News / Egypt

Al Ahly Capital Holding Sells 47.2 mn Shares in Egyptian Resorts Co

Joint-stock private equity investment firm Al Ahly Capital Holding says it sold 47.2 mn shares in Egyptian Resorts Company at EGP 1.21 per share

Egypt’s Cabinet Approves Investment Law Executive Regulations

The Ministry of Investment has issued the executive regulations of the country’s new Investment Law which aims to lure back investors

Egypt Sees “Broad-Based” Economic Recovery – IMF Official

The International Monetary Fund (IMF) says Egypt is witnessing an economic growth, backed by a "broad-based" recovery across its industries

UK to Support Benban Solar Park with USD 97 mn

The UK’s development finance institution, CDC Group, is to invest USD 97 mn in Benban Solar Park

IL BOSCO-New Capital Phase I Units See High Demand for 2nd Day

Egypt’s real estate company Misr Italia Properties has witnessed high demand for its residential units on the second day of their sales launch event on Tuesday, October 31

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

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