News / Egypt

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

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 

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

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

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 

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

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.

Qalaa Holdings: Courts in Kenya Favor Rift Valley Railway Concession Termination

Cairo-based private equity and venture capital firm Qalaa Holdings says courts in Kenya favor the company's rift valley railway concession termination, Invest-Gate reports.

Hyde Park Unveils New Details on Coast 82 

Egyptian developer Hyde Park Properties for Development unveils new details on its latest project in North Coast, Invest-Gate reports.

Gov’t to Offer Land Plots in Kafr El-Sheikh Investment Zone Before Year-End

Gov't is to offer new land plots in an investment zone in Kafr El-Sheikh governorate before the end of this year, Invest-Gate reports.

Steel prices Hike by USD 11.205 Per Tonne

Cairo Chamber of Commerce announces that three Egyptian steel producers have raised steel prices for the local market by EGP 200 (USD 11.205) per tonne, Reuters reports.

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