News / Government

Gov’t Revives Investment Zones to Support Small-, Medium-sized Enterprises

The government sets out a plan to revive a host of investment zones in Giza, Daqahliyah and Qalyubiyah for small- and medium-sized enterprises in efforts aimed at supporting young people, Invest-Gate reports.

SCZone Attracts Ventures Worth Billion Pounds

Six investors are to develop industrial projects across the Suez Canal Zone (SCZone), including Orientals Company for Industrial Projects, Sokhna Refinery and Petrochemicals Company, Egyptian Chinese Company, and Egyptian Steel, Invest-Gate reports.

Gov’t to Offer Land Plots in Kafr El-Sheikh Investment Zone Before Year-End

Gov't is to offer new land plots in an investment zone in Kafr El-Sheikh governorate before the end of this year, Invest-Gate reports.

Gov’t to Allocate Units in New Administrative Capital for Egyptians Abroad 

The government launches a package of new services for Egyptians living abroad, Invest-Gate reports.

Egypt’s M2 Money Supply Up 39.42% at End of June

Egypt's M2 money supply was up 39.4% at the end of June from a year earlier, Reuters reports.

Egypt to Host Africa 2017 Forum in December 

The Ministry of Investment and International Cooperation (MIIC) is to organize, under the patronage of President Abdel Fattah El-Sisi, the "Africa 2017" Forum during the period from December 7 to 9 in Sharm El-Sheikh, Invest-Gate reports.

Emaar Willing to Invest in New Administrative Capital

UAE-based real estate developer Emaar Properties is willing to pump investments into the New Administrative Capital, Alamein City and South Sinai, Invest-Gate reports.

Egypt Cuts Customs Exchange Rate to EGP 16.25

Egypt is to lower its customs exchange rate to EGP 16.25 from EGP 16.50 for one month starting August 1, Reuters reports.

New Housing Project “Sakan” to be Open to Applicants on August 18

The government is to allow citizens to apply for obtaining residential units in the premium housing project "Sakan" on August 18, Invest-Gate reports.

New Opera Built in New Administrative Capital

The New Administrative Capital will encompass integrated cultural centers, ONA News Agency reports.

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