News / Investment

Al-Sharif Holding Group Signs a Contract with the National Bank of Egypt

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.

Constec Eyes New Contracting Works Worth EGP 3 bn in 2021

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.

The Real Gate Exhibition To Open This March

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.  

Capital Gardens by TMG Offers Distinguished Payment Plans Via CI Capital

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

Dubai Property Market Recovers

The Dubai property market has shown signs of recovery in the second half of 2020, despite the mobility restrictions and economic downturn caused by the coronavirus pandemic, Zawya reports.

“Grantie” Announces the Inauguration of ONYX in Sheikh Zayed

“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 Downgrades Projections for Egypt’s GDP growth

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 to Invest EGP 1.5 bn in Mostakbal City: Chairman

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 Gets Almost USD 2.7 bn in Funding for Sinai Development in 2020

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.

GCC Investors Seek to Develop Cairo, Sphinx Airports: Minister

Minister of Civil Aviation Mohamed Manar said some Saudi and Kuwaiti investors are keen to compete for cargo village and logistic projects at Cairo International Airport (CAI) and Sphinx International Airport (SIA).

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