Gov’t Inks Three Agreements Worth EUR 203.5 mn with Germany

• Tuesday, 13th June 2017
• by Nayrouz Talaat

The government inks three agreements worth EUR 203.5 mn with Germany to boost cooperation in the areas of renewable energy, small-and medium enterprises as well as education, Invest-Gate reports.

ISDF Inks Deal Worth EGP 68.5 mn to Develop Slum in Ismailia

• Monday, 12th June 2017
• by Menna A. Farouk

The government signs a cooperation agreement with the Informal Settlements Development Fund (ISDF) to develop Ismailia’s Ali Eid slum area at a total cost of EGP 68.5 mn, Invest-Gate reports.

EBRD Approves Deal Worth USD 500 mn to Fund Renewable Projects in Egypt

• Monday, 12th June 2017
• by Menna A. Farouk

The European Bank for Reconstruction and Development (EBRD) approves on June 7 an agreement worth USD 500 mn to finance renewable energy projects in Egypt, Invest-Gate reports.  

Egypt Inaugurates 1st Industrial Plastic Complex in Alex

• Monday, 12th June 2017
• by Nayrouz Talaat

Egypt inaugurates the first integrated industrial complex for plastics on a land plot spanning an area of 25 feddans, in order to encourage the establishment of more logistics and value-added institutions that help boost surrounding industrial zones, Invest-Gate reports.

Egypt, General Electric Discuss Ways of Upgrading Railways

• Monday, 12th June 2017
• by Nayrouz Talaat

Officials from the Egyptian government and the US multinational corporation General Electric have discussed ways of upgrading the national railways in the coming period, Invest-Gate reports.

Sewage Projects Worth EGP 170 mn Completed in Damietta

• Thursday, 8th June 2017
• by Menna A. Farouk

Minister of Housing and Urban Development Mostafa Madbouly is announcing the completion of sewage lifting stations and expulsion lines in eight villages in Damietta, Invest-Gate reports.

New Development Projects to Start in Red Sea

• Monday, 5th June 2017
• by Menna A. Farouk

The Housing Ministry sign a protocol of cooperation with the Red Sea Governorate on June 4 in order to develop settlement villages for Bedouins spanning from El-Zafarana to Ras Hadraba in the Red Sea, Invest-Gate reports.

Norway Plans to Increase Investments in Egypt to USD 2 bn

• Wednesday, 31st May 2017
• by Nayrouz Talaat

Norway plans to increase its investments in Egypt to around USD 2 bn during the upcoming period, Invest-Gate reports.

Work Starts at Villas District in New Administrative Capital

• Wednesday, 31st May 2017
• by Menna A. Farouk

Construction works are starting at the site of the villas district as part of the residential community in the New Administrative Capital, Invest-Gate reports.

MFF, Contact Ink EGP 250 mn Cooperation Protocol

• Monday, 29th May 2017
• by Menna A. Farouk

The Mortgage Finance Fund (MFF) signs a cooperation protocol worth EGP 250 mn with Egypt’s real estate finance agency, Contact, to finance low-income applicants for social housing units, Invest-Gate reports.