News / Investment

Cairo Hosts Smart City Dubai Challenge Saturday

Cairo will host Startupbootcamp, one of the global entrepreneurial competitions, next Saturday to select the best Egyptian tech-enabled startups helping build communities based on the 'smart cities' concept, Invest-Gate reports.

Spain Eyes More Investments in Egypt

A group of Spanish investors are willing to increase their investments in Egypt amid improving investment climate, Invest-Gate reports.

Gov’t to Form Panel to Solve Problems Facing Free Zones

The government is to form a committee to solve problems facing free zones across all governorates, Invest-Gate reports.

Sheraton Reopens Cairo Hotel in Innovative Style

Sheraton Hotels & Resorts, a subsidiary of Marriott International, announces the reopening of a hotel in Cairo, Invest-Gate reports.

Egypt Attracts USD 9.8 bn in Foreign Investment in Debt Instruments in FY2016/17

Egypt attracted an almost nine-fold increase in foreign investment in domestic debt instruments in FY2016-17,  Reuters reports.

UNDP to Establish New Investment Fund in Egypt

Egypt and the United Nation Development Program (UNDP) sign an agreement to establish a new UNDP investment fund in the country, Invest-Gate reports.

Egypt Injects First Tranche of WB Loan into Developing Upper Egypt

Egypt is injecting the first tranche of the World Bank loan worth USD 125 mn into upgrading Upper Egypt in accordance with President Abdel Fattah El Sisi’s directives, Invest-Gate reports.

Gov’t Inks Three Agreements Worth EUR 203.5 mn with Germany

The government inks three agreements worth EUR 203.5 mn with Germany to boost cooperation in the areas of renewable energy, small-and medium enterprises as well as education, Invest-Gate reports.

SCZone to See Establishment of 15 New Diversified Projects

The General Authority for Suez Canal Economic Zone (SCZone) signs 15 contracts with 13 companies of diverse activities to pump investments in the Suez Special Economic Zone (SSEZ) in Ain Sokhna, Invest-Gate reports.

EBRD Approves Deal Worth USD 500 mn to Fund Renewable Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) approves on June 7 an agreement worth USD 500 mn to finance renewable energy projects in Egypt, Invest-Gate reports.  

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