EALB, EFG Hermes Ink Deal to Support Small Businesses

• Thursday, 24th August 2017
• by Menna A. Farouk

The Egyptian Arab Land Bank (EALB) and EFG Hermes Leasing are signing an agreement to provide leasing solutions for fixed assets to small businesses, Invest-Gate reports.

Development & Engineering Consultants to Raise Capital 

• Thursday, 24th August 2017
• by Menna A. Farouk

Egyptian engineering services provider Development & Engineering Consultants is to raise its issued capital, Invest-Gate reports

Heliopolis Housing Awards EGP 7.4 mn for New Project 

• Thursday, 24th August 2017
• by Menna A. Farouk

Egyptian real estate company Heliopolis Co. for Housing and Development awards a contract for Utilco for Engineering and Contracting, Invest-Gate reports.

Somabay Offers Attractive Payment Plans For A Limited Time Only

• Wednesday, 23rd August 2017
• by Menna A. Farouk

Somabay announces its attractive payment plans on its two projects, Baywest and Wadi Jebal, at the Somabay on the Red Sea, Invest-Gate reports.

Egypt targets 5% GDP growth by end of 2017-18

• Wednesday, 23rd August 2017
• by Menna A. Farouk

Egypt expects its gross domestic product to grow by 5% by the end of FY2017-18,  Invest-Gate reports.

Investment Zones to be Established in South Sinai, Kafr El-Sheikh, Sharm El-Sheikh, and Qalyubia

• Wednesday, 23rd August 2017
• by Menna A. Farouk

The government okays the establishment of three free investment zones in South Sinai, Kafr El-Sheikh, Sharm El-Sheikh and Qalyubia, Invest-Gate reports.

Egypt’s MCR to Launch Oasis Park Phase I Next June

• Wednesday, 23rd August 2017
• by Menna A. Farouk

Egypt's Modern Company for Construction and Real Estate (MCR) plans to launch the first phase of Oasis Park project in Sixth of October City in June, 2018, Invest-Gate reports.

Egypt Gets USD 116 mn from EBRD to Build Two Power Plants 

• Wednesday, 23rd August 2017
• by Menna A. Farouk

The European Bank for Reconstruction and Development (EBRD) and Proparco grant Egypt a loan worth USD 116 mn to build two power plants, Invest-Gate reports.

Damietta Furniture City, Al Hokair to Establish Joint Projects

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

Orascom Construction’s Unit Finalises Large Student Housing Project in US

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Orascom Construction Limited says its wholly-owned subsidiary completed a large student housing development in the US, Invest-Gate reports.