News / Government

Egypt Eyes Economic Growth Rate of 5.5-6%

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.

Egypt to Build First Small-sized Industrial Zone in Suez Canal

Egypt plans to build the first complex for small-sized enterprises on an area of 60 feddans in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

US Investors to Turn Administrative Capital Into Smart City

Several US tech companies are willing to contribute to turning the New Administrative Capital into a smart city, Invest-Gate reports.

WB funds USD 500 mn development program, Upper Egypt

The World Bank funds a USD 500 mn developmental project in Upper Egypt to improve the living standards in the southern governorates of Sohag and Qena, Invest-Gate reports.

Egypt and Lebanon Sign 15 Deals To Bolster Economic Ties

Egypt and Lebanon sign 15 protocols of cooperation during the 8th session of the Egyptian-Lebanese Joint Higher Committee, which kick-starts on March 20, Invest-Gate reports.

Arish Displaced Families Relocate In 50 Flats, Ismailia

Displaced coptic families of Arish relocate to 50 fully- furnished and equipped flats in Ismailia

Debate Heats Up On Draft Law Of Old Rental System

A draft law on Egypt's old rental system is stirring heated debate among the country’s tenants and experts, Invest-Gate reports.

Applicants for Beit El-Watan Housing Project Receive Land Plots Sunday

Minister of Housing Mostafa Madbouly announces that applicants for a national housing project located in New Cairo are to receive their land plots on Sunday, Invest-Gate reports

Gov’t Seeking to Boost Industrial Investments in 13 Cities

The government is planning to allocate a land plot spanning an area of 15 mn square metres for industrial purposes in 13 governorates this year with the aim of boosting the industrial sector, Invest-Gate reports.

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