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.

Investments in 6th of October City Total EGP 33.3 bn

• Sunday, 21st May 2017
• by Fatma Khaled

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

• Sunday, 21st May 2017
• by Menna A. Farouk

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.

Egypt To Receive More German Investments Soon

• Sunday, 21st May 2017
• by Fatma Khaled

Egypt expects to receive additional German investments in various fields, following the launch of the Egyptian-German Business Forum scheduled to be held next month, Invest-Gate reports.

Belarus Delegation Due in Cairo Soon to Scout Investment Opportunities in New Administrative Capital

• Thursday, 18th May 2017
• by Fatma Khaled

A Belarus delegation is expected to visit Egypt soon in order to scout investment opportunities in the New Administrative Capital, Invest-Gate reports.

US Companies Willing to Invest in Egypt’s Transportation Sector

• Thursday, 18th May 2017
• by Fatma Khaled

US companies are willing to invest in Egypt’s transportation sector through developing railways, Invest-Gate reports.

EBRD Willing to Fund Sokhna-Alamein Railway Project

• Thursday, 11th May 2017
• by Nayrouz Talaat

The European Bank for Reconstruction and Development (EBRD) is willing to fund the establishment of a railway line connecting Ain Sokhna, New City, 6th of October City and Alamein, Invest-Gate reports.