Sisi Approves Joint Company Between DP World, SCZone Authority

• Sunday, 13th August 2017
• by Menna A. Farouk

Egyptian President Abdel-Fattah El Sisi is agreeing to establish a joint firm to carry out development projects in the Suez Canal Economic Zone, Egynews reports.

President Sisi Approves Social, Economic Development Plan for FY17/18 

• Thursday, 10th August 2017
• by Menna A. Farouk

Egyptian President Abdel Fattah El Sisi ratifies the social and economic development plan for the fiscal year 2017/2018, Invest-Gate reports.

Egypt Ranks Second Fastest Growing Tourism Market Globally

• Wednesday, 9th August 2017
• by Farah Montasser

Egypt ranks the world’s second fastest growing tourist destinations in 2017, Invest-Gate reports

Draft for New Investment Law Executive Regulations Approved

• Tuesday, 8th August 2017
• by Menna A. Farouk

Egypt's economic group approves the draft of the new Investment Law executive regulations, a much-anticipated decision by both local and foreign investors, Invest-gate reports. 

Egypt, EBRD to Sign Private Sector Funding Deal Worth USD 60 mn Next Week

• Monday, 7th August 2017
• by Menna A. Farouk

Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a USD 60 mn agreement next week to finance private projects, Invest-Gate reports.

Deal to Clear Dabaa Land Plot of Landmines

• Monday, 7th August 2017
• by Menna A. Farouk

Minister of Investment and International Co-operation Sahar Nasr signs a protocol of cooperation with Minister of Electricity Mohamed Shaker to clear a plot of land, dedicated to the nuclear power plant in Dabaa, of landmines at a total cost of EGP 2 mn, Invest-Gate reports.

“West of Egypt” to Host A Billion Dollar Amusement Park 

• Monday, 7th August 2017
• by Menna A. Farouk

As part of the just-launched "West of Egypt" national developmental project along Egypt's western desert and northern shores, an international amusement park similar to that of Disneyland is to be established in Marsa Matrouh at total investments of USD 2.5 bn, Invest-Gate reports.

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

• Sunday, 6th August 2017
• by Menna A. Farouk

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

• Sunday, 6th August 2017
• by Menna A. Farouk

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

• Thursday, 3rd August 2017
• by Menna A. Farouk

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.