Siemens AG and Siemens Energy AG, two independent companies rigorously focused on the energy sector, have inaugurated a smart clinic in Shubra El Kheima, Qalyubia, aiming to provide quality healthcare to about 15,000 patients a year.

The Egyptian Ministry of International Cooperation's funding portfolio from development partners for local civil aviation sector projects currently stands at almost USD 225.7 mn (EGP 3.54 bn).

UAE-based business conglomerate Al Habtoor Group (AHG) is putting the finishing touches on its newest office in Cairo, which is set for inauguration by year-end.

Egypt has managed to create a very healthy startup scene to lead Africa’s investment charts in 2019, while also maintaining a good position during the current year, therefore ranking second in the Middle East with USD 130 mn (EGP 2.05 bn) worth of investments.

Finance Minister Mohamed Maait has confirmed that the country's eligible green projects amount to USD 1.9 bn (EGP 29.91 bn), which reflects the state's efforts to achieve the goals of its sustainable development strategy, or Egypt Vision 2030.

Egypt-based Master Group has announced setting up a new real estate development and investment company in the United Kingdom, in a bid to reach out to more property investors and create additional investment opportunities overseas.

Saudi-based Musharaka REIT has purchased a 5,400-square-meter land plot in Jumeirah Lakes Towers from Dubai Multi Commodities Center (DMCC), at a total cost of USD 12.6 mn.

The Central Bank of Egypt (CBE) has successfully secured more than EGP 21 bn in investments from the EGP treasury bills (T-Bills).

A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.

Sixth of October for Development and Investment Company's (SODIC) subsidiary, Sixth of October Development and Real Estate Projects (SOREL), has signed an EGP 2.57 bn medium-term credit facility with the Arab African International Bank (AAIB).