News / Investment

NUCA Concludes EGP 4 bn Securitization Transaction

Egypt’s New Urban Communities Authority (NUCA) has concluded a securitization bond issue worth EGP 4 bn to finance a number of its underway megaprojects cross-country

Hassan Allam Gets USD 20 mn EBRD Loan for New Investments

Hassan Allam Holding (HAH) has signed an agreement with the European Bank for Reconstruction and Development (EBRD) for a USD 20 mn loan to support the construction and utility sectors in Egypt.

Gov’t Lists Over 2,000 Industrial Opportinuties on Online Map

Nearly 2,050 industrial opportunities are now available on the state's online unified industrial investment map, which was introduced back in September in a bid to promote the sector as one of the key pillars of the national economy.

Egypt, UAE Release USD 200 bn Joint Strategic Investment Platform

Egypt and the UAE have agreed to establish a USD 20 bn (EGP 322.6 bn) joint strategic investment platform, funded equally by the state-run Abu Dhabi Development Holding Company (ADDHC) and the Egyptian newly-introduced sovereign wealth fund, Tharaa.

Nasdaq-Listed Huazhu Group Acquires Deutsche Hospitality

Chinese hotel operator Huazhu Group has reached an agreement to acquire all shares of German-based hotel group Deutsche Hospitality through the former's wholly-owned subsidiary China Lodging Holding Singapore

GAFI Extends New Facilities in Mit Ghamr Investment Zone

The General Authority for Investment and Free Zones (GAFI) will extend new facilities to investors who earlier purchased the booklets of conditions for 107 specialized industrial units in Mit Ghamr Investment Zone, Dakahlia Governorate.

Egypt Remains Africa’s Top FDI Recipient in H1: UNCTAD

Egypt continues to be Africa's largest recipient of foreign direct investment (FDI) flows in H1 2019, attracting USD 3.6 bn (EGP 58.2 bn), thanks to the new investment deals that have been recently announced

Orascom Investment, Qatari Diar Eye Potential Partnership

Egypt's Orascom Investment Holding (OIH) is in talks with Qatari Diar Real Estate Investment Company for a potential deal, after conducting several feasibility studies of different investment opportunities at the regional and global levels.

UAE Banks Weighing Proposed Caps to Property Lending

United Arab Emirates' bank lobby is proposing limits on bank lending to the real estate sector to protect them from being overexposed to sector.

Egypt to Set up Accounting System for FDIs

Egypt's Ministry of Investment and International Cooperation has inked a cooperation protocol to account for the foreign direct investments (FDIs) that have been flowing into Egypt in recent years

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