News / Egypt

Cairo Hosts 22nd Euromoney Conf on Sept 18

Cairo will host the investment international conference Euromoney on Sept 18-19, gathering a wide range of investors, policymakers, and officials to discuss recent businesses issues and investment opportunities in Egypt, Invest-Gate reports.

Somabay Golf Tournament to Kick Off October 5

The Red Sea resort town of Somabay will host a new golf tournament in one of its hotels, the Westin Hotel, Invest-Gate reports.

MNHD Launches Taj City Phase II 

Egyptian urban developer Madinet Nasr for Housing and Development (MNHD) is launching the second phase of its gated community Taj City in New Cairo, Invest-Gate reports.

Moody’s Affirms Egypt’s Ratings 

Moody's Investors Service affirms the Egyptian government's ratings, Invest-Gate reports.

OUD Pumps EGP 500 mn in Heliopolis Hills Project

Oriental for Urban Development (OUD) invests more than EGP 500 mn in its residential project Heliopolis Hills in Obour City, Invest-Gate reports.

Hyde Park Signs New Agreement with 5 Contractors for New Cairo Project

Egyptian real estate developer Hyde Park Properties for Development (HPD) signs an agreement worth more than EGP 1.5 bn (USD 84.4 mn) with five local construction firms for its new project in New Cairo, Invest-Gate reports.

Al Marasem Announces Phase 4 of Fifth Square

Egypt-based construction firm Al Marasem International for Development announces the launch of the fourth phase in its recent residential project 'Fifth Square', New Cairo, Invest-Gate reports.

Construction Works at Grand Egyptian Museum Reach 70%

Construction works at the Grand Egyptian Museum project are 70% completed, Invest-Gate reports.

Marseilia Egyptian Gulf Real Estate Investment H1 Profit Falls

Marseilia Egyptian Gulf Real Estate investment announces a fall in profits for the first half of 2017 as its net profit totalled EGP 5.4 mn in 2017 compared to 15.4 mn in the same period a year earlier, Invest-Gate reports.

Sodic H1 Revenue Jumps 88% to USD 66 mn

Egyptian real estate developer Sodic posts a revenue of EGP 1.17 bn (USD 65.9 mn) during the first half of the fiscal year 2017/2018, reflecting a year-on-year (y-o-y) increase of 88%, Invest-Gate reports .

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