CBE Launches Initiative Worth EGP 30 bn to Support Micro Enterprises

• Thursday, 25th May 2017
• by Fatma Khaled

The Central Bank of Egypt (CBE) launches an initiative worth EGP 30 bn to fund micro enterprises, Invest-Gate reports.

Tourist Arrivals Up 51% in Q1

• Wednesday, 24th May 2017
• by Nayrouz Talaat

Tourist arrivals to Egypt rise by 51% in the first quarter of 2017, compared to the same period a year earlier, Invest-Gate reports.

More State Land Plots Retrieved in Giza

• Wednesday, 24th May 2017
• by Fatma Khaled

Approximately 4,925 feddans of land plots were retrieved in Wahat City located 400 kilometers away from Giza, Invest-Gate reports

Egypt Progressing to Retrieve Looted State Lands

• Tuesday, 23rd May 2017
• by Fatma Khaled

The Egyptian government is cooperating with police forces to retrieve looted state land plots in Cairo, Invest-Gate reports.

Egypt’s Budget Deficit Down to 8 % of GDP

• Tuesday, 23rd May 2017
• by Nayrouz Talaat

Egypt's budget deficit for the first nine months of the FY2016-17 ending in June dipped to 8% of GDP from 9.4% during the same period last year, Invest-Gate reports.

Gov’t to Partner with UN-Habitat over Slums Development

• Tuesday, 23rd May 2017
• by Fatma Khaled

The government will partner with the United Nations Human Settlements Program (UN-Habitat) in a plan to upgrade residential units in Egyptian slums, 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.

NUCA Allocates EGP 500 mn to Develop Shantytowns

• Monday, 22nd May 2017
• by Nayrouz Talaat

The state-run New Urban Communities Authority (NUCA) has directed part of its profit surplus in the past one and a half years to developing shantytowns, Invest-Gate reports.

Over 1,000 Special New Homes to be Offered in New Cairo

• Monday, 22nd May 2017
• by Fatma Khaled

Approximately 1,872 residential units will be offered as part of a special housing project in New Cairo’s Third Settlement, Invest-Gate reports.

Gov’t Offers Sale of Social Housing Units in USD to Expats

• Monday, 22nd May 2017
• by Fatma Khaled

The government is offering the sale of social housing units in USD for Egyptian expats, Invest-Gate reports.