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.
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'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.
The Egyptian Ministry of Investment and International Cooperation and the US Agency for International Development (USAID) inked on December 16 a USD 6 mn (EGP 96.3 mn) funding deal for phase II of the North Sinai development initiative.
The UAE International Investors Council (UAEIIC) plans to double the country's investments in Egypt to USD 14 bn (EGP 225.67 bn) over the next five years, in light of the country's promising investment climate.
Chairman of Saudi Masa Alameriah Group Bandar Alameri said his company will invest EGP 15 bn in New Alamein
Al Waleed Investment Group has opened the 114-key Lemon Tree Dubai Hotel, after earlier partnering with India-based Lemon Tree International to break the latter's brand into the UAE hospitality industry.
The European Bank for Reconstruction and Development (EBRD) is committed to increasing its investments in Egypt, pumping about EUR 5.3 bn (EGP 95 bn) through the development of 99 domestic projects.
DP World Sokhna has inked a trilateral partnership with the China State Construction Engineering Corporation (CSCEC) and the China Ocean Shipping Company (COSCO) to become the main import terminal of Egypt’s New Administrative Capital (NAC).
Marriott International is set to expand further into Egypt with its plans to introduce four more hotels in the North African country in the next five years.
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