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Egypt Hikes Economic Growth Forecast to 5.3-5.5% in FY2017/18

Egypt has revised up its economic growth forecast for FY2017/18 that began in July to 5.3-5.5% from 4.8% previously

Egypt Tourism Revenues Rise 123.5% to USD 7.6 bn in 2017

Egypt’s tourism revenues increased 123.5% year-on-year to USD 7.6 bn in 2017

Cityscape Egypt to Hold Business Breakfast on January 18

Cityscape Egypt is to hold a business breakfast on January 18 at the Nile Ritz-Carlton Cairo

Egypt’s First Real Estate Executive Strategic Roundtable: Challenges and Opportunities

As Egypt is undergoing a new era of mega developments, Invest-Gate is holding the first comprehensive real estate roundtable under the name of “Egypt Real Estate Think Tank" on January 16, at the Nile Ritz-Carlton.

Egypt’s Economy to Expand Amid Ongoing Reforms – World Bank

Egypt’s economy is expected to expand as a result of the ongoing reforms and improved business climate provide further growth in industrial activity

Emaar Misr Unveils Marassi Marina Project in Egypt

Emaar Misr for Development (EMD) has signed two construction contracts worth EGP 2 bn for phase one of a luxury yacht marina with Arab Construction Company (ACC) and Egypt’s Orascom Construction Industries

Real Estate Developer ARCO Obtains AAIB Loan

Egypt's real estate developer Al Arabia for Real Estate Development (ARCO) has succeeded in obtaining a new loan

Egypt’s Parliament Preliminarily Approves Bankruptcy Law

The Egyptian parliament gave a preliminary approval on Tuesday to a law governing debt restructuring, preventive composition, and bankruptcy

TMG Holding Posts Higher Sales at End-December

Egypt's real estate developer Talaat Moustafa Group Holding (TMG) recorded a 100% year-on-year rise in its sales at the end of December 2017

Saudi ACWA Power Signs USD 190 mn Deal to Develop 3 Solar Plants in Aswan

Saudi developer ACWA Power has reached financial close with the Egyptian government for the development, construction, and operation of three photovoltaic projects worth USD 190 mn and set for peak total output of 165.5 megawatts peak at the Benban complex in Upper Egypt's Aswan

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