News / Investment

Nasr: The State Supports Small and Medium Enterprises in Upper Egypt

Following China and India’s footsteps, Egypt will link small and medium enterprises (SME) with larger ones as to encourage investors

Fitch Rates New Egyptian Dollar Bonds ‘B’

Fitch Ratings has assigned Egypt's new senior unsecured bonds issued under the sovereign's Global Medium-Term Note programme 'B' ratings, Invest-Gate reports.

EGX Imposes EGP 25,000 Penalty on Global Telecom Holding

The EGX’s Listing Committee imposed an EGP 25,000 penalty on Global Telecom Holding due to a violation of Article 27 of the Listing Rules.

EFSA Issues First Egyptian Standards for Buildings’ Financial Evaluation

The ِEgyptian Financial Supervisory Authority (EFSA) issued the first Egyptian standards for the financial evaluation of buildings on January 24.

SCZone Aims for World’s Best 7 Investment Destinations in 2035

The General Authority for Suez Canal Economic Zone (SCZone) is targeting to become one the best seven investment destination in 2035 worldwide by making use of facilities, customs tax exemptions, and other measures that make it a competitive economic destination, Invest-Gate reports.

Ministry of Investment Displeased on Egypt’s 2017’s WEF IDI Ran

Egypt was ranked 73rd out of 79 developing economies in the World Economic Forum’s Inclusive Growth Development Index (IDI) for 2017 released on January 23, which was later met with backlash by the Ministry of Investment.

PHD to develop newly acquired land, 6 October

Palm Hills Development PHD acquired 190 acres of land from the Egyptian Ministry of Housing located adjacent to the Company's existing developments in West Cairo, including Palm Hills Golf Views and Golf Extension

Dalia Khorshid meets with Al Futtaim, Lazard and Others

The Minister of Investment Dalia Khorshid met with the Emirati Omar Al Futtaim Group and the CEOs of Lazard, Credit Suisse, and Citybank on January 20, at the World Economic Forum in Davos, Switzerland

IMF Predicts Egypt’s Inflation to Fall This Year

The International Monetary Fund IMF predicts Egypt's inflation to drop during the second quarter of 2017, state owned news portal, Ahram Online reported

Alhafda Egypt-Kuwait to Invest EGP 1 bn in 2017, Administrative Capital

Alhafda Egypt-Kuwait for Construction and Décor is to invest a sum of EGP 1 bn on residential projects at the Administrative Capital and the new cities in 2017, Al Borsa reports

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