News / Egypt

Egypt’s M2 Money Supply Up 39.42% at End of June

Egypt's M2 money supply was up 39.4% at the end of June from a year earlier, Reuters reports.

Al-Ahram Real Estate Exhibition to Launch on August 10

Al-Ahram Real Estate Exhibition will be held from August 10 to 13 at Dusit Thani LakeView Cairo, Invest-Gate reports.

Egypt to Host Africa 2017 Forum in December 

The Ministry of Investment and International Cooperation (MIIC) is to organize, under the patronage of President Abdel Fattah El-Sisi, the "Africa 2017" Forum during the period from December 7 to 9 in Sharm El-Sheikh, Invest-Gate reports.

Abraj Misr to Launch New Phase of The Shore North Coast Soon

Egypt's property developer, Abraj Misr Company, is to launch a new phase of its flagship The Shore in Ras El Hekma area, on the North Coast in the next few days, Reuters reports.

Emaar Willing to Invest in New Administrative Capital

UAE-based real estate developer Emaar Properties is willing to pump investments into the New Administrative Capital, Alamein City and South Sinai, Invest-Gate reports.

Egypt Cuts Customs Exchange Rate to EGP 16.25

Egypt is to lower its customs exchange rate to EGP 16.25 from EGP 16.50 for one month starting August 1, Reuters reports.

Elite Real Estate Exhibition to Start on August 9

The Elite Real Estate Exhibition will be held on August 9-12 at the Cairo International Convention Center (CICC), Invest-Gate reports.

Afreximbank, Egypt’s Arab Contractors Sign USD 200 mn Facility Deal

Egyptian construction firm Arab Contractors (AC) is signing a USD 200 mn credit facility agreement with the African Export-Import Bank (Afreximbank), Reuters reports.

New Housing Project “Sakan” to be Open to Applicants on August 18

The government is to allow citizens to apply for obtaining residential units in the premium housing project "Sakan" on August 18, Invest-Gate reports.

HDG Launches Midway for commercial, medical purpose in New Heliopolis

Egyptian real estate developer, Heliopolis Developers Group HDG, is launching its new Midway project, a medical commercial compound in New Heliopolis City, Invest-Gate reports.

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