Switzerland to Pump Investments Worth CHF 86 mn in Egypt

• Tuesday, 9th May 2017
• by Fatma Khaled

Switzerland plans to pump investments in Egypt worth CHF 86 million as part of a strategic plan that will operate between 2017 to 2020, Egynews reports.

Egypt to Offer 44 Investment Opportunities in New Cities

• Sunday, 7th May 2017
• by Fatma Khaled

Egypt will offer 44 investment opportunities in the country’s new cities, with areas ranging from 30 to 500 feddans, Invest-Gate reports.

Investments of Suez Canal Container Terminal hit USD 850 mn in East Port Said

• Thursday, 4th May 2017
• by Nayrouz Talaat

The total investments of the Suez Canal Container Terminal (SCCT) exceed USD 850 mn in the East Port Said zone, says the company’s general manager Yan Boza.

House Reviews New Investment Law No.8 Today

• Tuesday, 2nd May 2017
• by Nayrouz Talaat

The House of Deputies will review the New Investment Law No.8 of 2016, aiming to put an end to bureaucratic measures and attract additional investments to the country, today.

IMF delegation visits Cairo to Review Reform Program

• Sunday, 30th April 2017
• by Nayrouz Talaat

An IMF delegation is now visiting Cairo to review the recent updates on the country’s economic  reform program as a preparation for providing the country with the second tranche of a USD 1.25-bn loan, Invest-Gate reports.

AIIB To Fund Egypt’s Basic Infrastructure

• Tuesday, 25th April 2017
• by Leena ElDeeb

The Asian Infrastructure Investment Bank (AIIB) is planning to fund a variety of basic infrastructure projects worth USD 10 to 15 bn annually over a period of five to six years in countries within the bank’s operations, including Egypt, Invest-Gate reports.

EBRD Injects EUR 1.9 bn in Egypt’s Projects

• Monday, 24th April 2017
• by Fatma Khaled

The European Bank for Reconstruction and Development (EBRD) has pumped EUR 1.9 bn in 43 projects in Egypt thus far, Invest-Gate reports.

‘Mashrou’ak’ Funds 757 Projects Worth EGP 25 mn

• Monday, 24th April 2017
• by Leena ElDeeb

Egypt’s National Project for Youth Community Development, dubbed “Mashrou’ak”, has financed 757 projects worth over EGP 52 mn in Al Mahalla Al Kubra city in Al Gharbia Governorate, creating 860 job opportunities for young people, MENA reports.

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

• Monday, 24th April 2017
• by Nayrouz Talaat

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

• Thursday, 20th April 2017
• by Nayrouz Talaat

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.