News / Egypt

Minister of Investment Meets S&P Global Delegation to Discuss Egypt’s Credit Rating and Economic Reforms

Minister of Investment and Foreign Trade Hassan ElKhatib met with a delegation from S&P Global, led by Roberto Sifon Arévalo, Global Head of Sovereign and Multilateral Lending Institutions Ratings, and Benjamin Young, Managing Director and Head of Sovereign Ratings Sector for Europe, the Middle East, and Africa, to discuss Egypt’s credit rating outlook, macroeconomic trends, and ongoing financial and institutional reforms. Representatives from the Ministry of Finance, the Central Bank of Egypt, and J.P. Morgan also attended, Invest-Gate reports.

Mountain View supports Egypt’s tourism and hospitality industry with the launch of Mountain View Hospitality

Mountain View has launched Mountain View Hospitality, a new subsidiary dedicated to managing and operating hospitality services, marking the company’s official entry into the tourism and hospitality sector. The launch coincided with the opening of KIN Hotel, the company’s first family-focused hotel in Egypt’s North Coast, designed under the concept of a “Chillax Family Hotel” that blends relaxation, innovation, and community, Invest-Gate reports.

Minister of Investment and Foreign Trade Meets World Bank Group and IFC Delegation to Review Ongoing and Future Cooperation with Egypt

As part of Egypt’s strategic partnership with the World Bank Group, Minister of Investment and Foreign Trade Eng. Hassan El-Khatib met with Mr. Cheick-Oumar Sylla, IFC Regional Director for North Africa and the Horn of Africa, and Mr. Stéphane Guimbert, World Bank Country Director for Egypt, Yemen, and Djibouti.The talks centered on expanding cooperation to support Egypt’s priorities in attracting investment and fostering sustainable growth, Invest-Gate reports.

Sckylers Enters The Egyptian Market with New Vision and Unveils Its First Project “OC” in East Cairo

The company officially launched in Egypt with a major ceremony introducing OC as its first project, aligned with Egypt’s Vision 2030 for sustainable urban development. Backed by more than 25 years of experience in Egypt and Germany, and a portfolio of over 90 projects locally and six abroad, Sckylers aims to bring a fresh model that blends smart design, luxury, and integrated services, Invest-Gate reports.

A Historic Partnership for Change: Sawiris Foundation and Essam & May Allam Foundation Commit EGP 200mn to Egypt’s Sustainable Development

In a landmark move underscoring the pivotal role of civil society in shaping Egypt’s future, the Sawiris Foundation for Social Development and the Essam & May Allam Foundation for Sustainable Development have announced a four-year partnership worth EGP 200mn (2025–2029). The agreement, equally funded by both foundations, was unveiled at a high-profile ceremony at the Grand Egyptian Museum, an iconic symbol of Egypt’s heritage and vision for progress, Invest-Gate reports.

Salam Properties Obtains Construction Permits for SPD Business Complex, Begins Excavation and Construction Works

Salam Properties has secured construction permits for the SPD Business Complex and has already begun excavation and construction works. The company confirmed that all procedures are being implemented in line with the highest building standards and legal requirements, Invest-Gate reports.

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