News / Investment

Egypt, Saudi Arabia Seek to Establish 8 Real Estate Projects in North Coast, Red Sea

The Saudi-Egyptian Business Council is mulling the establishment of eight real estate development projects in the North Coast and the Red Sea resort towns of Sharm El-Sheikh and Hurghada as President Abdel Fattah El Sisi is on an official visit to the Kingdom, Invest-Gate reports.

1,741 Newly-Established Local Companies in March – Report

The General Authority for Investment (GAFI) says that 1,741 new companies were established last month with total investments worth EGP 3.6 bn, Invest-Gate reports.

Ghasan Holding Group to Invest in Egypt’s Housing, Tourism Projects

Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.

South Africa’s Tana Africa Capital to Expand Businesses in Egypt

South Africa’s investment company Tana Africa Capital expresses willingness to pump more investments into Egypt and expand their business in the country, Invest-Gate reports.

China’s Hutchison Ports to Pump More Investments into Egypt’s Maritime Transport Projects

China's private holding company, Hutchison Ports, is willing to pump more investments into Egypt's maritime transport projects, multi-purpose stations and logistics centers, Invest-Gate reports.

Euro-Med. Initiative Offers USD 23 bn to Egypt’s Private Sector

The Euro-Mediterranean initiative for financing small and medium-sized enterprises is offering loans, grants, and technical assistance worth USD  23 bn to Egypt’s private sector, Invest-Gate reports.

Majid Al Futtaim Retail Seeks More Investments in Egypt

Emirati retail giant Majid Al Futtaim Retail, operator of Carrefour supermarkets, seeks to increase its investments in Egypt’s retail sector, Invest-Gate reports.

South Korea’s LG To Pump Investments worth EGP 2 bn in Egypt

South Korean giant LG Electronics is to pump investments worth EGP 2 bn (USD 120 mn) in the Egyptian market, Invest-Gate reports.

Italgen, General Electric Eye Egypt For Development Projects

Italgen, Italian energy generation company, and General Electric Egypt, American multinational conglomerate corporation,  are to work on different development projects in the infrastructure and energy sectors, Invest-Gate reports.

EBRD willing to Invest in SCZone

The European Bank for Reconstruction and Development (EBRD) is to invest in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

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