News / Investment

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

Egyptian Property Market Sees Roller Coaster Ride in 2019: JLL

US-based commercial real estate services firm JLL unveiled that the Egyptian market experienced a “roller coaster ride” last year, with a wide range of “booms and busts” being addressed by the government in line with Egypt Vision 2030

Egypt to See Further Branded Residential Schemes: Colliers

Colliers International revealed that Egypt currently has a small number of branded residential schemes, yet further developments are in the pipeline

PM Forms 2 Ministerial Committees to Settle Investment Disputes

Prime Minister Mostafa Madbouly has mandated the formation of two ministerial committees for settling different investment disputes.

Flexible Offices Can Add USD 254 bn to Economies: Regus

The latest research by Regus, the global workplace provider, has revealed that flexible workspaces will contribute over USD 254 bn (EGP 4.09 trn) to local economies in the next decade.

US-China Deal Draws USD 490 mn Foreign Inflows to Egypt

The US-China trade agreement has contributed to the extension of USD 490 mn (EGP 7.85 bn) worth of foreign investments to Egypt in a single day.

Egypt Rolls Out 225 Projects in El Saf Investment Zone

Egypt's Ministry of Investment and International Cooperation has officially rolled out El Saf Investment Zone, Banha, offering a total of 225 fully-finished and serviced projects.

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