News / Investment

Sales of Offices & Commercial Spaces to Drop Due to Crisis: Ezz El-Din

Al Futtaim Group Real Estate Managing Director Ashraf Ezz El-Din said sales of administrative/commercial spaces will drop in the coming period, due to an upward trend for leasing to have the flexibility of changing spaces whenever necessary.

PepsiCo. Egypt Plans to Pump Up to USD 515 mn by 2021

Chairman and CEO of PepsiCo. Egypt Mohamed Shelbaya has asserted the company’s commitment to pump new investments in the Egyptian market up to USD 515 mn from 2018 till 2021, including USD 100 mn in 2020 only.

P&O Marinas Pledges to Shake Up Dubai’s Mina Rashid Marina

P&O Marinas has signed an agreement with Pindar Yacht Management (PYM) to shake up the former's Dubai-based development, Mina Rashid Marina, and develop a wide range of all-embracing world-class marine leisure services.

Old Cairo’s Bab Al-Azab Revamp to Get Underway

The Sovereign Fund of Egypt (SFE) has signed an agreement with the Supreme Council of Antiquities (SCA) to kick off plans to develop and operate Old Cairo's Bab Al-Azab landmark into a tourist area, in partnership with private investors.

Egypt to Establish Largest Fibre Optic Factory in MENA

State-run Arab Organization for Industrialization (AOI) and Benya Capital, a telecom and technology solutions provider, have joined forces to establish the largest fiber optic cable factory in Egypt and MENA, with a total investment of more than EGP 1 bn, at the Suez Canal Economic Zone (SCZone).

GAFI Nods to 103 Projects in City Centre Almaza’s Free Zone

Mohamed Abdel Wahab, executive director of the General Authority for Investment and Free Zones (GAFI), approved a total of 103 projects within the investment zone of City Centre Almaza.

Moody’s Keeps Egypt’s Credit Rating At B2

The credit profile of Egypt rating at B2 is supported by A3 economic strength according to Moody’s report, as reported by Ahram Online.

MIH to Use Medtronic’s Design of Portable Ventilators

The Egyptian Metallurgical Industries Holding Company (MIH) will be using the usage of Medtronic medical device company's design for portable ventilators, the Puritan Bennett (PB) 560

ASG to Invest EGP 1.4 bn For Shepheard Hotel Renovation

Egyptian General Company for Tourism & Hotels (EGOTH) has inked an investment deal worth EGP 1.4 bn with Saudi Al-Sharif Group for Contracting, Trading and Development Holding (ASG) to renovate Shepheard Hotel, Invest-Gate reports.

First Novotel in Alexandria Lands in Orouba Skyline Project

Accor, a world-leading augmented hospitality group, and real estate developer, El Orouba Misr, join forces to launch the first Novotel in its Orouba Skyline compound in Alexandria

Page 132 of 180

Popular Tags

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password