Ezz Steel Turns Profitable in 2016

• Wednesday, 24th May 2017
• by Menna A. Farouk

Egyptian steelmaker Ezz Steel achieved consolidated net profits of EGP 560.15 mn during the fiscal year ending on December 31, 2016, against net losses of EGP 603.3 mn a year earlier, Invest-Gate reports.

Parliament to Discuss Final Law for Compensating Contractors End-May

• Tuesday, 23rd May 2017
• by Menna A. Farouk

The law for compensating contractors is expected to be effective before the end of June, Invest-Gate reports.

Egyptalum Unveils New Production Line worth EGP 9.7 bn

• Monday, 22nd May 2017
• by Menna A. Farouk

Aluminium Company of Egypt (Egyptalum) announces a new production line project worth EGP 9.7 bn established in two phases, Invest-Gate reports.

New Developments to Start in New Al-Alamein City

• Sunday, 21st May 2017
• by Menna A. Farouk

The government is planning the construction of residential towers and hotel buildings in New Al-Alamein City, Invest-Gate reports.

Egyptalum Plans to Build EGP 10-bn Aluminum Factory

• Sunday, 21st May 2017
• by Menna A. Farouk

Aluminium Company of Egypt (Egyptalum) unveils a plan to establish a new aluminum factory worth EGP 10 bn, Invest-Gate reports.

Egypt to Establish Solar Power Station, Factory for Producing Solar Panels from Silica Sand

• Thursday, 18th May 2017
• by Fatma Khaled

The government is planning to establish a solar power station and factory to produce solar panels from silica sand, Invest-Gate reports.

Al-Abd to Deliver 35 Residential Units in Social Housing Project

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s leading contracting company Al-Abd says it targets delivering 35 fully-furnished residential buildings as a part of a social housing project in the Sixth of October City within next November, Invest-Gate reports.

Egypt Eyes Production of 84 mn Tons of Cement by 2020

• Thursday, 11th May 2017
• by Nayrouz Talaat

Egypt is eyeing the production of 84 mn tons of cement annually starting from 2020, Invest-Gate reports.

Egyptians Make Up Majority of Second Home Market

• Thursday, 11th May 2017
• by Fatma Khaled

Egyptians are taking up the lion’s share of the country’s second home market with foreign investors only accounting for 2%, Invest-Gate reports.

Residential, Industrial Project to be Launched in Marsa Matrouh Governorate

• Wednesday, 10th May 2017
• by Fatma Khaled

Egypt plans to develop the coastal governorates by established a new project called Jarjob City and Port in Marsa Matrouh governorate, Invest-Gate reports.