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Castle Development, Schneider Ink Energy Management Deal

Egypt's real estate developer Castle Developments has signed a memorandum of understanding (MoU) with Schneider Electric to provide energy management and automation to the former's latest project, Castle Landmark, in the New Administrative Capital (NAC)

Sisi, Amer Discuss Monetary Policies

President Abdel-Fattah El-Sisi stressed the necessity of coordination between different state apparatuses to reduce public debt and inflation rates, Invest-Gate reports.

ODE Brings Kent College to O West

Orascom Development Egypt (ODE) has signed a school development agreement with Kent College to manage and operate a K-12 international school in O West, Invest-Gate reports.

Egypt, AfDB in Talks for Cairo-Cape Town Highway

Minister of Transport Kamel El Wazir said that Egypt is holding discussions with the African Development Bank (AfDB) for a USD 1.5 bn (EGP 22.5 bn) loan to partially finance the Cairo-Aswan Road

WUF10 Sees Egypt’s Participation with Slum Development Projects

CEO of Informal Settlement Development Fund (ISDF) Khaled Siddik said that the fund presented the government efforts to resolve the issue of slums as a priority agenda item

EgyptAir to Operate Flights Between Sharm El Sheikh, Luxor

EgyptAir will kick off weekly domestic direct flights on February 20 between South Sinai’s Sharm El-Sheikh and Upper Egypt's Luxor

Egypt in Talks for New IMF Deal

Egypt is holding talks with the International Monetary Fund (IMF) over a non-financial structural reform program, which will be focusing on abolishing bureaucracy to lure more private investments

Elsewedy Electric Unit Rolls Out Roadshow in France

Elsewedy Industrial Development (SD), a subsidiary of Elsewedy Electric, launched a roadshow in Paris, France on February 10 during the "French Egyptian Commercial and Industrial Day"

Skywalk Kicks Off EGP 8 bn Project in West Cairo

Skywalk Developments has launched its first flagship project in the 6th of October City, with investments exceeding EGP 8 bn

Fully Finished Units Only Eligible for Mortgage Finance: CBE

Vice Governor of the Central Bank of Egypt (CBE), Gamal Negm, said that units must be fully finished for them to become eligible to enjoy the mortgage finance government initiative, Invest-Gate reports.

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