Arabian Cement Company (ACC) announced on July 31 the signing of an agreement with the Egyptian Refining Company to supply local petroleum coke, also known as pet coke, with an annual volume of 300,000 tons as of July 2019.
The Big 5 Construct Egypt will take place from September 2 to 4 at the Egypt International Exhibition Center (EIEC), east Cairo, under the theme "Bringing the World of Construction to Egypt: Product Innovation – Knowledge Sharing – Networking."
Egypt's real estate developer Castle Development has launched the third phase of Castle Landmark, named "Springfield," in the New Administrative Capital (NAC), with investments valued at EGP 450 mn.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that 1,080 distinguished housing units, spreading out over 80 buildings, have been finalized in New Alamein, out of the total 1,920 apartments underway.
The French Development Agency (FDA) eyes providing a EUR 100 mn grant to finance the upgrade of Alexandria's 150-year-old El Raml Tramway, which is set to be completely revamped in early 2022
The European Union (EU) is to allocate an approximate amount of EUR 110 mn to finance Egyptian projects in various sectors within the upcoming period, coming as part of the EUR 500 mn Single Support Framework (SSF) 2017-2020.
Egypt-based GV Developments made a debut on July 28 with its EGP 9 bn mixed-use project on the North Coast, called "White Sand," representing a quantum leap in modern tourism industries.
Chairman of Pyramids Developments Hesham Elkhouly said the company has managed to log EGP 800 mn in sales of its fourth commercial project in the New Administrative Capital (NAC), Paris Mall, just after 15 days of its launch.
The Egyptian housing ministry revealed that there are currently nine free investment zones, with investments totaled at EGP 3 bn, located in various areas across the country.
Egypt's Ministry of Finance denied news circulated on any fundamental amendments made to the income tax and value-added tax (VAT) laws.
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