News / Investment

Oman’s Minister of Housing Tours Egypt’s New Administrative Capital

Oman’s Minister of Housing Sheikh Saif bin Mohammed Al Shabibi, has toured Egypt’s New Administrative Capital, after attending the laying of the foundation stone of the Central Business District

UAE’s Top 10 Landscaping Developments Valued at USD 5.8 bn

The world’s tallest building 828-meter Burj Khalifa, the world’s largest indoor theme park IMG Worlds of Adventure, and the world’s biggest shopping mall Dubai Mall top UAE’s list of 10 major landscaping projects

Cityscape Awards Illustrate the Best and Brightest of Egypt’s Real Estate Sector

Following the conclusion of a successful two-day Cityscape Egypt Conference, the Cityscape Awards for Real Estate in Egypt illustrated advances in the real estate sector by recognizing outstanding concepts in real estate development and architecture

Egypt’s Net Foreign Reserves Increase to USD 42.5 bn

Egypt’s foreign reserves surged to USD 42.524 bn at the end of February from USD 38.209 bn the month before, facilitated by a USD 4 bn Eurobond sale last month

Egypt’s Trade Deficit Down by 11% in January

Exports have increased by 16% while imports fell by 4%

Egypt Allocates 1,000 Square Kilometers in South Sinai to Saudi’s NEOM

Egypt has allocated more than 1,000 square kilometers of land along the Red Sea in South Sinai to NEOM, a mega-city and business zone announced by Saudi Crown Prince Mohammed bin Salman at an international investment conference in Riyadh last October

SCZone, DP World Ink Deal for Industrial, Residential Zone in Sokhna  

The Suez Canal Authority and the Suez Canal Economic Zone (SCZone) signed an agreement with global trade enabler DP World for the first phase of development of an integrated industrial and residential zone in Sokhna

Egypt Welcomes Largest British Trade Delegation in Two Decades

Egypt has received the largest British trade delegation to Egypt in nearly two decades for a five-day visit, concentrating on oil, gas, transportation, education, infrastructure, and health

Investments Increase by 20.8% in January 2018

Investments have increased by 20.8% to reach EGP 5.2 bn last month in Egypt

Egypt’s Annual Inflation Rate Continues to Drop in January

Egypt’s annual inflation fell to 17.1% in January from 21.9% in December, achieving its lowest levels since the floatation of the Egyptian pound in November 2016

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