News / Government

Suez Canal Records 4.1% Increase in Revenues

The Suez Canal records revenues of USD 853.7 mn in March and April, up by 4.1% compared to USD 820.4 mn in the same period last year, Invest-Gate reports.

Egypt Moves Ahead with New E-system to Manage Airports, Seaports

The Egyptian government is moving ahead with a new electronic system that will help manage airports and seaports in the country and further engage Egypt in the global trade market, Invest-Gate reports.

Gov’t Allocates New Industrial Land Plots for Investors in Sohag

The government has allocated new industrial land plots for investors in the southern city of Sohag as part of efforts aiming to boost development in Upper Egypt, Invest-Gate reports.

Several Developments in SCZone to be Finalized by June

Several industrial zones and developments are expected to be finalized by June 30 in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

Residential, Industrial Project to be Launched in Marsa Matrouh Governorate

Egypt plans to develop the coastal governorates by established a new project called Jarjob City and Port in Marsa Matrouh governorate, Invest-Gate reports.

Egypt to Build New Power Plant in New Administrative Capital

Egypt’s cabinet is approving the establishment of a new power plant in the New Administrative Capital spanning an area of 744,000 square metres, Invest-Gate reports.

The Long-Awaited Investment Law No.8 Finally Approved

Following months of preparation, the Egyptian Parliament has finally approved the long-awaited Investment Law No.8 of 2016 and to be declared by President Abdel-Fattah El-Sisi soon, Invest-Gate reports.

Egypt Property Show Hosts Several Egyptian Developments in Dubai

Several major real estate projects have been showcased in Egypt Property Show that is organized by state-owned Al Ahram newspaper, Invest-Gate reports.

Administrative Capital to Feature First High-End Residential Compound

A high-end compound, entitled Midtown, will be constructed in the New Administrative Capital, Invest-Gate reports.

Egypt Records Growth of 3.9% in Q3 of FY2016-2017

Egypt achieves a growth rate of 3.9% in Q3 of FY2016-2017 compared to 3.6% achieved during the same period last year, Invest-Gate reports.

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