conditions that defined the past months following the float of the EGP, costs of building rapidly increased, leading to the need for ...

Bait Al Watan Targets Egyptian Expats for Economic Recovery

The government's project, Bait Al Watan, targeting Egyptians living abroad and aiming to raise USD 15 bn within four years, is yet another attempt to raise foreign currency and reduce the state budget deficit.

Nubian Lands No Longer Part of ‘One Million and A Half Acres’ Project

President Abdel-Fattah El Sisi, along with national projects consultant and former Prime Minister Ibrahim Mehleb, vow that the Nubian village of Forkund be excluded from the “One Million and A Half Acres” project

Property Prices Spike as Market Relaxes

While real estate has been traditionally seen as a safe haven against the devaluation of the local currency, as developers have been further pressured and more price hikes are on the horizon, this view may no longer ...

New Bankruptcy Law Paves Way for Business

Egypt's first drafted Bankruptcy Law comes second after the recent Investment Law No.8, aimed at reforming its economy and paving way for further business and investments across its markets. Invest-Gate looks into th ...

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