Draft for New Investment Law Executive Regulations Approved

• Tuesday, 8th August 2017
• by Menna A. Farouk

Egypt's economic group approves the draft of the new Investment Law executive regulations, a much-anticipated decision by both local and foreign investors, Invest-gate reports. 

Egypt, EBRD to Sign Private Sector Funding Deal Worth USD 60 mn Next Week

• Monday, 7th August 2017
• by Menna A. Farouk

Egypt and the European Bank for Reconstruction and Development (EBRD) will sign a USD 60 mn agreement next week to finance private projects, Invest-Gate reports.

Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects

• Monday, 7th August 2017
• by Menna A. Farouk

Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.

Deal to Clear Dabaa Land Plot of Landmines

• Monday, 7th August 2017
• by Menna A. Farouk

Minister of Investment and International Co-operation Sahar Nasr signs a protocol of cooperation with Minister of Electricity Mohamed Shaker to clear a plot of land, dedicated to the nuclear power plant in Dabaa, of landmines at a total cost of EGP 2 mn, Invest-Gate reports.

“West of Egypt” to Host A Billion Dollar Amusement Park 

• Monday, 7th August 2017
• by Menna A. Farouk

As part of the just-launched "West of Egypt" national developmental project along Egypt's western desert and northern shores, an international amusement park similar to that of Disneyland is to be established in Marsa Matrouh at total investments of USD 2.5 bn, Invest-Gate reports.

Azmeel Group to invest EGP 600 mn in Sheikh Zayed, 6th of October 

• Monday, 7th August 2017
• by Menna A. Farouk

Egyptian real estate developer, Azmeel Group Real Estate, is to pump new investments worth EGP 600 mn in a number of residential projects in Sheikh Zayed and 6th of October cities, Invest-Gate reports.

Gov’t Revives Investment Zones to Support Small-, Medium-sized Enterprises

• Sunday, 6th August 2017
• by Menna A. Farouk

The government sets out a plan to revive a host of investment zones in Giza, Daqahliyah and Qalyubiyah for small- and medium-sized enterprises in efforts aimed at supporting young people, Invest-Gate reports.

Four Seasons Resort Sharm El-Sheikh Sees a- USD 380 mn- Expansion

• Sunday, 6th August 2017
• by Menna A. Farouk

Saudi Prince and business tycoon Waleed bin Talal pumps investments worth USD 380 mn to expand the Four Seasons Resort in Sharm El-Sheikh, Invest-Gate reports.

Emaar Misr To Expand Investments Across Egypt 

• Sunday, 6th August 2017
• by Menna A. Farouk

Leading real estate developer, Emaar Misr, plans to expand with a number of projects, including social housing projects in New El- Alamein City along with Egypt's New Administrative Capital and South Sinai, Invest-Gate reports. 

SCZone Attracts Ventures Worth Billion Pounds

• Sunday, 6th August 2017
• by Menna A. Farouk

Six investors are to develop industrial projects across the Suez Canal Zone (SCZone), including Orientals Company for Industrial Projects, Sokhna Refinery and Petrochemicals Company, Egyptian Chinese Company, and Egyptian Steel, Invest-Gate reports.