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New EGP 5 bn Touristic Project Launched in Port Said Governorate

Port Said Governor Adel El-Ghadban broke ground on a EGP 5 bn touristic project on October 28

Misr Italia Properties Welcomes Clients at IL BOSCO-New Capital Phase 1 Sales Launch Event

In a welcoming atmosphere, the leading real estate developer Misr Italia Properties has opened its doors to clients during IL BOSCO-New Capital’s sales launch event on Monday, October 30

Al Mal- GTM Real Estate Debate: Putting Egypt on Global Property Market

The second Al Mal-GTM Real Estate Debate Conference "Ambitious Strategy for Exporting Real Estate" has been held on October 29 and attended by a number of industry experts and speakers, who shared their thoughts and expertise on the know-hows of putting Egypt on the international real estate map

Saudi PIF to Pump Investments in Egypt

Minister of Investment and International Cooperation Sahar Nasr agrees with the Saudi Public Investment Fund of Saudi Arabia (PIF) Chairman Yasir Othman Al-Rumayyan to speed up the injection of new investments in the fields of agriculture, tourism, industry, health, education, construction, and renewable energy in Egypt

Heliopolis Housing Profits EGP 77 mn in Q1 FY 2017-18

Real Estate developer, Heliopolis Co for Housing and Development, reports a 196% year-on-year rise in its net profits after taxes in Q1 of FY2017-18, ending on September 30

Ministries To Be Relocated to New Capital by 2019

Egyptian ministries’ headquarters will be relocated to the new capital by June 30, 2019

Egypt Mulls BYD Monorail System

China-based carmaker BYD says it signed a memorandum of Understanding (MoU) with Egypt to build a SkyRail monorail transit system in Alexandria

DP World Sokhna Welcomes 1st Regular Cruise Ship Since 2011

The leading enabler of global trade and an integral part of the supply chain, DP World Sokhna, has welcomed the first regular cruise ship, the “Cleo”, since 2011 in Sokhna Port

Egypt’s Cabinet Approves Investment Law Executive Regulations

Egypt’s cabinet has approved executive regulations for a law aimed at luring back investors

EBRD, Partners Sign New Solar Power Investment in Egypt

Egyptian renewable energy developer Infinity Solar Energy and German-based solar developer ib vogt GmbH will receive a USD 87 mn syndicated loan

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