SCZone to See Establishment of 15 New Diversified Projects

• Monday, 12th June 2017
• by Menna A. Farouk

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

• Monday, 12th June 2017
• by Menna A. Farouk

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.  

Gov’t to Submit Draft Investment Regulations Within A Month

• Thursday, 8th June 2017
• by Nayrouz Talaat

Egypt's ministry of investment will submit draft regulations for a newly passed investment law to the cabinet within a month, Invest-Gate reports.

President Sisi Approves Investment Law No. 8

• Sunday, 4th June 2017
• by Menna A. Farouk

Egyptian President Abdel-Fattah El-Sisi ratified on Thursday, June 1, the new investment law No. 8, after it was passed by the House of Deputies, Invest-Gate reports.

Germany Plans to Inject Investments Worth EUR 360 mn in Egypt’s Projects

• Tuesday, 30th May 2017
• by Fatma Khaled

Germany is planning to inject investments worth EUR 360 mn in several projects in Egypt covering the fields of housing, renewable energy, as well as small- and medium-sized enterprises, Invest-Gate reports.

Finland to Increase Investments in Egypt’s Renewable Energy Projects

• Monday, 29th May 2017
• by Nayrouz Talaat

Finland seeks to increase its investments in Egypt’s renewable energy projects, Invest-Gate reports.

Indian Firm to Increase Investments in Egypt to USD 1.5 bn

• Monday, 29th May 2017
• by Menna A. Farouk

TCI Sanmar, the Egyptian arm of the Indian Sanmar Petrochemicals Group, plans to increase its investments in Egypt to USD 1.5 bn, Invest-Gate reports.

GAFI Establishes Investment Zone in Damietta City for Furniture

• Monday, 29th May 2017
• by Nayrouz Talaat

A new investment zone spanning an area of 331 feddans is to be established in the New Damietta City for furniture, Invest-Gate reports.

First Phase of Siemens’ Mega Project in Egypt Finalized

• Wednesday, 24th May 2017
• by Nayrouz Talaat

Germany’s conglomerate company, Siemens, announces that the first phase of its mega project in Egypt has been finalized, with 4.8 GW already being connected to the grid, Invest-Gate reports.

Egypt in Talks With WB for USD 200 mn Loan

• Monday, 22nd May 2017
• by Nayrouz Talaat

The government is currently in talks with the World Bank to receive a EGP 200 mn loan aiming to finance labor-intensive projects nationwide, Invest-Gate reports.