RTA Extends Real Estate Tax Payment Period to End-June

• Monday, 19th June 2017
• by Menna A. Farouk

The Real Estate Tax Authority (RTA) decides to extend the payment period of the real estate tax, Invest-Gate reports.

Egypt Eyes More Investments in Port Said

• Monday, 19th June 2017
• by Nayrouz Talaat

The Egyptian government is seeking additional investments in Port Said City, Invest-Gate reports.

Egypt to Establish 20,110 Units in 16 Cities by Year-End

• Sunday, 18th June 2017
• by Menna A. Farouk

The government is to complete the establishment of 20,110 residential housing units in 16 governorates by the end of this year, Invest-Gate reports.

NUCA, Canadian Transportation Firm ink MoU for Monorail Project

• Wednesday, 14th June 2017
• by Menna A. Farouk

Egypt’s New Urban Communities Authority (NUCA) and Canadian aerospace and transportation company Bombardier Inc. sign a memorandum of understanding (MoU) for a monorail project, Invest-Gate reports.

Egypt Injects First Tranche of WB Loan into Developing Upper Egypt

• Tuesday, 13th June 2017
• by Nayrouz Talaat

Egypt is injecting the first tranche of the World Bank loan worth USD 125 mn into upgrading Upper Egypt in accordance with President Abdel Fattah El Sisi’s directives, Invest-Gate reports.

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.