Damietta Furniture City, Al Hokair to Establish Joint Projects

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

Cairo Hosts 22nd Euromoney Conf on Sept 18

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Cairo will host the investment international conference Euromoney on Sept 18-19, gathering a wide range of investors, policymakers, and officials to discuss recent businesses issues and investment opportunities in Egypt, Invest-Gate reports.

Nasr: Approved New Law to Lure More Investments

• Sunday, 20th August 2017
• by Menna A. Farouk

Investment and International Cooperation Minister Sahar Nasr says executive regulations to the new investment law aim to attract more investments to the country by providing the suitable climate, Invest-Gate reports.

Egypt, AFDB Discuss Program to Support Infrastructure Projects

• Sunday, 20th August 2017
• by Menna A. Farouk

The Egyptian government is in discussions with the African Development Bank (AFDB) for a program worth USD 3 bn planned for 2015-2019, aiming to support Egypt's infrastructure projects, Invest-Gate reports.

WB Team to Visit Egypt Aug 20 for Loan Discussions

• Wednesday, 16th August 2017
• by Menna A. Farouk

A World Bank delegation is to visit Egypt on August 20-24 to reimburse the third tranche of a loan that aims at supporting Egypt's social and economic development program, Invest-Gate reports.

Hilton Worldwide Plans to Expand in Egypt

• Thursday, 10th August 2017
• by Menna A. Farouk

Hilton Worldwide plans to nearly double the number of its hotels in Egypt within the next seven to 10 years as tourism returns to its levels, Reuters reports.

Draft for New Investment Law Executive Regulations Approved

• Tuesday, 8th August 2017
• by Menna A. Farouk

Egypt's economic group approves the draft of the new Investment Law executive regulations, a much-anticipated decision by both local and foreign investors, Invest-gate reports. 

Egypt, EBRD to Sign Private Sector Funding Deal Worth USD 60 mn Next Week

• Monday, 7th August 2017
• by Menna A. Farouk

Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a USD 60 mn agreement next week to finance private projects, Invest-Gate reports.

“West of Egypt” to Host A Billion Dollar Amusement Park 

• Monday, 7th August 2017
• by Menna A. Farouk

As part of the just-launched "West of Egypt" national developmental project along Egypt's western desert and northern shores, an international amusement park similar to that of Disneyland is to be established in Marsa Matrouh at total investments of USD 2.5 bn, Invest-Gate reports.

SCZone Attracts Ventures Worth Billion Pounds

• Sunday, 6th August 2017
• by Menna A. Farouk

Six investors are to develop industrial projects across the Suez Canal Zone (SCZone), including Orientals Company for Industrial Projects, Sokhna Refinery and Petrochemicals Company, Egyptian Chinese Company, and Egyptian Steel, Invest-Gate reports.