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.

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

• Wednesday, 2nd August 2017
• by Menna A. Farouk

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

• Tuesday, 1st August 2017
• by Menna A. Farouk

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 

• Tuesday, 1st August 2017
• by Menna A. Farouk

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

• Monday, 31st July 2017
• by Menna A. Farouk

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.