The African Development Bank Group's (AfDB) President Akinwumi Adesin said the bank has invested up to USD 2.8 bn in 30 Egyptian-based projects since the country kicked off its economic reform program in 2016
Egyptian Trade Minister Amr Nassar has revealed that Kuwait is Egypt's third top trade partner, right after the UAE and Saudi Arabia, with bilateral trade hitting USD 1.74 bn in 2017, of which non-oil goods made up USD 363 mn
New York-based Modus Capital, an entrepreneurial development and investment fund, officially launched its operations branch in Egypt on November 7
Egypt-based Al Ahly for Real Estate Development has announced the launch of the first phase of "The Ridge," its latest villa-only community in Mostakbal City with total investments of EGP 2.5 bn and is expected to be delivered in 2023
UAE-based Emaar Development has launched the new Camelia townhouses in its gated community Arabian Ranches II in Dubai as a property ideal for families and investors seeking long-term returns
Mariout Hills Developments, a subsidiary of Mariout Hills Group, has revealed that the company had injected initial investments worth EGP 500 mn in New Alamein city, intending to expand into new cities in the near future
Housing and Development Real Estate Investment (HDRIC), one of Housing and Development Bank’s (HDB's) companies, has pumped investments of EGP 700 mn in "Tala" project in 6th of October City, intending to deliver the residential compound by mid-2020
Landmark Sabbour has signed a memorandum of understanding (MoU) with Libyan-based Lakeside for Real Estate and Touristic Investments, a subsidiary of Libyan Foreign Investment Company, to cooperate on a new project in New Cairo with total investments of EGP 10 bn
With a portfolio of 17 properties across Egypt, the leading global hospitality company Hilton has unveiled its ambitious plans to expand in the country and run 25 properties by 2022
Egypt and Germany signed a protocol of economic cooperation worth EUR 129 mn, comprising the implementation of projects over the next four years, while announcing intentions for a new Egyptian-German initiative for the training of vocational and technical education
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