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.

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

• Tuesday, 18th April 2017
• by Nayrouz Talaat

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

• Saturday, 15th April 2017
• by Nayrouz Talaat

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

• Saturday, 15th April 2017
• by Nayrouz Talaat

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

• Wednesday, 12th April 2017
• by Nayrouz Talaat

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.