News / Egypt

Nasr: Approved New Law to Lure More Investments

Investment and International Cooperation Minister Sahar Nasr says executive regulations to the new investment law aim to attract more investments to the country by providing the suitable climate, Invest-Gate reports.

Memaar Al Morshedy Launches Projects Worth EGP 1 bn 

Egyptian property developer Memaar Al Morshedy announces its latest projects worth over EGP 1 bn, Invest-Gate reports.

Egypt, AFDB Discuss Program to Support Infrastructure Projects

The Egyptian government is in discussions with the African Development Bank (AFDB) for a program worth USD 3 bn planned for 2015-2019, aiming to support Egypt's infrastructure projects, Invest-Gate reports.

Event Alert: Angham to Perform Concert At Sea Hub on August 24

Egyptian female singer Angham is to perform a concert in the North Coast on August 24, Invest-Gate reports.

Event Alert: Golf Porto Marina Hosts Concert by Superstar Amr Diab on August 18

Egyptian superstar Amr Diab is to perform a concert in the North Coast on August 18, celebrating his new album Meaddy El Nas (Passing People), Invest-Gate reports.

CGP Unveils Smart Village East in East Cairo

Cairo-based community developer Capital Group Properties (CGP) introduces a new product in its integrated community Alburouj, Invest-Gate reports.

Gov’t to Develop Slums in Damietta for EGP 24.8 mn 

The government plans to develop unsafe areas in Damietta, Invest-Gate reports.

Egypt Signs USD 1.24 bn Light Rail Deal with AVIC

Two Chinese state companies sign a USD 1.24 bn deal with Egypt to build a light rail system around Cairo, Xinhua reports.

ODE Net Sales increase by 100.1 % in H1 of 2017

Orascom Development Egypt (ODE) announces that its net sales increase by 100.1% to EGP 718.7 mn in the first half of 2017 versus EGP 359.1 mn in the same period a year earlier, Invest-Gate reports.

WB Team to Visit Egypt Aug 20 for Loan Discussions

A World Bank delegation is to visit Egypt on August 20-24 to reimburse the third tranche of a loan that aims at supporting Egypt's social and economic development program, Invest-Gate reports.

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