News / Investment

Qatar Investment Authority’s Investment Arm visits Damietta Port

For his part, Ahmed Hawash, Chairman of the Damietta Port Authority, states that the port is taking major steps toward becoming a key commercial and logistics hub in the Middle East.

Hassan Allam Pledges $10 bn Joint Investments in SCZONE with UAE’s Masdar

Allam notes that the company focuses on renewable energy projects, including solar and wind energy and green hydrogen.

El-Sisi Encourages Private Sector to Participate in Black Sand projects

El-Sisi adds that the feasibility studies proved sufficient black sand reserves and global demand for the extracted metals.

The Ark Development Launches Operations in Egyptian Market with EGP 30 bn Investments

The Ark Development launches its operations in the Egyptian real estate sector with up to EGP 30 bn in investments, Invest-Gate reports.

Real Estate Sector Tops EGX with EGP 7.1 bn Turnover in August

The real estate sector tops the trading value of the sectors traded on the Egyptian Exchange in August 2022, with a trading value of EGP 7.1 bn and a trading volume of EGP 4.6 bn shares, Invest-Gate reports.

SCZONE Establishes New Logistics Zone in Sokhna

Walid Gamal El-Din, chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), meets Urs Moll, CEO of DP World - Sokhna, to discuss cooperation means and joint work in the coming period along with the ongoing development work in Sokhna Port, Invest-Gate reports.

Tatweer Misr Secures EGP 240 mn Bridge Loan

Tatweer Misr secures a bridge loan of EGP 240 mn from Arab African International Bank (AAIB) to finance the construction of the Bloomfields Mostakbal City and Monte Galala projects, Invest-Gate reports.

Cairo’s Hotel Sector Sees High Occupancy Rates in Q2

Cairo’s Hotel Sector’s occupancy rates climbs to 60% in Q2 2022, almost double the level as compared to the corresponding period of last year which stood at 32%, Invest-Gate reports.

Dubai’s Imdaad Expands Footprint into Egypt

Imdaad aims to deliver a full range of world-class Facility Management solutions throughout the whole of Egypt.

Forbes Middle East Unveils The Top 50 Listed Companies In Egypt

Forbes Middle reveals its first "Top 50 Listed Companies In Egypt" ranking, featuring the country's most valuable and profitable players

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