Schneider Electric recognizes the efforts of its distributors Electra Control Co. for the supply and installation of HVAC systems, Hybrid Systems, and Industrial Services Center (DATCO) for receiving accredited certificates for the Industrial Automation Distributor (IAD) program from Schneider Electric, Invest-Gate reports.

Eight Egyptian startups win the French-Egyptian Startup Competition, under the auspices of Schneider Electric among other 14 French institutions operating in Egypt, out of more than 150 finalists, Invest-Gate reports.

Al-Sharif Holding Group signs a long-term financing contract with the National Bank of Egypt to contribute to the investment cost of the Shepherd Hotel development project with a value estimated at EGP 1.4 bn, as the loan amounted to EGP 978.2 mn with an interest of 8% and a grace period of three years, Invest-Gate reports.

Construction & Design (Constec) unveils its expansion strategy for 2021, which includes inking a plethora of contracting agreements for new projects worth EGP 3 bn, Invest-Gate reports.

Under the patronage of H.E. President Abdel Fattah El Sisi, The Real Gate Exhibition and Conference, the first local flagship hybrid and virtual real estate marketplace, is to take place at the Egyptian International Exhibition Center (EIEC) from March 25 to 27.  

CI Capital Investment Bank reveals distinguished payment plans at Talaat Moustafa Group Holding’s (TMG) Capital Gardens, Invest-Gate reports.

“Grantie" company announces the inauguration of "ONYX", the largest integrated medical complex in an area of ​​300 m in Sheikh Zayed with a cost of EGP 10 mn, Invest-Gate reports.

Fitch Solutions has downgraded its projections for Egypt’s real GDP growth for the second time in two months to reach 3% in 2021, down from the 3.2 % that in December 2020

El Rabwa Network has unveiled plans to pump EGP 1.5 bn worth of investments into developing the Global Paradigm Schools complex in New Cairo’s Mostakbal City, following the opening of the education project's first administrative headquarters in early December.

Egypt teamed up with several international financial institutions for financing several development projects in the Sinai Peninsula, at a combined value of almost USD 2.7 bn (EGP 42.4 bn), in 2020.