News / Investment

Gov’t to Submit Draft Investment Regulations Within A Month

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

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

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

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

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

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

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

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.

Investments in 6th of October City Total EGP 33.3 bn

Total investments in ongoing projects in 6th of October City amount to EGP 33.3 bn, including residential projects worth EGP 19.5 bn, Invest-Gate reports.

Saudi Investors to Up Egypt Inflows to USD 51 bn

The Saudi-Egyptian Business Council plans to increase investments to USD 51 bn across Egypt’s agricultural, industrial, tourism, energy and real estate sectors, as well as the Suez Canal Development, Invest-Gate reports.

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